Consumer complaint received 2021-02-16
Product: Credit reporting, credit repair services, or other personal consumer reports — Credit reporting
Issue: Incorrect information on your report — Account status incorrect
Company: NISSAN MOTOR ACCEPTANCE COMPANY LLC ()

This is an attempt to reopen complaint # XXXX My lease account from Nissan started in XX/XX/XXXX. My car was involved in an accident in XX/XX/XXXX. My insurance paid the remainder to NMAC in full, a payment of {$15000.00} was made to NMACE in XX/XX/XXXX. NMAC still shows that my account has 4 late payments adding up to more than {$1000.00}. This is not correct, the car is completely paid off. 
The company ( NMAC ) has failed to address any issue. In fact, when I submitted this claim I thought that I am just trying to fix a mistake that NMAC officers did. However, based on the currently available information, this is an organized embezzlement procedure conducted by NMAC to steal the customer 's money. NMAC is using the creditworthiness evaluation system to threaten me and to get more money than they deserve, or to correct their employee 's mistakes. 
NMAC 's response details a series of facts and communications between them and the insurance company. I was not informed of these communications. Here are the facts as I see them, these are my efforts to communicate with NMAC since the accident happened : 1-On the same day of the accident, I called the dealership and informed them that my car has been in accident and it is probably going to be a total loss. I was adviced by the dealership to call NMAC and arrange the payoff payment with my insurance. 
2-I called NMAC within the same week and inquired about the procedure that needs to be conducted. I was told that the insurance company will have to pay the " payoff '' amount. No one mentioned the actual salvage value of the car. 
3-My insurance company XXXX reached out to NMAC and received a payoff quote of {$15000.00}, which is the same amount I received from NMAC 's online portal automatic quote. XXXX 's call with NMAC was recorded and sent to NMAC as a part of this investigation. 
3-By the end of XXXX, the car salvage value was evaluated at XXXX {$18000.00} XXXX higher than the " payoff '' amount. XXXX sent a check to NMAC with the requested {$15000.00} and sent me the difference amount {$3200.00}. 
4- I was told by Metromile and NMAC that this was the end of the story and that my account will be settled once the NMAC receives the {$15000.00} check. 
5-By the first week of XXXX, I received a notification from XXXX  that my NMAC account is showing missing payments. I called NMAC and inquired about why is my account is still open. At the time, the {$15000.00} was received by NMAC. However, it was applied towards neither the monthly payments nor the car settlement. NMAC 's customer service told me that this is an error on their end and asked me to file a dispute with XXXX  to resolve it. No one mentioned that I still owe NMAC any amount. 
6-My dispute with XXXX  showed that {$15000.00} payment was made, but the missing payments were not removed. Therefore, I filed this complaint with CFBP. 
7-I reached out to NMAC in the first week of XXXX trying to understand what was going on. This was the first time I was told that NMAC wants me to pay the {$2000.00} amount. 
Here is what I believe happened. NMAC assumed that the salvage value of the car is going to be below the {$15000.00}. So they were OK with insurance paying them that amount. Once they recognized that the salvage value of the car was higher, they wanted to find a way to make this difference. However, they did not really contact me. They parked the {$15000.00} amount and did not even apply it to my monthly payments and kept passing missing payment marks to the credit bureaus. NMAC is now using the credit rating system to threaten and force me into paying the {$2000.00} amount, and they do not want to even remove the missing payment marks that they have wrongfully applied to my account. 

In short, I am getting all the damage from this relationship with NMAC. I have been very diligent in this process since day one. I have followed NMAC 's customer service instructions on every step, and I ended up with damaged credit. Even if NMAC should have received this money ( {$2000.00} ), that was not communicated with me at any stage during the 4 months of XXXX, XXXX, XXXX, and XXXX. In fact, I do not believe NMAC should get anything more than the {$15000.00} that they asked for. As I mentioned in the beginning, this is an embezzlement procedure conducted by NMAC. NMAC is using creditworthiness system to threaten and shamefully steal their customer 's money.