Top Class Actions’s website and social media posts use affiliate links. If you make a purchase using such links, we may receive a commission, but it will not result in any additional charges to you. Please review our Affiliate Link Disclosure for more information.
This settlement is closed!
Please see what other class action settlements you might qualify to claim cash from in our Open Settlements directory!
Update:
- The court granted this settlement final approval May 15, 2023.
- Let Top Class Actions know when you receive a check in the comments section below or on our Settlements & Payouts Facebook group.
General Credit Acceptance agreed to pay $2.75 million to resolve a class action lawsuit claiming it violated Missouri law when repossessing and selling collateral property.
The settlement benefits borrowers or buyers with a Missouri address whose loan or financing agreement was secured by collateral that was repossessed by General Credit Acceptance Co. since May 12, 2008.
Plaintiffs in the class action lawsuit accused the company of violating statutory requirements for pre- and post-sale notices required by Missouri law.Â
General Credit Acceptance Co. is a lender based in Missouri.
General Credit Acceptance hasn’t admitted any wrongdoing but agreed to a $2.75 million class action lawsuit settlement to resolve the repossession allegations.
Under the terms of the settlement, class members can receive a cash payment based on the amount of money they borrowed and the interest on their loan. No payment estimates are available at this time.Â
The deadline for exclusion and objection is April 15, 2023.
The final approval hearing for the settlement is scheduled for May 15, 2023.
No claim form is required to benefit from the settlement. Class members can update their addresses on the settlement website to ensure they receive their payment at the correct place.
Who’s Eligible
Borrowers or buyers with a Missouri address whose loan or financing agreement was secured by collateral that was repossessed by General Credit Acceptance Co. since May 12, 2008.
Potential Award
Varies.
Proof of Purchase
N/A
Opt Out Deadline
04/15/2023
Case Name
Weatherspoon, et al. v. General Credit Acceptance Co., Case No. 14SL-CC01561, in the 21st Judicial Circuit Court for St. Louis County, Missouri.
Final Hearing
05/15/2023
Settlement Website
Claims Administrator
Weatherspoon v GCAC
PO Box 23309
Jacksonville, FL 32241
877-312-9133
Class Counsel
Martin L Daesch
MLD LAW FIRM LLC
Jesse B Rochman
JBR LAW LLC
Craig W Richards
ONDERLAW LLC
Defense Counsel
Timothy Wolf
WATTERS WOLF BUB & HANSMANN LLC
Read About More Class Action Lawsuits & Class Action Settlements:
- Lufthansa COVID-19 canceled flights class action settlement
- Frank Speech spam text $10M class action settlement
- Allura fiber cement siding $12.5M class action settlement
- Preferred Precision Group unauthorized consumer reports $50K class action settlement
ATTORNEY ADVERTISING
Top Class Actions is a Proud Member of the American Bar Association
LEGAL INFORMATION IS NOT LEGAL ADVICE
Top Class Actions Legal Statement
©2008 – 2024 Top Class Actions® LLC
Various Trademarks held by their respective owners
This website is not intended for viewing or usage by European Union citizens.
63 thoughts onGeneral Credit Acceptance repossession $2.75M class action settlement
I also need to be contacted regarding the Credit acceptance settlement.
I financed a 2012 Toyota with credit acceptance. What do I need to do. Never got information about lawsuit
Hello, I need to be in this suit against Credit Acceptance. What do I need to do? Do I need to get an attorney?
I brought a car that was 15,000 on lot when all was said and done my car cost 30,000 with a 30+ interest rate. They repoed it I never seen it again and never received my property I missed 1 month after paying on time for 2 years.
I live in Virginia I have file bankruptcy in the United State Court here in Richmond Virginia in 2019 there are a company which is Credit Acceptance Corp they have been retaliating against me
I live in New Mexico and I bought a car that was $11,000 on the lot and it was $28,000 by the time it was done said and then I think it was like more like $32,000 actually said and done with credit acceptance corporation I was told the car was not going to cost more than maybe 17 or 18,000 I was good with that until I saw the financing they’ve also stopped my auto pay twice which made me get behind on my payments the car also blew the engine they will not work with me on lowering the payment refinancing anything like that I’m paying for a car I cannot drive they’ve been nothing but a nightmare headache and just wrong I get called 10-15 times a day from different numbers that don’t identify themselves as credit acceptance robocalls if I’m one day behind the payment day I start getting phone calls and they have called me as early as 7:00 in the morning and as late as 10:37 at night they are just wrong
I truly understand ..I filed a complaint on credit acceptance corp.when it time for me to make a payment .set me behind .thy tried to come an reo. My car .I fault the guy .wasn’t a tow driver ..last night 4am.another tow driver came 4am. I ran out .we had a big fight.an he pulled out his pistol.. I didn’t care. I still have my car ..
I got a dodge charge sacpack 2016 I bought it for 28.000 and after they got done finance it the total came to me 50.000 thousand dollar that and they when they sell the car at auction and the don’t get 50.000 for I have to pay the different this is unreal so sad
I’m dealing with credit acceptance corp.. I’ filed a complaint to the attorney in mo next mo.later for me to pay my car payment .thy retaliate by not accepting my payments .therefore sets me up to get behind on payments to be repo..and thy did try ..I drove off .
They call me multiple times a day on different numbers. The car I got was 5999 on the lot. With their financing it totaled to over 12,000. Ridiculous!