I also had car fiananced through credit acceptance in 2001. One month after purchasing the car it needed a timing chain. This was covered by the warrenty at the time. But soon after the warrenty expired the whole car started to fall apart.
After paying repair bills to keep the car running i didnt have nothing left for the car payment. So aftr a being behind a couple of months I asked them to come get the car, they said they didnt want the car just their money. I told them i didnt have the money so therefor come and get your car; that never took place.
I eventually had to stop paying for the car altogether because had to get another car. I started recieving collection notices from Credit Acceptance towards the end of 2005 for the balance owed on the vehicle which was around $2,600. I contacted them to make payment arrangments on the outstanding balance not one, not twice, not just three times but in all nin times.
The last person i spoke with told me that i need to make a four hundred down payment and they would accept two hundred a month to pay it off. I told them i didnt have that type of money and offered $100.00 down and $50 per month she told me that they are unwilling to accept that, I then suggested again to come and get the car. Anyways they ended taking me to court for double the amount owed and the orginal cost og the car.
Carol
Detroit, Michigan
U.S.A.
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