TOPEKA, Kan. (Legal Newsline) — The Office of Kansas Attorney General Derek Schmidt has announced that Credit Acceptance Corporation will issue credit to roughly 2,100 consumers who used the financing company in the purchase of a vehicle.

 

This comes after allegations the company improperly disclaimed warranties in contracts with Kansas consumers in violation of the state’s Consumer Protection Act. Credit Acceptance Corporation said the disclaimer, included on contracts issued by the company between November 2012 and December 2015, was an inadvertent error.

 

The consumers involved will receive $250 in credit to their accounts. Credit Acceptance Corporation agreed to credit the accounts, although it did not admit to violating the Kansas Consumer Protection Act. It will also pay for attorney fees and costs for the state of Kansas, as well as the Sedgwick and Johnson County District Attorneys’ Offices.

 

Affected consumers will be notified of the credit by U.S. mail.

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Kansas Attorney General's Office
120 SW 10th Ave
Topeka, KS - 66612

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