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.
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Kansas Office of the Attorney General
State of Kansas