Name: Several states investigating major company for alleged predatory car loans
Uploaded: Fri Apr 30 2021 23:07:28 GMT+0000 (UTC)
Duration: 2 min 17 s
Description: Credit Acceptance, one of the country’s largest subprime car lenders, specializes in loans to people with tarnished credit. With nearly $2 billion in revenue last year, the company’s shares soared during the pandemic. Now Credit Acceptance is being accused of predatory lending practices. A company spokeswoman told NBC News it intends to defend itself vigorously in court.

April 30, 202102:17