• Report: #328453

Complaint Review: Credit Acceptance Corporation

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  • Submitted: Wed, April 23, 2008
  • Updated: Tue, June 10, 2008

  • Reported By:Sandwich Illinois
Credit Acceptance Corporation
25505 W 12 Mile Rd. Southfield, Michigan U.S.A.

Credit Acceptance Corporation Late Charge for a Late charge Southfield Michigan

*Consumer Suggestion: Depends on the lender

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Since when can you be charged for a late charge with a late charge - when your payment is current and paid on time - but you owe a previous late charge - so they are saying my late charge is not paid on time - therefore they are charging me with another late charge!! WHAT? Is this legal?

Fairness
Sandwich, Illinois
U.S.A.

This report was posted on Ripoff Report on 04/23/2008 06:20 PM and is a permanent record located here: http://www.ripoffreport.com/r/Credit-Acceptance-Corporation/Southfield-Michigan-48037/Credit-Acceptance-Corporation-Late-Charge-for-a-Late-charge-Southfield-Michigan-328453. 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

Depends on the lender

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

Some companies will charge you a late fee for any past due balance remaining on your account so if your past due $25 and you let that amount carry over 30 days some companies will charge you a late fee on the past due balance of $25 you were carrying.
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