Vehicle loan Problems when you are unable to pay
Credit Acceptance Corporation Consumer Loan department,
Vehicle loan Problems when you are unable to pay Maryland
I bought a car from - - on -/-/-. The vehicle purchased was a - - - with - miles. I drove the car home and it stalled on me and was hard to restart once I made it back to my residence. Once I got it restarted it drove a bit but was hard to restart once I shut it off and tried to crank it up again. The next day it barely cranked over after numerous attempts it finally caught. I received a call from the lending bank ( Credit Acceptance Corporation ) and they wanted to verify my information before funding the deal. I did not verify my information with them because of the problems I just inherited. So I spoke with the rep for - minute or less on -/-/-. - - called immediately after hanging up with CAC and wanted me to call them back and verify my info and I said I could n't and was told to tell the bank I gave $3000.00 for a down payment. However, I did no such thing. I gave - - a $700.00 down payment and was scheduled to make another payment of $500.00 for a down payment not $3000.00. They submitted paperwork to CAC stating I gave $3000.00 in cash and that is a lie. CAC went through with the verification process without my consent and funded this deal and I have a account open with CAC where I am on the hook for $18000.00. This I found out after I took the car back to - - on -/-/- and told them I did not want the car because of the issues I had the first day taking it home. They told they would look at it and fix it but I told them do n't bother I do n't want the car anymore because the deal was not completed ( verified by the bank and I ). - - lied about the down payment I gave, CAC accepted the lie and I am told I am stuck with the product of a fraudulent deal.
Credit Acceptance Corporation customer in Maryland
Jan 06, 2017
* Source: CFPB Complaint Database
Credit Acceptance Corporation response to complaint:
Closed with non-monetary relief
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