Consumer complaint received 2022-07-12
Company: NISSAN MOTOR ACCEPTANCE COMPANY LLC
State: PA
Product: Vehicle loan or lease
Sub-product: Loan
Issue: Getting a loan or lease
Sub-issue: Fraudulent loan

Complaint:
I will like to first inform CFPB I am the properly authorized consumer and I am submitting this dispute on my own without any third parties, with the intent to not be discriminated against for exercising my rights and applying the federal laws put in place to protect me the consumer. On XX/XX/XXXX I entered a consumer credit transaction in which I was the creditor and extended credit to XXXX Nissan through my open end credit plan Pursuant to 15 USC 1602 ( g ). XXXX Nissan then disclosed my nonpublic personal Information directly to a third party with out providing me with a notice or opportunity to exercise my right that such not be disclosed Pursuant to 15 USC 6802 ( b ) to the credit reporting agencies and Nissan Motor Acceptance Company LLC. XXXX Nissan and Nissan Motor Acceptance Company LLC has used interstate Commerce for the purpose of fraud and are in violation pursuant to 15 USC 77q ( a ) ( 3 ). I sent an Affidavit Of truth on XX/XX/XXXX to XXXX Nissan stating the violations committed. To this day XXXX Nissan has failed to rebuttal the affidavit of truth which stands as truth in law if unrebutted XXXX XXXX XXXX. 

Myself and Nissan Motor Acceptance Company LLC have NO contracts between one another therefor no legally bonding obligations. Nissan Motor Acceptance Company LLC have reported this Information to the credit bureau stopping me from receiving service or goods, while oppressing me and harming my reputation violation Pursuant to 15 USC 1692d ( 1 ). Nissan Motor Acceptance Company LLC has taken cash payments in an CONSUMER credit transaction and has used Unfair practices to try to collect alleged debt charging interest and late fees violations pursuant to 15USC 1692f. XXXX Nissan have failed to give me a clear and conspicuous disclosure of the amount the credit was going to cost me as stated under the Truth and Lending disclosure. With the Finance Charge being the dollar amount the credit would cost me being {$8900.00} but instead combining both the finance charge and the amount financed with total payments being {$34000.00} when the Finance Charge is the sum of all charges, instead they used false and misleading representation of the character of the contact being a loan instead of it being a Retail Installment sale contract credit application because pursuant to 12 USC 1431 Bank power and duties are to borrow and give security upon such terms and conditions. On XX/XX/XXXX I exercised my Right of Rescission and sent it to XXXX Nissan with still no response please see attachment. 
On XX/XX/XXXX XXXX XXXX XXXX sent notice to XXXX Nissan XXXX XXXXn XX/XX/XXXX I exercised my right as stated in the contract to agreement to arbitration and sent notice to XXXX Nissan XXXX via certified mail. 
On XX/XX/XXXX XXXX XXXX XXXX sent a letter stating XXXX Nissan XXXX breach the contract and failed to pay the administrative fees and arbitrator compensation. 
Pursuant to 15 U.S Code 1635 ( b ) upon receipt of the rescission I was am not liable for any finance charge or Security interest effective immediately. XXXX Nissan failed to comply with federal law and after receipt of notice return any money or property given and terminate the security interest placed on the property. On XX/XX/XXXX Nissan Motor Acceptance Company LLC after already not having consent to have my non public personal information disclosed my home location and involved another third party tow truck company and had them come kidnap, steal and repossessed my personal property ( car ) from my home in the middle the night.

Company response to consumer: Closed with explanation