Credit Acceptance Corporation Consumer Loan Complaint

Vehicle loan Managing the loan or lease managing the loan or lease

Credit Acceptance Corporation Consumer Loan department,

Vehicle loan Managing the loan or lease Managing the loan or lease Florida

1 ) On -/-/2015 received a letter in the mail that my monthly payment has gone up to $220.00 form $210.00 and my payment would be late if not received now by the - instead of the -.No notice as to why. 2 ) Originally the loan was in my mothers name and mine, the payment was set for auto-pay out of her account.She past away in - 2015. I contacted them and the bank immediately to let them know, and stop the auto pay on my mothers - account. At that time I requested ( since I would be taking over the payments now ) that the payment due date be adjusted to accommodate my banking. They told me that they would have to finish processing my mothers death certificate first and then supervisor could assist me with that. When I called back and I was transferred to a supervisor - he advised that they do not change the due date for any reason. And stated my contract stated that my payment was due on the - of every month and I have a 10 day grace period so if my


date. They said no. I also mentioned to them that I would also need a payment booklet, I still have n't received a payment booklet yet, and I always pay on or before the -. I feel like this company is not following fair consumer practices. I feel like they are trying to make it look like I 'm making late payments when they are paid on time. They are not providing me with proper payment information as stated in their contract. To this date I still have n't received a payment booklet from them. It seems like they are trying to make it look like I 'm late on my payments. In order to make it look like they would have the right to repo my car. I do not trust this company. I 've always been a good customer paying on time, and I feel like they are being dishonest & trying to take advantage of me/ ruin my credit.

Credit Acceptance Corporation customer in Florida
Dec 01, 2015

* Source: CFPB Complaint Database

Credit Acceptance Corporation response to complaint:
Closed with explanation

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