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Credit Acceptance Corporation - CAC LOANSHARKS!!! DO NOT DO BUSINESS WITH CAC!! Southfield, Michigan
This company is a rip-off. They harass with foreigners calling me 10 times per day when I had just made a payment. I have never been late, missed and actually have made payments that were substantially above the required amount.
Never have I had a nice person call me and never have I had a person try to work anything out with me. My payment is $340 per month, I pay $500 per month and it's still not enough to please these crooks.
They are horrible and I suggest that no one do business with them under any circumstances. They will repo your car even when you are not late and have made all of your payments on time. Illegal.
3 Updates & Rebuttals
mr rik
miami,Florida,
USA
"They are horrible and I suggest that no one do business with them under any circumstances. "
#4Consumer Comment
Fri, September 23, 2011
NOTED.
Robert
Irvine,California,
U.S.A.
What's missing?
#4Consumer Comment
Thu, September 22, 2011
Never have I had a nice person call me and never have I had a person try to work anything out with me
- If you have never paid late, never missed a payment, and are paying above the minimum payment why would they need to work anything out with you? It sounds like the entire story is not being told.
Jim
Orlando,Florida,
USA
The Real Story?
#4Consumer Comment
Thu, September 22, 2011
You stated you never missed a payment and made more than the required amount etc, right? Then you state a nice person never called you and making "arrangements" was difficult because essentially they were hard to work with.
If you were never late then why would they be calling you? If you were never late why would there need to be any need to "make arrangements"?
Any subprime loan company will start calling when payments are late because many subprime borrowers continue in their subprime ways. Nothing new here and nothing illegal, immoral or unethical. Don't want to hear from them...pay your bills on time and no, I don't work for them.