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Credit Acceptance Corp.'s net income dropped 54 percent in the first quarter to $99.5 million compared with a year earlier as the subprime-focused auto lender set aside $114.1 million more as a hedge against future losses. The Southfield-based company said Monday that it had experienced lower…

New yorkUnited statesDoug buskCredit acceptance corpConsumer financial protection bureauTreasury officer doug buskNew york attorney generalConsumer financial protection