​AG Raoul, as part of a bipartisan coalition of 41 states, secured a settlement with Credit Acceptance Corporation (CAC), providing $694 million in cash and debt relief to consumers across the country in connection with their car loans. Illinois will receive $665,395.06 from the settlement.  

“Credit Acceptance Corporation’s predatory lending practices harmed thousands of consumers. I am pleased that this settlement holds CAC accountable and requires that the company make fundamental changes to its business practices.” – AG Raoul