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GMAC AGREES TO SETTLE BIAS SUIT WITH BLACK BUYERS.

Publication: Liability & Insurance Week
Publication Date: 02-FEB-04
Format: Online - approximately 182 words
Delivery: Immediate Online Access

Article Excerpt
General Motors Acceptance Corp. has agreed to settle a class-action lawsuit which claimed the nation's second largest auto lender had discriminated against African Americans by allowing auto dealers to charge them higher interest rates on auto loans than the buyer had been found to qualify by...

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...for GMAC.

Although...

NOTE: All illustrations and photos have been removed from this article.



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