
New York Teams Up With the Feds to Sue Subprime Auto King
If billionaire Don Foss were still alive, he’d have a big problem on his hands. On Wednesday, the Consumer Financial Protection Bureau and New York Attorney General Letitia James filed a joint lawsuit against Credit Acceptance Corporation (CAC), the Michigan-based “predatory” lender that Foss—who died last year at the age of 78—founded back in the […]