Credit Acceptance Corporation Consumer Loan Complaint

Vehicle lease Shopping for a loan or lease

Credit Acceptance Corporation Consumer Loan department,

Vehicle lease Shopping for a loan or lease Ohio

Dear Sir, as an - who legally leaves in - Ohio since -, I feel very frustrated today by the fact that a bank and a car dealer company, Credit Acceptance and - have made me sign an agreement to finance my car. Initially, the car was around 12,000 . Because my credit was bad by then ( I was not familiar at all with the credit score in -, having been here for only 2 years ), I made a deposit of - - Credit Acceptance financed the vehicle for me, a -. I have been regularly paying - $ every month for the past 2 years. When I checked with Credit acceptance how much I still owe after paying -, I found that I still need to pay - - I realized that they made me sign an agreement to pay a total of almost 25,000 for a - car initially sold for -. I believe that they have abused me, and they did not treat me fairly. Banks although making profit must have a minimum of moral to avoid behaving like crooks who abuse innocent victims who are not familiar with the financial system. Please talk to Credit Acceptance, ask them how they made me sign these document and what are the criteria that made them put so high the price of an old car in spite of my effort to down deposit -. My name is -. my phone number is -, and my e-mail adress is : -. Please help me, I and my wife are making a very low salary, and are victim of a joint crooking service of - - in - Ohio and Credit Acceptance. Thank you for contacting me as soon as possible, for more details. Thanks Good bless. Kalifa

Credit Acceptance Corporation customer in Ohio
Nov 28, 2016

* Source: CFPB Complaint Database

Credit Acceptance Corporation response to complaint:
Closed with explanation

Consumer disputes how Credit Acceptance Corporation handled their complaint

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