South Dakota to Receive $100K in Auto Lender Settlement

Iowa Democrats are calling for more oversight of how Iowa spends federal coronavirus relief money. (Photo by Giorgio Trovato via Unsplash)

PIERRE, S.D. (KELO.com) – South Dakota will receive just over 100-thousand dollars, as a national auto lender settles a consumer fraud case.

Credit Acceptance Corporation approved loans that led to consumer defaults and repossessions.

Customers will be notified by the company if they’re eligible for debt relief payments or restitution.