Vehicle loan or lease -- Struggling to pay your loan -- Complaint #8834489
Complaint Overview
Complaint ID: 8834489
Company: Credit Acceptance Corporation
Product: Vehicle loan or lease
Sub-Product: Loan
Issue: Struggling to pay your loan
Sub-Issue: Denied request to lower payments
State: New York
ZIP Code: 11722
Date Received: 2024-04-22T12:00:00-05:00
Date Sent to Company: 2024-04-22T12:00:00-05:00
Company Response: Closed with explanation
Timely Response: Yes
Consumer Disputed: N/A
Submitted Via: Web
Consumer Narrative
I have a XXXX XXXX XXXX that I feel I have over paying for, I was told it was gon na help my credit but it's damaging my credit because of late payment fees. I was {$360.00} a month. So now I have to get caught up so I'm paying {$150.00} a week. But my Account balance first was XXXX XXXX XXXX & now my Remaining Balance is {$5100.00}.
Frequently Asked Questions
What is Complaint #8834489 about?
Complaint #8834489 was filed against Credit Acceptance Corporation regarding Vehicle loan or lease specifically about Struggling to pay your loan. It was received by the CFPB on 2024-04-22T12:00:00-05:00.
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.