Credit Acceptance Corporation Harrassment Southfield Michigan

ROBERT FOR SEEING WHAT WE DEAL WITH EVERYDAY // THEY SWEAR I MEAN SWEAR THAT THEY ARE NOT LATE AND THEY ARE. THEY DONT READ THE TERMS OF THEIR CONTRACT AND THEY CRY LIKE WE DID SOMETHING WRONG . nOW i WILL ADMIT THAT WE OFFER HIGH APRS BUT THEY SIGNED THEIR NAME TO THE DOTTED LINE ACCEPTING THE TERMS AND CONDITIONS OF THE CONTRACT WITHOUT READING IT. IM GLAD THAT SOMEONE ELSE BESIDES THEIR CREDITOR IS POINTING THIS FOOLISH BEHAVIOR OUT TO THEM BESIDES US.

Which is it Jon?

""I have been a Credit Acceptance customer for nearly a year and a half, and we have NEVER been late with our payment.""

If true, then why did you post the following in a rebuttal to ROR 408451?

http://www.ripoffreport.com/reports/0/408/ripoff0408451.htm

""The only complaint I have is that I will pay the payment either on time or within a day or two of due date, and for three or four days after payment is confirmed as being received, their customer service people still call me asking for their money""

It appears to me that you've made one or more payments late.

""We have never been so much as 10 days late with these guys, we've had the car since February 2008, and they treat us like we dont pay them. We're actually looking at paying them off early, and the sooner the better.""

Late is late Jon, even if it's only ONE day late. No auto loan has a grace period unless the loan agreement specifically states so. Normally what will happen when folks make some late payments is that the additional INTEREST (for being late) is added to the balance of the loan. This causes a big surprise for folks when they think their loan is payed off because they made XX number of payments, only to be told that there is still an outstanding balance on the loan-sometimes several hundred dollars.

I too have a loan with these folks. I have on many occasions paid the monthly payment before the due date and I still get harassed for three days after the due date. Last month, some guy called and actually called me a liar. So, I pulled up the confirmation email and read off the confirmation number to him to show that payment was truly made. Keep this in mind, I have been a Credit Acceptance customer for nearly a year and a half, and we have NEVER been late with our payment. EVen when payment is confirmed to have been received BY THEM, they still call me 9 times a day demanding payment. When I read off that confirmation number to the guy on the phone, he actually told me that this number doesnt mean anything, that I could have just pulled it out of my back side, and that since his computer says I didnt pay then I clearly didnt pay. Two days later I was still getting phone calls from them. Simply put their system sucks. They need to come up with a better system for taking payments. We live in a world where you can pay for things instantly, with credit card, debit card, over the phone or online....and yet these guys still take payments like we're back in 1987 or something.

Actually you were late. There is no grace period for Auto Loans, that is if the payment is due on the 1st and you pay it on the 2nd you were 1 day late. So if they call ON the due date and they get the payment the next day you were late. Now, what most people confuse being late with is the penalty date. This is the date where they assess late payment fees. This date is generally between 5-15 days after the Due Date.

These people are a Sub-Prime lender. That is they deal with people who have less than perfect credit. So they are going to be a bit more agressive on making sure that they get paid. There is an easy way to avoid these calls. Adjust your payment schedule to pay them before the due date, even getting it there 1 day in advance. As for getting a lower rate, no bank will lower the rate on their loan. In order to do this you need to refianance the car with another bank. But you have to have a good enough history to be able to get approved for the new loan. If you do great..you can be free of this bank.

Actually you were late. There is no grace period for Auto Loans, that is if the payment is due on the 1st and you pay it on the 2nd you were 1 day late. So if they call ON the due date and they get the payment the next day you were late. Now, what most people confuse being late with is the penalty date. This is the date where they assess late payment fees. This date is generally between 5-15 days after the Due Date.

These people are a Sub-Prime lender. That is they deal with people who have less than perfect credit. So they are going to be a bit more agressive on making sure that they get paid. There is an easy way to avoid these calls. Adjust your payment schedule to pay them before the due date, even getting it there 1 day in advance. As for getting a lower rate, no bank will lower the rate on their loan. In order to do this you need to refianance the car with another bank. But you have to have a good enough history to be able to get approved for the new loan. If you do great..you can be free of this bank.

Actually you were late. There is no grace period for Auto Loans, that is if the payment is due on the 1st and you pay it on the 2nd you were 1 day late. So if they call ON the due date and they get the payment the next day you were late. Now, what most people confuse being late with is the penalty date. This is the date where they assess late payment fees. This date is generally between 5-15 days after the Due Date.

These people are a Sub-Prime lender. That is they deal with people who have less than perfect credit. So they are going to be a bit more agressive on making sure that they get paid. There is an easy way to avoid these calls. Adjust your payment schedule to pay them before the due date, even getting it there 1 day in advance. As for getting a lower rate, no bank will lower the rate on their loan. In order to do this you need to refianance the car with another bank. But you have to have a good enough history to be able to get approved for the new loan. If you do great..you can be free of this bank.

Actually you were late. There is no grace period for Auto Loans, that is if the payment is due on the 1st and you pay it on the 2nd you were 1 day late. So if they call ON the due date and they get the payment the next day you were late. Now, what most people confuse being late with is the penalty date. This is the date where they assess late payment fees. This date is generally between 5-15 days after the Due Date.

These people are a Sub-Prime lender. That is they deal with people who have less than perfect credit. So they are going to be a bit more agressive on making sure that they get paid. There is an easy way to avoid these calls. Adjust your payment schedule to pay them before the due date, even getting it there 1 day in advance. As for getting a lower rate, no bank will lower the rate on their loan. In order to do this you need to refianance the car with another bank. But you have to have a good enough history to be able to get approved for the new loan. If you do great..you can be free of this bank.