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Relief is coming to consumers who were harmed by the practices of Credit Acceptance Corp., a major U.S. subprime auto lender. The company has been ordered to pay $27.2 million to settle claims it made ...

The Consumer Financial Protection Bureau and New York's attorney general sued subprime auto lender Credit Acceptance Corp. Wednesday for deceiving borrowers about the true cost of car loans, violating ...

Instead of booking subprime auto paper, Westlake Financial sold approximately $100 million of subprime auto loans in what it called a “landmark transaction.” Westlake on Tuesday announced the ...