Friday - September 18, 2026
N.J. A.G. Davenport: New Jersey Announces $694 Million Settlement With Subprime Auto Lender Credit Acceptance Corporation For Making Unaffordable, Designed-To-Fail Loans
September 18, 2026
TRENTON, New Jersey, Sept. 18 -- New Jersey Attorney General Jennifer Davenport issued the following news release:

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New Jersey Announces $694 Million Settlement with Subprime Auto Lender Credit Acceptance Corporation For Making Unaffordable, Designed-To-Fail Loans

New Jersey and 40 States Hold CAC Accountable After CFPB Permanently Dropped Its Enforcement Action in 2025

September 17, 2026

Office of The Attorney General
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