Automotive Credit Corporation Consumer Loan Complaint

Vehicle loan Taking out the loan or lease

Automotive Credit Corporation Consumer Loan department,

Vehicle loan Taking out the loan or lease Florida

- - - fraudulently sold to Automotive Credit Corp by car dealership. I traded my - - at - - - in -, FL in -. The dealership sent - bad checks to - - - and failed to pay off the vehicle so they basically stole my - -. - sent the title to - after receiving the second check without confirming that the check cleared. In - - - - sold my - that was not paid off as promised in the retail contract to Automotive Credit Corp. - is currently out of business and - - demanding payment in full in the amount of $13000.00. I called the finance company to explain what happened and was told that I was not their customer and that there is nothing they can do. So basically they were informed that they are financing a car that was not paid off by the dealership whom they bought the car from and are failing to release the lien and return the vehicle to me so I can pay the initial lienholder which is - - -.

Automotive Credit Corporation customer in Florida
Feb 05, 2017

* Source: CFPB Complaint Database

Automotive Credit Corporation response to complaint:
Closed with explanation

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