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Violation Tracker Individual Record

Company: Credit Acceptance Corp.
Current Parent Company: Credit Acceptance Corp.
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $125,000
Year: 2012
Date: November 21, 2012
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: Credit Acceptance Corp. agreed to pay $125,000 in settlement of allegations it collected payments and obtained judgments on automobile loans where the purchaser of the vehicle never obtained a proper certificate of title.
Level of Government: state
Action Type: agency action
Agency: Missouri Attorney General
Civil or Criminal Case: civil
Facility State: Missouri
HQ Country of Current Parent: USA
HQ State of Current Parent: Michigan
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: motor vehicle financing
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.