General Credit Acceptance agreed to pay $2.75 million to resolve claims it violated Missouri law when repossessing and selling collateral property.
Plaintiffs in the class action lawsuit accused General Credit Acceptance of violating statutory requirements for pre- and post-sale notices required by Missouri law.
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 settlement to resolve the repossession allegations.
General Credit Acceptance Repossession Class Action Lawsuit
- 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.
- Estimated Amount: Varies
- Proof of Purchase: N/A
- Claim Form Deadline: 04/15/2023 (Opt Out Deadline)
- Case Name & Number:
- Weatherspoon, et al. v. General Credit Acceptance Co., Case No. 14SL-CC01561, in the 21st Judicial Circuit Court for St. Louis County, Missouri.
- How to file a claim:
- Head over to the Claim Form.
- Read over the claim form to see if you are eligible.
- Complete the claim form with your info.
- Submit your claim form to receive your potential award!
(Click here to file a claim)
Don’t forget to take a look at our full list of Class Action Lawsuit Settlements! Be sure to give our list of No-Proof Class Action lawsuit to see other settlements you may qualify for.
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