Credit Acceptance

I wanted to trade the car off but the place I got it from wont work with them anymore because of past disputes with them. Im willing to refinance if theyll let me with a lower rate but I have no hope that will happen. Im willing to work out some plan to get out from under it like paying back what the car is actually worth. The name is credit acceptance and I know theyve had lawsuits in other states. I had no idea what I was signing up for nor did I have a choice who I lended with. Im trying to rebuild my credit. I want to be amicable in this, I understand I made a bad choice.

I am a victim of identity theft and filed an Identity Theft Report with the Federal Trade Commission ( FTC Complaint # XXXX ). I submitted my identity theft documentation to both XXXX and XXXX and requested that they block and remove fraudulent accounts from my credit reports as required under the Fair Credit Reporting Act ( FCRA ), including 15 U.S.C. 1681c-2.The fraudulent accounts include XXXX XXXX ( Account No . ending in XXXX ) I did not open or authorize these accounts, and they are the result of identity theft. Despite receiving my identity theft documentation, XXXX and XXXX have refused to properly investigate and remove these fraudulent accounts, stating that my dispute is " over a year old. '' I believe this is an improper basis for refusing to block and remove information resulting from identity theft.…

Credit Acceptance Corporation has been physically served evidence of dealer title floating, backdating, and systemic Georgia tax jurisdiction fraud, and that you are exercising your rights under the FTC Holder Rule to stop payment and terminate the contract. Purchase date XX/XX/XXXX State issue plate received XX/XX/XXXXXXXX XXXX XXXX

REVOCATION OF POWER OF ATTORNEY REVOCATION OF ALL PRIOR AUTHORIZATIONS, CONSENTS, AND POWERS OF ATTORNEY To : Credit Acceptance Corporation And all agents, representatives, assigns, servicers, contractors, and third parties acting on their behalf. Re : Revocation of Power of Attorney and Unauthorized Agency Authority Consumer : XXXX XXXX XXXX, Address : XXXX XXXX XXXX Vehicle : XXXX XXXX XXXX NOTICE OF REVOCATION I, XXXX XXXX XXXX, trustee of XXXX XXXX XXXX LIVING TRUST, hereby provide formal written notice that any and all powers of attorney, agency authority, implied authority, permissions, authorizations, consents, assignments, or representations previously granted, whether express or implied, to Credit Acceptance Corporation, its agents, employees, representatives, successors, assigns, contractors, or any third party acting on its behalf are hereby revoked and terminated immediately.…

I got my car back on XX/XX/year> and tried to get my car registered but could in XXXXXXXX XXXX. I then moved to Michigan where I was told it was because the title did not have the milage written in. I then proceeded to write in the milage and was told that the document was invalid and only credit acceptance could do it. I have called credit acceptance multiple times to have them send me the correct form. They proceeded to tell me I would get a call in XXXX days and no calls ever came in. I have reached a point where I just dont want to bother with them anymore.

I have no acknowledgment of these accounts i have XXXX XXXX on my social i have to put a XXXX XXXX pin for taxes all the time so im not sure why i have anything other then student loans

On XX/XX/year>, I emailed Credit Acceptance customer service requesting written hardship payment options due to a recent change in my medical health and fixed income. Credit Acceptance issued an automated reply on XX/XX/year>, explicitly promising a review and response to my written inquiry within XXXX business days. That timeframe has expired without any response. Furthermore, calling their primary customer service number ( XXXX ) leads to extremely long hold times and automated disconnections before reaching a representative. Due to my medical XXXX, I am explicitly requesting that Credit Acceptance communicate regarding my account EXCLUSIVELY in writing via email or secure portal message, and cease initiating outbound telephone calls.

My car was stolen last XXXX and stolen by my landlord who sent possession company now credit acceptance continues add more debit to me

I am filing a complaint regarding an auto loan financed through Credit Acceptance Corporation in connection with the purchase of a used XXXX XXXX XXXX in XX/XX/XXXX. I financed approximately {$33000.00} at a 15.99 % APR with a total repayment amount of approximately {$51000.00}. I currently still owe approximately {$19000.00} on the loan. Since purchasing the vehicle, I have had to pay approximately {$4400.00} for a new transmission, almost {$5000.00} for a turbo replacement and now {$7800.00} out of pocket for a complete engine replacement. I recently reviewed my loan documents and discovered I was charged for optional products, including a service contract, that I do not remember being fully explained during the financing process.…

XXXX XXXX XXXX XXXX XXXX XXXX, Pa XXXX Date of Birth : XX/XX/XXXX Last XXXX of XXXX : XXXX Re : Request for Investigation and Removal of Reinserted Credit Acceptance Account Number XXXX * * * * Reported balance XXXX Date : XX/XX/XXXX To Whom It May Concern, I am writing to formally dispute the Credit Acceptance account that has recently reappeared on my XXXX credit report. This account was previously investigated and removed from my XXXX credit file. Approximately XXXX year later, it has been reinserted without any explanation or notification that I received. Under the Fair Credit Reporting Act ( FCRA ), when previously deleted information is reinserted into a consumers credit file, the credit reporting agency must ensure the information has been properly verified and provide notice of the reinsertion. I am requesting that XXXX : * Conduct a complete investigation into this account.…

I went to purchase car XX/XX/XXXX with two paystubs and close to XXXX of cash. My annual income was only XXXX a year and wanted to just buy vehicle with amount of cash in hand.. I was told I didnt have enough to cover a XXXX XXXX XXXX that I had to finance it. I agreed, payed the cash and thought I was financing the remaining balance. Me not knowing anything about car purchases left out with a 22 % loan finance on a XXXX car turned into XXXX I had to pay. I tried to pay as much I can. I lost my income and begged them not to take my car. They took my car anyways and didnt give me any update or information on how to get it back. Or what happened with the vehicle but it shows on my credit after repossession in XX/XX/XXXX XXXX

After multiple breech of peaces and trespassing. XXXX damaged my vehicle, never fixed it. Now it's been sitting for over a XXXX at {$50.00} a day storage fee.

I am submitting this complaint because I believe Credit Acceptance Corporation is reporting inaccurate information regarding my auto loan to the consumer reporting agencies. The account is currently being reported as a closed account with a balance that I dispute. I requested that the company verify the accuracy of the information being furnished and provide documentation supporting the reporting. Specifically, I requested copies of the signed retail installment contract, the complete payment history, documentation supporting the reported repossession ( if applicable ), any legally required notices, and an itemized calculation of the balance. To date, I have not received sufficient documentation verifying the accuracy of the information being reported. Under the Fair Credit Reporting Act, companies that furnish information to consumer reporting agencies are required to report accurate information and investigate disputes regarding the accuracy of that information.…

In accordance with the fair credit reporting act this creditor has violated my rights under 15 USC SECTION 1681 SECTION 602 State 's I have the right to privacy. / 15 USC 1681 SECTION 604 A SECTION 2 states that a consumer reporting agency can not furnish and account without my written instructions

# Consumer Financial Protection Bureau ( CFPB ) Complaint * * Company : * * Credit Acceptance Corporation * * Subject : * * Wrongful Repossession, Predatory Lending, and Inaccurate Credit Reporting I am filing this complaint against Credit Acceptance Corporation regarding the wrongful repossession of my vehicle, unfair lending practices, and inaccurate credit reporting. I believe Credit Acceptance engaged in predatory lending by placing me into a loan with terms that were unfair and excessively burdensome. The loan carried a high interest rate and payment obligations that were not adequately explained and were not reasonably affordable. In addition, I believe my vehicle was wrongfully repossessed. I dispute that Credit Acceptance had a lawful basis to repossess my vehicle under the circumstances. The repossession caused significant financial hardship, including the loss of reliable transportation, emotional distress, and damage to my credit.…

I am filing this complaint regarding a vehicle that I voluntarily surrendered after it became inoperable. The vehicle developed serious mechanical and electrical problems, so I took it to a repair shop for diagnosis. The repair shop attempted to perform diagnostic testing, but they were unable to complete the tests because the vehicle would not communicate with their equipment. According to the repair report, the vehicle may have been struck by lightning or suffered significant electrical damage. Because the vehicle was no longer operable and the cost of repairs appeared to be substantial, I made the difficult decision to voluntarily surrender the vehicle to the lender. Despite these circumstances, I am still being held responsible for the remaining balance after the vehicle was surrendered. I am requesting that the company review my account, the repair report, and all of the circumstances surrounding the voluntary surrender.…

When filing your online complaint with the Consumer Financial Protection Bureau ( CFPB ) at [ XXXX ] ( XXXX XXXX XXXX XXXX, use the exact text provided below. This text uses the precise legal terms and engineering facts that federal financial investigators look for when cracking down on subprime lenders. -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- # # What to Paste into the CFPB " Describe What Happened '' Box COMPLAINT XXXX : Credit Acceptance Corporation ACCOUNT NUMBER : XXXX RELIEF SOUGHT : Immediate Account Cancellation, Complete Loan Rescission, and Credit Trade-Line Deletion I am filing this emergency complaint against Credit Acceptance Corporation for attempting to enforce a fraudulent, non-executed auto loan account ( Account No. XXXX ) built on systemic electronic signature manipulation, severe Truth in Lending Act ( TILA ) disclosure failures, and explicit bank underwriting fraud [ 15 U.S. Code 7001, 15 U.S. Code 1601, 18 U.S. Code 1344 ].…

The dealership subjected me to high-pressure sales tactics and rushed physical paperwork in front of me before allowing me to inspect or test-drive the vehicle ( a XXXX XXXX ). The only interaction I had with the automobile was sitting inside it for approximately XXXX minutes while parked. I was told the vehicle would be moved for a XXXX XXXX, but was instead funneled directly into the office to sign papers. Upon leaving the office, I realized I was rushed into paperwork without a XXXX XXXX or inspection. Over the weekend, I researched the specific model and discovered severe mechanical issues. At XXXX XXXX on Monday morning ( when the dealer opened ), I issued an explicit written cancellation via text message to the salesperson, stating I was refusing delivery and directing them to destroy the paperwork.…

XXXX Credit Acceptance DISPUTED CHARGES SENT LETTER AND POLICE REPORTS Re : Notice of Fraudulent Auto Loan, Identity Theft, and Demand to Cease Collection To Whom It May Concern, I am writing to formally notify you that the auto loan you claim is in my name is the result of fraud and identity theft. I did not apply for, authorize, sign for, or receive this loan. I dispute this account in its entirety and deny any legal responsibility for this alleged debt. Effective immediately, you are directed to cease all collection activity regarding this account until you complete a thorough investigation and provide competent evidence that I personally entered into this agreement. I demand that you provide the following documentation : * A complete copy of the original retail installment contract bearing my genuine signature. * All loan application documents and supporting identification used to obtain the loan.…

I was scammed for the XXXX XXXX XXXX XXXX XXXX, dealership closed. All in 6 months from the original signing. They repossessed after 1 year later I couldn't keep up with payments with broken car. They repossessed and auctioned the car. They report i still owe them the full amount

On XX/XX/XXXX, I purchased a XXXX XXXX XXXX ( VIN : XXXX ) from XXXX XXXX XXXX XXXX, XXXX XXXX XXXX XXXX, XXXX, TN XXXX, financed through Credit Acceptance Corporation under Account # XXXX. During the finance and contracting process, the Finance XXXX at XXXX XXXX XXXX XXXX explicitly and unambiguously told me that Credit Acceptance Corporation required the purchase of a Vehicle Service Contract ( XXXX ) as a condition of obtaining loan approval. I was told I could not get the loan without it. That statement was a deliberate lie. The XXXX XXXX XXXX XXXX XXXX XXXX XXXX, Contract No. XXXX, costing {$3800.00} states in bold print on its face : " THE PURCHASE OF THIS CONTRACT IS NOT REQUIRED EITHER TO PURCHASE OR TO OBTAIN FINANCING FOR A MOTOR VEHICLE.…

In XX/XX/XXXX, I received a notified from the credit bureau that my payments were reported late from Credit acceptance. I then call them to see why wasnt I notified, when I typically receive message monthly in regards to payment reminders and never received XXXX since XX/XX/XXXX. After XX/XX/XXXX I never received any messages or alerts. I then asked the representative to verify contact information and the contact information she verified was not my number XXXX. It was indeed my spouse number, I talked with my spouse and he said he had been talking to them to negotiate a pay off and knowingly gave him his information ( name and number ) to further discuss. He stated someone called him to discuss pay off as well. At that point, The lender permitted an unauthorized third party to alter my account security details, which directly caused me to miss critical payment notifications and led to the wrongful repossession of my vehicle.…

I am writing to formally request a review of my loan, including the interest rate, the way my payments have been applied, and the explanation I received when I contacted your office about my concerns. When I reviewed my payment history, I noticed that only about one-fourth of my payments appeared to be applied toward the principal balance, while the majority was applied toward interest. Because of this, it feels as though I have not been able to make meaningful progress in reducing the principal balance. I was also concerned that, if the principal balance is not decreasing, I would not be able to reduce the overall interest burden as quickly as expected. I contacted your office to ask why such a large portion of my payments was being applied to interest instead of principal. The response I received was that I had already signed the contract and that the terms are what they are.…

The vehicle has native equity. This car was sold to me without disclosing the known class action lawsuit for the transmission failure. The repairs for the transmission failure exceeds the balance of the loan. I have requested to transfer the loan to a new loan and stay with the same company.

Consumer Financial Protection Bureau Complaint I am requesting the CFPB investigate what I believe to be a predatory auto loan and unfair lending practices related to my vehicle financing. I believe I was placed into a loan that was designed to keep me in debt while financing a vehicle that was worth substantially less than what I was charged. The vehicle is a XXXX XXXX XXXX, financed through Credit Acceptance after being purchased from XXXX XXXX. From the beginning, this transaction was financially unreasonable. The vehicle 's advertised purchase price was approximately {$11000.00}, yet after warranties, fees, and financed add-ons, my total financed amount exceeded {$16000.00}. I also made a {$2000.00} down payment, yet despite making payments for approximately three years, my loan balance barely decreased and, in some periods, actually increased because nearly every payment was applied to interest instead of principal.…

Please accept this formal letter as my first request to investigate and remove derogatory accounts/items from my consumer report. Going over my report, I have found it has errors. It has come to my attention that you are reporting what I believe to be inaccurate data, which I dispute, and this letter is an appeal for your assistance. As a consumer reporting agency 15 U.S.C. $ 1681a ( f ), you are governed by the Fair Credit Reporting Act ( 'FCRA '' ). 15 U.S.C. 1681, et seq., which protects consumers from inaccurate, outdated, or invalidated information reporting of their consumer file. The FCRA states that it's the consumer reporting agency 's responsibility to ensure that all information contained within consumer files is accurate and free from errors. Your company is regularly engaged in the business of assembling, evaluating, and disbursing information concerning consumers for the purpose of furnishing consumer reports, as defined in 15 U.S.C. {$1600.00} ( d ), to third parties.…

I am disputing the validity of this entire reported balance. Credit Acceptance Corporation repossessed/accepted voluntary surrender of this vehicle but failed to comply with state XXXX XXXX XXXX XXXX requirements to provide an itemized post-sale deficiency explanation. Because they failed to disclose the auction price, credits, and exact calculated fees, the balance they are reporting is legally unverified. Furthermore, Credit Acceptance is improperly updating this closed account continuouslv everv month XXXX manipulate my credit profile. I demand a full deletion of this unverified tradeline. Fair Credit Reporting Act ( FCRA ) Violations When a creditor fails to respond to disputes, reports incorrect balances, or mixes files. i t violates the FCRA. XXXX.…

CREDIT ACCEPTANCE CORPORATION Account number XXXX Account type Auto Loan Responsibility Individual Interest type Fixed Date opened XX/XX/XXXX Status Open. {$4.00}, XXXX past due as of XX/XX/XXXX. Status updated XX/XX/XXXX Balance {$14000.00} Balance updated XX/XX/XXXX Recent payment - Monthly payment {$370.00} Original balance {$14000.00} Highest balance - Terms XXXX Months

On XX/XX/XXXX of XXXX my husband and I purchased a vehicle from XXXX XXXX XXXX XXXX XXXX in XXXX XXXX less than 8 months later in XXXX while picking up our son the truck stopped accelerating and would only coast. So we had the vehicle looked at by a local mechanic and else learned at that point the transmission was gone. So I called the dealership and asked for the salesman XXXX XXXX that we purchased the vehicle through, he got on the line and said for us to come up there and that he was going to speak with the owner XXXX to see they can do to help us out. My husband and I get to the dealership and was told that unfortunately it was nothing they could do bc the their warranty had run out but to contact our loan company credit acceptance because we may still have a warranty through them. So I called the loan company and they directed us to XXXX XXXX which is the warranty company. I call XXXXXXXX XXXX to see if the vehicle XXXX XXXX transmission would be covered.…

Complaint ID : XXXX I am providing additional information regarding my complaint. Within days of purchasing the vehicle, I began experiencing significant problems with the vehicle. I promptly notified the dealership and Credit Acceptance of the issues and disputed the transaction. I provided Credit Acceptance with documentation supporting my dispute, including inspection-related information and other evidence concerning the vehicles condition. Credit Acceptance requested additional information from me, and I provided the information that was requested. After providing the requested documentation, I repeatedly sought clarification regarding how Credit Acceptance intended to resolve the matter. I requested information regarding whether the transaction would be rescinded, whether repairs would be addressed, or whether another resolution would be offered. I did not receive a substantive response addressing the merits of my dispute. Instead, the vehicle was repossessed.…