Auto loans · Methodology v2026.08 · graded 2026-09-05
Credit Acceptance grades F (24/100) for auto loans under our published rubric, with 3 of 7 dimensions scored — 50% of the rubric's weight, so the grade is provisional. Every number below links to the lender’s own page or a regulator’s record, with the date we retrieved it.
Credit Acceptance
Credit Acceptance Corporation
Why this grade cannot be higher than C
Subject of a 2023 CFPB and New York Attorney General lawsuit (U.S. District Court for the Southern District of New York, Docket 1:23-cv-00038, filed Jan. 4, 2023) alleging Credit Acceptance misstated loan principal/interest terms, failed to disclose thousands of dollars in finance charges, and pushed borrowers into loans without regard to ability to repay. The CFPB filed a consent motion to withdraw as a plaintiff, granted by the court on April 29, 2025; the CFPB's own docket lists the action's status as 'Expired/Terminated/Dismissed' as of 2026. The New York Attorney General's underlying claims were not independently reverified beyond the CFPB's docket note as part of this research pass, so the state-level case's current standing should be treated as unconfirmed rather than resolved. Source (retrieved 2026-08-24)
0/100
No APR figure is published on this lender's consumer-facing pages as of 2026-08-24; rates are set loan-by-loan.
No confirmed maximum/ceiling APR is available for this lender, so cost level cannot yet be compared to the benchmark. A published "starting at" rate alone is not a ceiling.
Origination/administrative fee data has not yet been collected for this lender.
60/100
1 public enforcement action on record: CFPB and New York Attorney General (1:23-cv-00038 (S.D.N.Y.), filed 2023-01-04, status: CFPB withdrew as plaintiff by consent motion granted 2025-04-29; CFPB's own docket lists the action "Expired/Terminated/Dismissed" as of 2026. The New York Attorney General's claims were not independently reverified beyond the CFPB docket note.).
No CFPB complaint-volume figure has been mapped for this lender yet.
Licensing could not be independently confirmed from the sources reviewed. This does not mean unlicensed — only unconfirmed in current research.
0/100
0 of 2 structural terms are clearly disclosed on the lender's own materials — not disclosed: Loan term range, Loan amount range.
See Credit Acceptance’s own rate page · Graded 2026-09-05 under methodology v2026.08.
The weights and thresholds are published on the lender grades criteria page before any grade, using numbers fixed in advance. A stranger can take the same public facts cited here and reproduce this grade by hand. A dimension only scores when a real, sourced number exists for it — when one is missing we say “not yet researched” instead of averaging it away, and the “% of rubric scored” figure above is the exact fraction of the published weight this grade rests on.
3 of the 7 published dimensions — cost transparency, regulatory record, terms clarity — each backed by a published number, a source URL, and a retrieval date. That is 50% of the rubric's total weight, which is why the grade is labelled "Provisional". The remaining 4 (cost level vs. mla benchmark, fee burden, complaint density, licensing verifiability) are not scored yet; we say so rather than guess.
No. It is an educational summary of public facts about Credit Acceptance's published terms and public record under a rubric fixed in advance (methodology v2026.08). It is not legal or financial advice, and a grade cannot tell any one borrower whether a loan fits their situation.
Credit Acceptance's own published terms cross a threshold this methodology fixed in advance, or a public regulator has a docketed enforcement action on file, so the grade cannot be higher than C regardless of the other dimensions. The exact figure or docket, with its source and retrieval date, is shown on this page.
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