Consumer complaint received 2022-12-13
Company: Bridgecrest Acceptance Corporation
State: OH
Product: Vehicle loan or lease
Sub-product: Loan
Issue: Getting a loan or lease
Sub-issue: Fraudulent loan

Complaint:
I am experiencing a very high level of racketeering activity with BRIDGECREST and its affiliates. RICO Act of 1970 ; 18 usc 241 and 18 usc 242. A very serious offense linked to very serious penalties. There is no statue of limitations on the discovery of fraud. My car contract was fraud the same day that I signed on the line with XXXX therefore it was void. The new contract that I was forced into under threat and coercion with BRIDGECREST is also fraud as you are profiting directly from securities and bonds under my person and XXXX XXXX XXXX trust  and failed to disclose this information to me as the beneficiary. XXXX fraud holds heavy federal penalties. I have yet to benefit from ANY transactions with BRIDGECREST. In fact it has been the complete opposite. 

I originally purchased my vehicle XXXX XXXX XXXX with XXXX Car Sales Company on XX/XX/XXXX located at XXXX XXXX XXXX XXXX Ohio XXXX. After carefully reviewing my contract after my racketeering suspicions I discovered that the employee/representative of XXXX falsified my income and documented that I made {$2100.00} weekly. Accepted by XXXX XXXX XXXX signed on the Sales Advisor signature line as well as the Sales XXXX signature line. This is who forged my weekly income. False and misleading Information 18 usc 1038 and falsifying documents. 49 CFR 1570.5 fraud and intentionally falsification of records. Intent to defraud me. 

BILLING ERROR Alleged accounting are as followed from the contract : Selling price {$13000.00}, XXXX XXXX XXXX {$59.00}, XXXX XXXX XXXX XXXX {$15.00}, XXXX XXXX XXXX XXXX XXXX XXXX {$20.00}, XXXX XXXX XXXX {$250.00}, XXXX XXXX XXXX XXXX {$3500.00}, XXXX XXXX XXXX {$1000.00}, XXXX ( XXXX ) plus XXXX Warranty {$690.00}, Sales Tax {$1100.00}. I didn't even know I had this coverage as it was never clearly disclosed to me whether XXXX was mandatory or voluntary. Violation of XXXX. Subtotal {$20000.00}. XXXX XXXX {$20000.00}. Annual Percentage rate ( The cost 19.017 % XXXX charge {$13000.00}. Pursuant the XXXX  charge is the SUM of ALL charges 12 CFR 1026.4. My XXXX XXXX dated XX/XX/XXXX states that my vehicle price was {$13000.00} and tax {$940.00}. As you can see this number is nowhere in the contract that I originally signed. According to a BRIDGECREST rep that I spoke to on XX/XX/XXXX I have paid a total of {$12000.00} and they are alleging that I still owe {$14000.00} for my vehicle. {$12000.00} + $ XXXX {$27000.00}. 

My XXXX consumer report states my balance owed is {$15000.00} with a current charge off status. Remarks read " Redeemed or reinstated repossession, Charged off Account. My XXXX consumer report states that the account was charged off as bad debt with remarks ; XXXX  ; redeemed in the amount of {$14000.00} with a high balance of {$20000.00}. Account status XXXX. Closed XXXX XXXX. Nothing adds up. Very sloppy accounting. 

My XXXX consumer report states my balance owed is {$15000.00} with a current charge off status. Remarks read " Redeemed or reinstated XXXX, Charged off Account. My XXXX consumer report states that the account was charged off as bad debt with remarks ; XXXX  ; redeemed in the amount of {$14000.00} with a high balance of {$20000.00}. Account status XXXX. Closed XXXX XXXX. Nothing adds up. Very sloppy accounting. 

XXXX XXXX XXXX. The original contract is called a Bill of Sell. It has security interest on it. So where are the securities and how much has your corporation ( XXXX ) benefited from? How long have you and will you benefit from these securities on my behalf? 

BRIDGECREST the. furnished XXXX XXXX with my personal and private information. My vehicle was repossessed both times from XXXX different locations that I never disclosed to XXXX or BRIDGECREST. My vehicle was also damaged each times during the act of the repossession. This second time I called in mmediately to XXXX XXXX because the first noticeable damage was my rear passenger tire. I have made several attempts to seek compensation for damages and I am being ignored by both BRIDGECREST and XXXX XXXX. I even submitted an Affidavit of Truth with XXXX witnesses. XXXX I which has first hand knowledge of my vehicle condition pre and post repossession. My affidavit. has been unrebutted. An unrebutted Affidavit stands truth in commerce. Upon picking up my vehicle I realized the XXXX XXXX 's business name was nowhere on the building. It was a totally different company building. They are not doing business under their name at this lot as law requires. XXXX. All XXXX  corporations coerced against me and my personal property to commit fraud and have caused me much injury and harm. 

15 usc 1602 L says a credit card is ANY card, plate, coupon book, or any other credit device existing for the purpose of obtaining money, property or services on credit. I furnished an application, a contract and my driver 's license AND my social security number at the time of my initial transaction. It was then sold to BRIDGECREST as an alleged lein holder. Where are the securities and what are their values???

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