Violation Tracker Individual Record

Company: 
Credit Acceptance Corporation
Current Parent Company: 
Credit Acceptance Corp.
Penalty: 
$30,000
Year: 
2018
Date: 
November 20, 2018
Offense Group: 
consumer-protection-related offenses
Primary Offense: 
insurance violation
Violation Description: 

$30,000 fine levied for acting as the obligor of guaranteed asset protection waivers sold to Washington residents without being registered to do so, the Company violated RCW 48.160.020(2); WAC 284-160-030.

Level of Government: 
state
Action Type: 
agency action
Agency: 
Washington State Office of the Insurance Commissioner
Civil or Criminal Case: 
civil
Facility State: 
Washington
HQ Country of Parent: 
USA
HQ State of Parent: 
Michigan
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
financial services
Specific Industry of Parent: 
motor vehicle financing
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.