---
schema_version: "secwatch.filing_event.v1"
accession: "0000885550-26-000192"
form_type: "8-K"
ticker: "CACC"
cik: "0000885550"
company_name: "CREDIT ACCEPTANCE CORP"
filed_at: "2026-09-18T21:29:13+00:00"
generated_at: "2026-09-18T21:30:09.980111+00:00"
event_type: "litigation"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Credit Acceptance settles multistate AG investigation for $75.5M cash and $634M debt relief

## Summary
- Pays $15.5M to attorneys general and $60M to consumer relief fund; no admission of wrongdoing.
- Waives ~$634M in outstanding balances for certain customers with open accounts as of Dec 1, 2025.
- No additional charges beyond amounts previously accrued and disclosed in financial statements.
- Five-year compliance requirements: consumer disclosures, affordability protections, dealer oversight, non-use of starter interruption devices.
- Settlements subject to court approval; resolves 2023 NY AG lawsuit and multistate investigation.

## SEC filing metadata
- accession: 0000885550-26-000192
- form_type: 8-K
- ticker: CACC
- cik: 0000885550
- company_name: CREDIT ACCEPTANCE CORP
- filed_at: 2026-09-18T21:29:13+00:00
- event_type: litigation
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/885550/000088555026000192/0000885550-26-000192-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/885550/000088555026000192/cacc-20260917.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000885550-26-000192
- JSON: https://secwatch.observer/filing/0000885550-26-000192.json
- Plain text: https://secwatch.observer/filing/0000885550-26-000192.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.