Thousands of Georgians to benefit from $694M settlement with auto financing company

ATLANTA, Ga. (Atlanta News First) — Thousands of Georgians are eligible for money back or debt relief under a $694 million settlement with an auto financing company over subprime loans.

Georgia joined 40 other states in the settlement with Credit Acceptance Corporation (CAC), according to Georgia Attorney General Chris Carr’s office.

CAC, one of the nation’s largest auto finance companies, provides car loans to customers “with limited or impaired credit histories,” Carr’s office said…

Story continues

TRENDING NOW

LATEST LOCAL NEWS