• Report: #193997

Complaint Review: Credit Acceptance Corporation

  • Submitted: Tue, May 30, 2006
  • Updated: Thu, July 20, 2006

  • Reported By:centerpoint Alabama
Credit Acceptance Corporation
2505 West Twelve Mile Road, Suite 3000 Southfield, Michigan U.S.A.

Credit Acceptance Corporation ripoff Southfield Michigan

*Consumer Suggestion: This is the dealer fault

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I perchased a car from them a 2001Bonneville, after three weeks i had electrical problems and the car started cutting off while driving it, i took it to the dealership i perchased it from they told me to take the car to autozone because the warranty company does not open on Saturdays(Mechanical protection) So that monday the car cut off and on the the same day it was inpounded I went to pick it up credit acceptance put a hold on the car for reposession, I called them and was told due to nonpayments they had to reposess my car and said i can get it back if I pay $1,900 I told them only my first note is due how is that, then they broke it down to $808 I was told to pay the first note $353 plus $255 for the car sitting in the pound plus $200 for redemption fees.

My first note had to be mailed off that friday they reposessed it that monday before, after two weeks the car was back at an aution to sum it all up the car didnt have a clear title at the time. These people are ripoffs and need to be dealt with.,

Dedrick
centerpoint, Alabama
U.S.A.

This report was posted on Ripoff Report on 05/30/2006 10:51 PM and is a permanent record located here: http://www.ripoffreport.com/r/Credit-Acceptance-Corporation/Southfield-Michigan-48034/Credit-Acceptance-Corporation-ripoff-Southfield-Michigan-193997. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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#1 Consumer Suggestion

This is the dealer fault

AUTHOR: Renee - (U.S.A.)

if the title was not clear that was the dealerships fault not that of the finance company. Also with most sub prime lenders if your first payment is missed (late) car most likely will be repo'd. Also the owner of the property may have thought the car was abandoned when it was towed the the impound.
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