Vehicle loan or lease -- Repossession -- Complaint #8120493

Complaint Overview

Complaint ID: 8120493

Company: Universal Acceptance Corporation (Ne)

Product: Vehicle loan or lease

Sub-Product: Lease

Issue: Repossession

Sub-Issue: Loan balance remaining after the vehicle is repossessed and sold

State: Washington

ZIP Code: 98072

Date Received: 2024-01-07T12:00:00-05:00

Date Sent to Company: 2024-01-07T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

XXXX XXXX book states that my car was only worth it like XXXX after a repossession from the vehicle and it was sold at auction I still have an {$8000.00} bill on my credit

Frequently Asked Questions

What is Complaint #8120493 about?

Complaint #8120493 was filed against Universal Acceptance Corporation (Ne) regarding Vehicle loan or lease specifically about Repossession. It was received by the CFPB on 2024-01-07T12:00:00-05:00.

How did Universal Acceptance Corporation (Ne) 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 Universal Acceptance Corporation (Ne)?

Yes, visit the Universal Acceptance Corporation (Ne) company profile at readthecomplaint.com/company/universal-acceptance-corporation-ne 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.

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