Consumer complaint received 2022-05-12
Company: CREDIT ACCEPTANCE CORPORATION
State: IL
Product: Debt collection
Sub-product: Auto debt
Issue: False statements or representation
Sub-issue: Attempted to collect wrong amount

Complaint:
Affidavit of Truth There is abundant evidence that Credit Acceptance uses abusive, deceptive, and unfair debt collection practices in an effort to destroy the emotional and mental health of a consumer. Furthermore through your abusive efforts and immoral intent, you trick possible creditors with reporting tactics to consumer reporting agencies. Tarnishing a natural person/consumer character, making them seem as if they lack credit worthiness and character. 

Pursuing 15 USC 1602 the term credit means the rate granted by a creditor to a debtor to defer payment or debt or to incur debt and defer its payment. Credit is a right, like the right to bear arms. Credit acceptance with your extortionate, false and misleading debt collection practices I can and will prove that your main intent is to punish me for nonpayment, because I was able to expose consumer violations the following : Truth in Lending violations, Fair Credit Reporting Act Fair Debt Collection Practices Act and Title 18 Chapter 41 Extortion and Threats. 

Over the past year credit acceptance, you managed to re-aged my consumer report 4-5 different times in an effort to report negative, false misleading information over a longer period of time. Credit Acceptance notified me in writing, that my payment of {$1100.00}, to retrieve my vehicle after the XXXX repo in XX/XX/2022, automatically reinstated my contract. Meaning, re-aged my consumer report for further negative abusive and extortionate purposes. Your purpose was to punish men for none payment after I exposed XXXX violations found in your installments contract. I have documentary evidence to prove that all. 

Credit Acceptance your extortionate intent was clear to start. You intentionally ignored Fair Credit Reporting Act directives. 15 USC 1681c ( c ) Requirements relating to information contained in consumer reports, clearly and adequately acknowledges a 180-day expiration period on reporting of delinquent accounts. My consumer report reads as follows, 30 days late 5 times, 60 days 1 time, 90 late days 5 times, thats a total of 660 days! 

For an additional, 480 extra days Credit Acceptance was committed to the following, negatively effecting 'my right to credit, destroying my credit worthiness, arrogantly refusing to address my injuries by them, bully me, the consumer/natural person, invade my privacy and demand payments after financing extortionate extensions of credit. The only way to do that was re-age my consumer report, pursuant 15 U.S.C 1681s-2 ( 5 ) ( A ) Responsibilities of furnishers of information to consumer reporting agencies a person shall not furnish any information relating to a consumer to any consumer reporting agency if the person knows or has reasonable cause to believe that the information is inaccurate. 

A person who furnishes information to a consumer reporting agency regarding a delinquent account being placed for collection, charged to profit or loss, or subjected to any familiar action, shall not later than 90 days after furnishing the information, notify the agency of the date of delinquency on the account, which shall be the month and year of the commencement of the delinquency on that immediately preceded the action, pursuant 15 U.S.C 1681s-2 ( 5 ) ( A ).

Credit Acceptance I demand my right to rescind this transaction, I notified you of my right to do so over 60 days ago. After notification of my right to rescind this transaction, pursuant 15 U.S.C. 1635 Right of rescission as to certain transactions, you responded with letterhead saying you refused to rescind the transaction without explanation as to why? By refusing my right ; request you violated federal consumer by not doing and not clearly conspicuously disclosing my right in our initial communication. 

I immediately respond with proof that Credit Acceptance is in the business of Financing extortionate extensions of credit, with this affidavit I have also proven your collection practices are extortionate also, pursuant the following 18 U.S.C. 893 Financing extortionate extensions of credit, 18 U.S.C. 894 Collection of extensions of credit by extortionate means and 18 U.S.C. 1341 Frauds and swindles.

I have notified the Consumer Financial Protection Bureau, XXXX XXXX XXXX Fair Trade Commission. 



XXXX XXXX

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