Complaint Review: credit acceptance corp - detroit mi Michigan
- credit acceptance corp po box detroit mi 48255-1888 detroit mi, Michigan United States of America
- Phone: 1810-277-1003
- Web:
- Category: Car Financing
credit acceptance corp triangulating late fees detroit mi, Michigan
*Consumer Comment: They knew you were bluffing...read your note...
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this company is crooked, i paid off our last payment with this company and called them to ask where our title is and they said you have late fees. well i was not aware of any late fees being that they had our phone number to call up any time so as i was talking to them to ask where all these fees come from they replied that every month our payment was late and that they took there fees from the car payment and now it shows that we didn't make full payments so i told them that was illegal under federal law and they said your wrong we can do what we need to do to gain our money back. so i called the attorney generals office and questioned the matter with them and they said that is a federal law that no company is allowed to do that to a consumer. so i asked what do i do and they said contact the company and ask them to take care of the matter and if they don't call us back and we will investigate the matter.
so i call them back and they said you will not get your title until we get our money so i said ok i will call the attorney generals office and they said go ahead and waist your time doing what you need to do and we will just keep adding late fees to your account. well it looks like this company thinks they don;t have to abide by the laws from the federal government to protect the consumer that is why they always lose millions in lawsuits. so if you ever want to get a loan don;t ever use this company because they will rip you blind and treat you like trash. WHEN WILL THEY EVER BE SHUT DOWN OBAMA. YOU WERE NEVER THERE WHEN WE NEEDED YOU. SO IF YOU EVER WONDER WHY YOU ARE SO BROKE AND CAN;T GET AHEAD THIS IS ONE OF THE MANY THINGS OUR PRESIDENT ALOWS THESE COMPANIES TO DO TO US AS A CONSUMER AND TAX PAYER.
This report was posted on Ripoff Report on 02/13/2012 03:37 PM and is a permanent record located here: https://www.ripoffreport.com/reports/credit-acceptance-corp/detroit-mi-michigan-48255/credit-acceptance-corp-triangulating-late-fees-detroit-mi-michigan-838541. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
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#1 Consumer Comment
They knew you were bluffing...read your note...
AUTHOR: MovingForward - (USA)
SUBMITTED: Monday, February 13, 2012
They called your bluff! Either you did not understand what the lender meant when they explained that late fees are paid before interest and principal, or you didn't call the Attorney General (or both).
If you look at the car loan note you will see a provision in it that details how payments are to be applied. In every simple interest note I have seen, for many years, the payment is applied to late fees and other fees first, then to interest and then to principal payment. This is normal and customary in not only the auto loan business, but in mortgages too.
Send them what you owe so you can get your title.
No, I don't work for them. I read the loan docs before I sign them, that's how I know this.


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