Arkansas Targets Predatory Auto Loans | Jonesboro News

Jonesboro News Today | 2 Min News | The Daily News Now! · Sep 19, 2026 · 1m

Arkansas is launching a bold consumer protection crackdown against Credit Acceptance Corporation, accusing it of predatory lending and deceptive collections that trap borrowers in costly debt cycles. Governor Tim Griffin’s office is investigating whether the auto loan giant inflated rates and aggressively pursued payments — even when terms were unclear — harming everyday Arkansans. This isn’t just about one company; it’s about restoring fairness to a system that too often exploits vulnerable families. With victims urged to come forward and potential refunds on the table, Arkansas is sending a…