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Resource ID: #17456
Subject: Automobiles
Source: ABC News/The New York Times
Date: 2000-10-27



"In a joint investigation - ABC News 20/20 and The New York Times looked at two class-action lawsuits out of Nashville, TN that accuse two of the nation's most prominent automobile finance companies of credit discrimination. The lawsuits, filed under seal two years ago and unsealed in August 2000 on legal motions by 20/20 and The New York Times, accuse the General Motors Acceptance Corporation and the Nissan Motors Acceptance Corporation of participating in lending arrangements with car dealers that result in African-Americans paying higher finance charges on dealership-arranged loans."

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