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: 6985087

Date Received: 2023-05-16

Issue: Getting a loan or lease

Subissue: Fraudulent loan

Consumer Complaint: I have noticed on my credit report from chase that two loans were taking out falsely in my name for vechiles Loans XXXX XXXX XXXX XXXX XXXX XXXX XXXX credit acceptance corp on XX/XX/XXXX I reached to the credit department from chase to help me identify the companys and report with the companys that it was fraud. Loan one was reported and taken off my report. loan 2 needs documentation and verification from an FTC report or police report to go further.

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

State: NY

Zip: 11370

Submitted Via: Web

Date Sent: 2023-05-16

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6984084

Date Received: 2023-05-17

Issue: Managing the loan or lease

Subissue: Problem with additional products or services purchased with the loan

Consumer Complaint: my mother took my car for the day and got into a accident they told me not to worry about it and that my gap insurance will cover the costs of the vehicle a few months later it was on my credit so i called them and they said that i still owed them over {$3000.00} dollars it has been well over 4 years

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

State: NY

Zip: 12078

Submitted Via: Web

Date Sent: 2023-05-17

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6982654

Date Received: 2023-05-16

Issue: Managing the loan or lease

Subissue: Problem with fees charged

Consumer Complaint: XXXX of 2019, I had purchased a car for XXXX. I put down XXXX dollars. The credit company was Credit Acceptance, my bill was a total of {$18000.00}. How is that possible when i put down {$8000.00} dollars? The loan interest rates where incredible. I feel something is wrong. The difference was only approximately, XXXX.

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

State: NY

Zip: 121XX

Submitted Via: Web

Date Sent: 2023-05-16

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6977541

Date Received: 2023-05-16

Issue: Written notification about debt

Subissue: Didn't receive enough information to verify debt

Consumer Complaint: .My report shows a repossession on it so I wrote them requesting the notice of sale and the company never responded. I sent two requests and still no response regarding this notice to sale that I never received. On my credit report it shows I owe XXXX but i believe this creditor is a predator and tricked me into financing a unreliable car and i gave it back to them. My first letter sent requesting this information was on XX/XX/22 tracking number XXXX XXXX XXXX XXXX XXXX and the second one was on XX/XX/XXXX with tracking number 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: MO

Zip: 631XX

Submitted Via: Web

Date Sent: 2023-05-16

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6977193

Date Received: 2023-05-16

Issue: Managing the loan or lease

Subissue: Problem with the interest rate

Consumer Complaint: Overly excessive interest rate and hidden fees. Bad warranty, reporting inaccuracies on credit report. This company has lawsuits in XXXX states for its fraudulent dealings.

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

State: IL

Zip: 606XX

Submitted Via: Web

Date Sent: 2023-05-16

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6975803

Date Received: 2023-05-14

Issue: Incorrect information on your report

Subissue: Information belongs to someone else

Consumer Complaint: XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX, WI XXXX XXXX You are in direct violation The Fair Credit Reporting Act ( Credit Acceptance # XXXX ), has violated several of my rights. 15 U.S.C 1681 section 602 A. Clearly States that I have the right to privacy. 15 U.S.C 1681 section 604 A section 2. It also states a consumer reporting agency can not furnish an account without my written instructions. 15 U.S.C 1666B : A creditor may not treat a payment on a credit card account under an open-end consumer credit plan as late for any purpose. Remove these late payments and update this account immediately as you are in direct violation of several laws under The Fair Reporting Act.

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

State: WI

Zip: 53227

Submitted Via: Web

Date Sent: 2023-05-14

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6975794

Date Received: 2023-05-14

Issue: Vehicle was damaged or destroyed the vehicle

Subissue:

Consumer Complaint: The only would allow one gap company and when the vehicle was totaled and credit acceptance didnt allow the gap company pay off the complete remaining amount and did not notify me of the difference and drop my credit score and it is preventing me from getting a new car loan.

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

State: TN

Zip: 37604

Submitted Via: Web

Date Sent: 2023-05-14

Company Response to Consumer: Closed with non-monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6975613

Date Received: 2023-05-14

Issue: Managing the loan or lease

Subissue: Problem with the interest rate

Consumer Complaint: The interest rate is ridiculous I give XXXX for the car after interest rate it's XXXX

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

State: WV

Zip: 252XX

Submitted Via: Web

Date Sent: 2023-05-14

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6973821

Date Received: 2023-05-13

Issue: Struggling to pay your loan

Subissue: Denied request to lower payments

Consumer Complaint: Credit acceptance corporation sold me a car with XXXX XXXX miles on it for an absurd price, because I was ignorant about vehicles in general I signed the papers because I was told that after 6 months that I would be able to get refinanced on the loan, after the 6 months I was told that I would not possibly be able to refinance the loan or turn the vehicle in and that I was basically stuck with the payments.

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

State: KY

Zip: 413XX

Submitted Via: Web

Date Sent: 2023-05-13

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 6972507

Date Received: 2023-05-13

Issue: Struggling to pay your loan

Subissue: Loan balance remaining after the vehicle is repossessed and sold

Consumer Complaint: Well pretty much me and my co owner got a vehicle about almost six years ago we had nothing but problems with the vehicle we couldnt afford to make payments and pay for repairs we broke give the vehicle back to credit acceptance voluntarily and they put it on our credit report. They kept putting late fees and balance increase on our credit reports. Last month I got an email stating that they closed my account out and now the are suing me which is crazy because they are being sued by the state of New York they have been nothing but a headache I am a single mom of XXXX low income and taking care of my XXXX mother .This is said I cant afford to pay the balance off even though they sold the vehicle and I cant afford court this is really stressful please help me thank u

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

State: MD

Zip: 21221

Submitted Via: Web

Date Sent: 2023-05-31

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.