Dee
#2Consumer Comment
Fri, March 29, 2013
I filed it because I was married and my ex did something's without my knowledge when we became separated and I refuse to pay for someone else's debt. I didn't hide behind nothing and to top it off millionaires do it often so come off it.
Jim
Orlando,#3Consumer Comment
Fri, March 29, 2013
If you've NEVER made late payments and have such a spectacular credit reputation, why would one need to run and hide behind bankruptcy???
Dee
#4Consumer Comment
Fri, March 29, 2013
So i guess when they repoed my car i was wrong when i made all my payments on time and it was two weeks before my payment was due. and i have proof of every payment made that y they had to return it. oh and if a person has bad credit don't mean its always there fault because i had to file bankruptcy due to an ex husband so get off your high horse.
Jim
Orlando,#5Consumer Comment
Sun, September 30, 2012
Apparently in your quest to gain sympathy here, you think the world is stupid. First off, the buying and selling of loans is done EVERYDAY! There is nothing immoral, illegal or unethical about the selling of loans. The borrower DOES NOT own the loan, the lender does. The lender can sell that loan to anyone they want without informing the borrower of their intention to do so or without seeking "approval" of the borrower. To sell or buy loans is common place in the world of finance. Like I said, it happens everyday and is NOT an excuse for the borrower to fail to make their payments. Secondly, you say you've never been late on payments. If so, then please tell us why you are being financed by a SUBPRIME lender! Borrowers are placed with a SUBPRIME lender ONLY because that borrower has developed a well documented and verified reputation of NOT paying their bills on time prior to taking out the auto loan. So here you are now...you bring with you this poor payment reputation and then true to form and right on schedule you CONTINUE to not pay your bills and end up in a repo. Smart. Real, real smart! If indeed your payment record is so great, then you would be financed by a bank with an APR in the single digits instead of 15%+. I guess you just felt generous and you spent time to look for a SUBPRIME lender so you felt good about enriching their finances by volunteering to pay more...after all, you never missed any payments with that 99,899 credit score you have. Thirdly, in their COLLECTION phone calls to you as well as letters, I'm sure their BILL COLLECTORS told you a repo was a possibility. A smart person would have removed their belongings from the car, just in case. But the final overarching fact is none of this would have happened if you would have "broken from tradition" and paid your bills on time. If you didn't have the money to do so, then you go out and get a part time job to increase cash flow. Problem solved.
Ken, if you're eavesdropping here, you've told it like it is. As always, you hit the nail exactly on the head. You can see that in how the OP responded to you! Good work, Ken. Any guesses as to when the "you guys must work for them" will come?
Not Backing Down
St. Louis,#6Author of original report
Sat, September 29, 2012
I don't pay people like Ken any attention. I expect comments such as his when matters like this are made public!
Ken probably has no idea that CAC and Santander Consumer USA bought many loans from other car financial companies and not everyone is a deadbeat on paying their bills. To ease his pain, We had NEVER been in default before and the thieves repo'd the vehicle the day BEFORE our agreed payment was due. We also were able to pay the extra fees within two days of the car being picked up but I am sure Ken will find something wrong in that as well.
We have contacted every regulatory agency involved including the city where the repo company was doing business illegally. The police officer that responded to the scene to take our report on our stolen items recommended that we take legal action as well.
My post in this forum was meant to inform those of our experience with Credit Acceptance and I appreciate the support!
Niko234
Alexandria,#7Consumer Suggestion
Fri, September 28, 2012
Try calling your city's business enforcement department. If the business is operating without a license that could lead to fines and help you with your case. Ken, stop being a d**k, offer something that can help or shut up.
Ken
Colorado,#8Consumer Comment
Fri, September 28, 2012
Missouri law allows three times and then "right to cure" is no longer required.
You sound like a serial deadbeat who does everything but pay your bills on time.
This company, Credit Acceptance, is a sub-prime (deadbeat) lender.
I'd bet you have a long history of credit problems.