My wife and I had been saving for 3 years to buy a car after I was divorced and we finally got financing through this company. We put down 5500 dollars which was supposed to go to credit acceptance.
A few months later after making ALL payments early the car dealer we had purchased from was shut down due to numerous counts of fraud, theft and failure to forward title, etc. At this time we had made over $2500 in car payments when the La Plata County D.A. And the Chief Investigator for the Colorado Highway Patrol told us not to make any more payments as this company did not have the title.
After being assured that we would be receiving a prompt refund of any payments made Credit Acceptance thugs routinely harassed me at work for months afterwords regarding "late payments, repo orders, etc." Our credit was even trashed saying that the car was repossessed even though the original owner had reported it stolen.
I have talked several times to these crooks and every week it is a new story or a series of promises to have someone from their legal department return my phone calls - nothing has happened so far! How can they can keep the payments made on this vehicle when they never even owned it in the first place?! And because I can't get anyone to return my calls my credit is in the dumps through no fault of my own, my money has not been returned, and they're running up my phone bill from all the calls that I've placed!
This car which we have been driving can not be registered and it is the only car we have, so we get pulled over on a weekly basis. I wouldn't be surprised if this company sold stolen vehicles as SOP just as a way to rip people off. Beware! I wouldn't trust them with a wooden nickel.
0 comments