Vehicle loan or lease -- Repossession -- Complaint #8054468
Complaint Overview
Complaint ID: 8054468
Company: Credit Acceptance Corporation
Product: Vehicle loan or lease
Sub-Product: Loan
Issue: Repossession
Sub-Issue: Company explaining amount owed
State: Arkansas
ZIP Code: 72206
Date Received: 2023-12-25T12:00:00-05:00
Date Sent to Company: 2023-12-29T12:00:00-05:00
Company Response: Closed with explanation
Timely Response: Yes
Consumer Disputed: N/A
Submitted Via: Web
Consumer Narrative
I have requested the application interest to be paid to the order of the > Bearer XXXX XXXX XXXX. The Bill of Exchange and Federal Reserve allows > The drawer to get federal notes on applications with interest section 29a > will show this as true I would like the balance to be updated within five > business days I go to XXXX XXXX XXXX University online being > Treated unfairly is not a way to do business title 16 section 1431 will > help you even more with this application interest owed in the amount of the > Face value XXXX XXXX XXXX needs this for school, and the foreign agent > Registration Act of 1938 and anti-bribery statements are also added to > Protect the student from propaganda this is requested by me to review as > The laws have given also instructions to follow as agent review title 8 > Section 1481 shows oath of office relinquishes citizenship once it is > taken and must register under the Fara Act and government website. 2. the equity was stolen XXXX collaterals put down for a collateral XXXX deposit were not explained correctly they stole XXXX vehicles the sum balance is not right automated systems parameters staff was untrained to evaluate the title of the charge 15 USC 1607e 15 USC 1601 This company failed to give the correct sum amount financed 12 CFR 1026.4 ( a ) ( 3 ) ( ll ) and ( I ) fees were not or subtracted right regulation Z, R, CFR filing fees charges by third party characterizing the charges they did not subtract the items not part of the finance charges title 15 USC 1638 and 1605 transactions other then underlined open XXXX notice finders services release info lack of training reinstallment act and the right to rescind the amount financed and the finance charges are wrong and is not the actual use gap arbitration is needed to resolve matters they stole not only the collateral cars put down as a down payment they took car seats and toys of our kids music records pictures phones XXXX of them pair of brand new bag of clothing like shoes, sock missing never returned while also repoing the truck while at work repo is not lawful nor was the XXXX XXXX XXXX it was stated that credit acceptance and the dealer worked together to do this act the dealer was to get a over priced truck for as much as they could while knowing it was over priced and then took the collateral equilty and interest owed back to the consumer in a timely manner decite because the dealer stated that credit acceptance demanded these items or no deal will be on going while knowing the need for the truck at the time was a weigh on the consumer trust as credit acceptance repoed the truck and saling the truck for a lot less then it was given to the consumer shows the act of crime and fraud by consericary with XXXX XXXX XXXX XXXX XXXX XXXX XXXX request equity back off everything and the interest due to the application transfer under the Bill of exchange act and Federal Reserve Act section 29a this is owed to the bearer principal account noted in this demand letter for compensation and report of theft to this company that has been ignoring the reporting of fraud and deceit I want justice and my life liberty and property back asap from this company I requested a brand new car and funding for pain and suffering or lets go to civil federal court to resolve this issue at hand today within five business days or else we will go forward to court to get this back and even more.
Frequently Asked Questions
What is Complaint #8054468 about?
Complaint #8054468 was filed against Credit Acceptance Corporation regarding Vehicle loan or lease specifically about Repossession. It was received by the CFPB on 2023-12-25T12:00:00-05:00.
How did Credit Acceptance Corporation respond to this complaint?
The company responded with: "Closed with explanation". The response was timely.
What is the risk level of this complaint?
See the risk assessment section for details on this complaint's risk profile.
How do I file a similar complaint?
You can file a complaint with the CFPB at consumerfinance.gov/complaint. Select the appropriate product category (Vehicle loan or lease) and describe your issue in detail.
Can I see other complaints against Credit Acceptance Corporation?
Yes, visit the Credit Acceptance Corporation company profile at readthecomplaint.com/company/credit-acceptance-corporation to see all complaints, risk scores, and analysis.
Disclaimer
This analysis is AI-generated based on publicly available CFPB complaint data. It does not constitute financial or legal advice.