Credit Acceptance
Repossessed car sold for $1,000 and balance grew with interest
I financed a car from Credit Acceptance in 1998 and put $500.00 down. The car was $6,410.46. I paid around $3,000, plus full coverage insurance payments of $230.00. I lost my job, and in the night they took the car, repossessed it, and sold it for $1,000 at an auction. On my credit report they said ...