Vehicle loan or lease -- Repossession -- Complaint #8665019
Complaint Overview
Complaint ID: 8665019
Company: Credit Acceptance Corporation
Product: Vehicle loan or lease
Sub-Product: Lease
Issue: Repossession
Sub-Issue: Company explaining amount owed
State: Nevada
ZIP Code: 89117
Date Received: 2024-03-31T12:00:00-05:00
Date Sent to Company: 2024-03-31T12:00:00-05:00
Company Response: Closed with explanation
Timely Response: Yes
Consumer Disputed: N/A
Submitted Via: Web
Consumer Narrative
XX/XX/XXXX I gave XXXX XXXX XXXXXXXX for a XXXXXXXX XXXX XXXXXXXX. They advise me I can pay {$580.00} a month for my vehicle. with interest it was {$620.00}. I didnt have a job due to covid and they said they would work with me as long as I had a down payment and showing i had unemployment. My vehicle was reposed 4 times because i couldnt afford the payments.
Frequently Asked Questions
What is Complaint #8665019 about?
Complaint #8665019 was filed against Credit Acceptance Corporation regarding Vehicle loan or lease specifically about Repossession. It was received by the CFPB on 2024-03-31T12:00:00-05:00.
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.