Universal Acceptance Corporation Consumer Loan Complaint

Vehicle lease Taking out the loan or lease

Universal Acceptance Corporation Consumer Loan department,

Vehicle lease Taking out the loan or lease Missouri

Last year around - i went to Car Hop. A Buy here Pay here car lot. they told me i could put any amount of money down and drive off with any of the selected cars i was approved for. They did not tell me the price until i signed the papers. at the time i was in desperate need because i had to get back and forth to work and school. i did n't have any help but never wanted to put myself in a fix. And at the time i was only -. But i ended up picking an SUV i found interest in. I asked the price but they ignored the question. so i just followed through because i was just excited that i got approved. After i signed the papers i asked the price again and they ended up telling me it was $8000.00 almost $9000.00.! but at that point i could n't bag out because i already signed paper work. If they would have to me the price when i first asked i would n't have ever purchased a 2003 - for that price. so that 's the first way Car Hop had gotten over


now since they 're closed down ( and the car is down now as i speak ), im trying to get another car but i ca n't. Everything car lot tell me that Car Hop put me in a bad position because first they put A LOT of interest on the car plus they over charged me, plus they messed up my credit. Im only - and cant get nothing because of the broken SUV that 's on my name. Every car lot tells i would have to get a second loan or they will have to add the rest of the SUV onto my new car ( making my new car note $ - $500.00 ) and i feel its just unfair. i need to get this car off my name. I need money or for Car Hop to get this car off my name. I 've been patient for so long but its got to a point where it 's ruining my life!! im only a college student with a full time job. I cant get anything or get approved for anything in my name because of an over charged car with high interest from Car Hop!

Universal Acceptance Corporation customer in Missouri
Dec 30, 2016

* Source: CFPB Complaint Database

Universal Acceptance Corporation response to complaint:
Closed with non-monetary relief

Consumer disputes how Universal Acceptance Corporation handled their complaint

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