Consumer complaint received 2023-11-01
Company: CREDIT ACCEPTANCE CORPORATION
State: IL
Product: Vehicle loan or lease
Sub-product: Loan
Issue: Managing the loan or lease
Sub-issue: Problem with fees charged

Complaint:
This complaint is about " Credit Acceptance Corporation " auto loan that is on my credit report, of {$6000.00} of loan initial balance {$8200.00} down payment of XXXX and total of {$9200.00} whit that was paid in full and paid off on XXXX date XX/XX/2021. I was illegally charged a fianc charge of extra " CASH '' down payment BY XXXXXXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX IL in which the finance charge is supposed to be the sum of all charges, and i was forced to get insurance before leaving the car lot by both Credit Acceptance Corporation and dealership who are uncontract with one another and are business partners. 15 USC 1605 defines finance charge. 12 CFR 1026.4 says finance charge should be included. b ( 8 ). A charging a down payment where no cash should have been included is a violation of TILA 15 USC 1638 ( a ) ( 2 ) ( a ). and is misrepresentation the amount financed. Allegedly if the bank also required a down payment, it should have been in the finance charge. 15 USC 1662 averting of downpayment 12 CFR 1026.24 ( d ). H-1- credit sale model form has different charges then fianc charges allegedly. When the fianc charge is the sum of all charges? whereas i was forced to get insurance and pay extra down payment by seeing me as east prey. This is also a violation of the consumer credit contract 16 CFR Section 433.1 ( c ). and violation of 15 USC 1681s - 2 ( a ) ( 1 ) ( bii ). for false and inaccurate information. More importantly as they are civil liable and criminal liable to me under TILA violation within its own contract and a department policy violation and fraud for insurance violation within the auto loan car contract where i was forced to get insurance before i drove off the car lot, and it was not included in the finance charge. I was taken advantage of as so as my mother who was over XXXX XXXX XXXX as the co-signer. i state a claim under USC section 1640 as all parties are Incahoots with each other and under contract, by using as fraudulent scheme to deceive consumers, such as me who is an XXXX with a XXXX under the XXXX also and taking the advantage of a person XXXX XXXX XXXX XXXX XXXX  15 USC also states Civil lability provided in this section to any creditor who fails to comply with any requirements imposed under this part, including any requirement under 1635 of this section 1635 of this title, subsection ( f ) or ( g ) of section 1641 of this title, or part D or F of this subchapter with respect to any persons liable to such person. under 15 USC section 1640 - civil lability -1635 ( f ) ( g ) 0f 1641 Credit Acceptance corporation and dealership labial under downpayment of joint contract complain tent states CLAIM under 12 CRF 1026 has requirement and violation where they are civilly and criminal liable, this is a CFPB, CFRA, TILA and FDCPA violation and any unknown to me at time of complaint filed. I was also subject to Racial Disparities of overcharging, and paying double the amount the car was valued and sold for

Company public response: Company has responded to the consumer and the CFPB and chooses not to provide a public response
Company response to consumer: Closed with explanation