Amicus Briefs of Consumer Federation of America, National Consumer Law Center, Consumer Reports, and Empire Justice Center filed in NY Federal Court in support of the CFPB and NY AG’s opposition to a motion to dismiss their case against Credit Acceptance Corporation.
Originally appearing in NBC News on April 29, 2023, Rob Wile, Rania Soetirto, and Jasmine Cui quote Sarah Bolling Mancini regarding where consumers can find help if at risk of losing their home or vehicles. Help is indeed available for homeowners, said Sarah Bolling Mancini, a senior staff attorney at the nonprofit National Consumer Law Center. Some of…
Originally appearing in NBC News on April 8, 2023, Shannon Pettypiece looks at the growing cascade of financial pressures around owning a car that are squeezing already strained consumers and quotes John Van Alst. “Because of the current labor market, a lot of people are able to get a job, but the number one thing…
Originally airing on NPR during All Things Considered on February 4, 2023, Chris Arnold discusses deceptive auto sales and interviews John Van Alst. “It does happen all too frequently,” says John Van Alst, an attorney with the nonprofit National Consumer Law Center. Usually, when you finance a car through the dealer, technically you owe the…
Credit Acceptance Corporation Allegedly Misrepresented the True Cost of Credit, Profited from Financing Designed to Fail Boston – Yesterday, the Consumer Financial Protection Bureau (CFPB) and the Attorney General of New York (NY AG) filed a complaint against Credit Acceptance Corporation (CAC), a predatory subprime auto finance company for misrepresenting the cost of credit and tricking…
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