CREDIT ACCEPTANCE CORPORATION


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"Products" offered by CREDIT ACCEPTANCE CORPORATION with at least one, but usually more complaints:

Bank account or service - Other bank product/service
Checking or savings account - Checking account
Consumer Loan - Installment loan
Consumer Loan - Vehicle lease
Consumer Loan - Vehicle loan
Credit card -
Credit card - General-purpose credit card or charge card
Credit card or prepaid card - General-purpose credit card or charge card
Credit card or prepaid card - Store credit card
Credit reporting -
Credit reporting or other personal consumer reports - Credit reporting
Credit reporting or other personal consumer reports - Other personal consumer report
Credit reporting, credit repair services, or other personal consumer reports - Credit repair services
Credit reporting, credit repair services, or other personal consumer reports - Credit reporting
Credit reporting, credit repair services, or other personal consumer reports - Other personal consumer report
Debt collection - Auto
Debt collection - Auto debt
Debt collection - Credit card debt
Debt collection - Federal student loan
Debt collection - Federal student loan debt
Debt collection - I do not know
Debt collection - Medical debt
Debt collection - Mortgage debt
Debt collection - Other (i.e. phone, health club, etc.)
Debt collection - Other debt
Debt collection - Payday loan debt
Debt or credit management - Credit repair services
Money transfer, virtual currency, or money service - Domestic (US) money transfer
Money transfer, virtual currency, or money service - International money transfer
Money transfer, virtual currency, or money service - Money order
Money transfer, virtual currency, or money service - Virtual currency
Payday loan, title loan, or personal loan - Installment loan
Payday loan, title loan, or personal loan - Payday loan
Payday loan, title loan, or personal loan - Personal line of credit
Payday loan, title loan, or personal loan - Title loan
Payday loan, title loan, personal loan, or advance loan - Title loan
Vehicle loan or lease - Lease
Vehicle loan or lease - Loan
Vehicle loan or lease - Title loan

Select another page to read more about how -real people- receive -real harm- from these banks, credit bureaus, and others.
Complaint ID: 4811820

Date Received: 2021-10-15

Issue: Took or threatened to take negative or legal action

Subissue: Threatened or suggested your credit would be damaged

Consumer Complaint: CREDIT ACCEPTANCE IS DAMAGING MY CREDIT REPORT THEY ARE CONTINUOUSLY REPORTING INCORRECT AMOUNTS THAT I DO NOT OWE CAUSING LATE PAYMENTS AND DAMAGING MY CREDIT PLEASE MAKE THEM STOP THEY ARE REPORTING INCORRECT FALSE INFORMATION. I CANT RECEIVE HOUSING BECAUSE OF IT WE ARE IN COVID-19 AND THEY ARE DAMAGING MY CREDIT REPORT I CANT RECEIVE HOUSING BECAUSE OF IT. THANK YOU

Company Response: Company has responded to the consumer and the CFPB and chooses not to provide a public response

State: IL

Zip: 60452

Submitted Via: Web

Date Sent: 2021-10-15

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4811389

Date Received: 2021-10-15

Issue: Incorrect information on your report

Subissue: Account information incorrect

Consumer Complaint: 2016 account was closed! I did a voluntary repossession and report says involuntary! Also account has been closed and company ( credit acceptance ) has added {$10000.00} to bill in the last year or two. I tried to settle for a few thousand a couple of years ago! That's when I found out that they had added {$10000.00} to the account that has been closed. And also that they are claiming it to be an involuntary repossession. All three bureaus say different things!

Company Response: Company has responded to the consumer and the CFPB and chooses not to provide a public response

State: NH

Zip: 038XX

Submitted Via: Web

Date Sent: 2021-10-15

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4808085

Date Received: 2021-10-14

Issue: Incorrect information on your report

Subissue: Information belongs to someone else

Consumer Complaint: On or around XX/XX/2021, I recieved a call from my now ex-wife saying that she wanted to buy a car and all she needed was was my paystubs to get it. At first I was skeptical but she explained to me that everything would be alright. At first I didnt know too much about credit as noone had ever taught me anything about it. I had no idea my own ex would scam me into to sending info about work information. It wasnt until about XX/XX/XXXX when I checked my credit and noticed a missed payment from the company known as Credit Acceptance. I had them send me login information based off a past loan I did with them and it says I was on another loan as buyer of the car along with the co-buyer XXXX XXXX which is my ex 's mother and someone I am not affiliated in any kind of way with. The name of the car dealership New Jersey XXXX XXXX XXXX. I dont even drive the car and im being hel responsible for something I never was even present to sign for.

Company Response: Company has responded to the consumer and the CFPB and chooses not to provide a public response

State: NJ

Zip: 080XX

Submitted Via: Web

Date Sent: 2021-10-14

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4804261

Date Received: 2021-10-13

Issue: Written notification about debt

Subissue: Didn't receive notice of right to dispute

Consumer Complaint: I payed credit acceptance in a settlement the full amount of XXXX they have not yet removed the auto debt of over XXXX dollars off my credit reportthey gave it to a law firm for collections account number XXXX confirmation XXXX XXXX XXXX XXXX XXXX

Company Response: Company has responded to the consumer and the CFPB and chooses not to provide a public response

State: IN

Zip: 46312

Submitted Via: Web

Date Sent: 2021-11-15

Company Response to Consumer: Closed with non-monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4800774

Date Received: 2021-10-12

Issue: Managing the loan or lease

Subissue: Loan sold or transferred to another company

Consumer Complaint: 1. This loan was paid off in full 2. There are some missing months for reporting Missing XXXX and XXXX 3.this loan was opened in XXXX it is 8 years old 4. XXXX reported lastly in XX/XX/XXXX 5.XXXX last report was in XX/XX/XXXX 6.comments are totally different from each other

Company Response:

State: AR

Zip: 721XX

Submitted Via: Web

Date Sent: 2021-10-12

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4800507

Date Received: 2021-10-12

Issue: Incorrect information on your report

Subissue: Information is missing that should be on the report

Consumer Complaint: Loan taken out through credit acceptance in XXXX of 2017 has been charged off or sold to another company XXXX XXXX and XXXX XXXX account remains open on my credit report through Credit Acceptance and does not reflect that it is now in collections showing continuous missed payments. XXXX was in an accident and debt should be cleared after given gap insurance but I was forced to take warranty on car causing an extra fee added to account.

Company Response: Company has responded to the consumer and the CFPB and chooses not to provide a public response

State: NY

Zip: 11216

Submitted Via: Web

Date Sent: 2021-10-12

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4798958

Date Received: 2021-10-11

Issue: Incorrect information on your report

Subissue: Account status incorrect

Consumer Complaint: Credit Acceptance is reporting different information to the different credit bureaus. Since the information is not uniform across all three credit reporting agencies it is not clear they even know the correct status of the account if I even have an account there.

Company Response: Company has responded to the consumer and the CFPB and chooses not to provide a public response

State: NC

Zip: 28210

Submitted Via: Web

Date Sent: 2021-10-11

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4795500

Date Received: 2021-10-10

Issue: Incorrect information on your report

Subissue: Account information incorrect

Consumer Complaint: I have issues with the way this is being reported as it is damaged my credit. The car was repo XXXX and XXXX say its derogatory XXXX says open. This is an inaccuracy and is en to remove this account from my credit. The dates of last activity are inconsistent with each other this is also enough to remove from my credit. XXXX is reporting past due 120 days the other 2 are reporting repo. This is enough to remove or delete from credit.balance on XXXX and XXXX are the same while XXXX is no showing XXXX. XXXX and XXXX are reporting as auto loan and XXXX is not reporting at all. XXXX has not reported any months of payments late or not and is not consistent with the others With all this said this needs to be removed

Company Response: Company has responded to the consumer and the CFPB and chooses not to provide a public response

State: AR

Zip: 721XX

Submitted Via: Web

Date Sent: 2021-10-10

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4795477

Date Received: 2021-10-10

Issue: Charged fees or interest you didn't expect

Subissue:

Consumer Complaint: Financed a XXXX XXXX back on XX/XX/XXXX with a monthly payment of {$540.00}. I was informed the monthly payment that was divided into bi-weekly payments will help lower the interest rate of 22.99 % if paid on time and be able to pay off early. Initially the car purchase was {$15000.00} and the total amount financed was {$20000.00}. I've paid a total of {$19000.00} to date and still have a remaining of {$16000.00} ; which is incorrect. The early payoff option available is {$12000.00}. I've paid more than 90 % of the financed amount and should be given the option to pay {$920.00} to pay off the loan in full. I was informed misinformation and the account was set up with payments to reduce the length of the loan.

Company Response: Company has responded to the consumer and the CFPB and chooses not to provide a public response

State: NY

Zip: 11691

Submitted Via: Web

Date Sent: 2021-10-10

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 4795412

Date Received: 2021-10-09

Issue: Incorrect information on your report

Subissue: Account status incorrect

Consumer Complaint: Credit acceptance is being reported as a collection on all 3 of my credit bureaus, this was NEVER a charge off/collection. This was an auto loan with monthly installments. I paid it off in full XX/XX/2020 with no remaining balance. This account should NOT be considered a charge off/collection account. I have sent two letters to credit acceptance with NO response from them so I am asking for your help. I had XXXX in XXXX and got behind in this auto payment but always paid it so its really disheartening that they have put it under a collection/charge off because this was never the case. I paid it weekly and then paid it off. Thank you for looking into this as I am trying to purchase a home for my family of XXXX with my XXXX being in XXXX. I really need this deleted off my credit bureaus if possible. Credit Acceptance XXXX XXXX XXXXXXXX XXXX, MI XXXX XXXX XXXX - account # XXXX

Company Response: Company has responded to the consumer and the CFPB and chooses not to provide a public response

State: TX

Zip: 76112

Submitted Via: Web

Date Sent: 2021-10-09

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Select another page to read more about how -real people- receive -real harm- from these banks, credit bureaus, and others.