Subprime auto lender Credit Acceptance Corp. is marketing another securitization of dealer advances and consumer loans, in the aftermath of its pioneering founder’s retirement and the launch of yet another government investigation of its consumer practices.  

The $350 million Credit Acceptance Auto Loan Trust (CAALT) 2017-1 is the ninth U.S. subprime auto ABS offering of the year, and has a preliminary triple-A rating from bond rating agency DBRS that was released Thursday.

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