Several States Investigating Major Company For Alleged Predatory Car Loans | NBC Nightly News

2021-ж., 30-апр.
20 353 Көрүүлөр

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.
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    ezPChelpezPChelp4 күн мурун
  • Car dealers are like shady business people

    books from Windblownbooks from Windblown7 күн мурун
  • Keep the lawsuits coming until they defend themselves into bankruptcy.

    SourDoughBillSourDoughBill10 күн мурун
    • Car dealers are like loan sharks

      books from Windblownbooks from Windblown7 күн мурун
    • @Jamie Theo yea, have been watching on Flixzone for years myself :D

      Marlon RaylanMarlon Raylan8 күн мурун
    • a tip : you can watch movies on Flixzone. I've been using them for watching loads of movies these days.

      Jamie TheoJamie Theo8 күн мурун
  • Most people do not understand how PREDATORY LOANS WORK....including those that speak English as a second language. Consumers pay up to FOUR times the value of the same vehicle that I could pay cash. A $10,000 car becomes $40,000 due to all the fees and damage created by this type of loan. Our company, specializes in creating a transparent car loan from the start. In the end, ask the dealership how much they are inflating the purchase price above the KBB to satisfy the lender? It is not unusual to see 200%!

    Mark BensonMark Benson10 күн мурун
  • Where there is one there are many.

    Tammy TaylorTammy Taylor10 күн мурун
  • Here in the Niagara Peninsula, last summer I got a few easy car loan advertisements in the mail.

    John WattJohn Watt10 күн мурун
  • I’m glad I paid them off within 4 or 5 months they definitely have crazy interest rates

    Sans the spooky scary skelotonSans the spooky scary skeloton10 күн мурун
  • The Predatory creditors are feasting on Covid. Beware of them. The scam is on.

    David EllisDavid Ellis10 күн мурун