Consumer complaint received 2024-09-26 00:00:00
Product: Vehicle loan or lease — Loan
Issue: Repossession — Loan balance remaining after the vehicle is repossessed and sold
Company: American Credit Acceptance, LLC
State: OK

Complaint narrative:
Regarding the reference account and transaction this vehicle was purchased at a XXXX dealership. I have recently come across information from the Federal trade commission website more specifically the XXXXXXXX XXXX XXXXXXXX act. 
The FTC is a government website I take all my information from the source. It's important that you know where you're getting information from why is that important? Because the source is important for credibility. The information that I'm giving you I can cite any of the source and you can go and look up the information yourself that is the power of citing your sources. 

15 USD 6802 obligations with respect to disclosures of personal information notice and what requirements so accept as otherwise provided in the subtractor a financial institution may not directly or through any affiliate disclose to a non-affiliated third party. 
Before your information is disclosed or is given to another affiliated third party things that must be done so the first thing you need to do when you're opting out of having your information reported is the company should have provided your disclosures. In general a financial institution may not disclose non-public personal information to a non-affiliated third party unless they do these three things : If that financial institution have not done these three things they can not disclose your information to no affiliated third party. There are Three disclosures that must be mentioned and or presented before they can share my information. I must receive three disclosures before they report my information they have to give me three disclosures.

Disclosure 1 such financial institution clearly and conspicuously right disclose to the consumer in writing or in electronic form or other form permitted by the regulations prescribed on the section 6804 of this title that such information may be disclosed to such third party.

So in modern day a large majority of companies aren't mentioning disclosures to their customers and are breaking the law. At no point was I informed and disclosed that my information would be shared to a third party.

The second thing is the consumer is given the opportunity before the time that such information is initially disclosed to direct that such information not be disclosed to such third party.

I repeat The consumer is given the opportunity before the time that such information is initially disclosed to direct that such information not be disclosed to such third party. So to clarify they're saying The consumer must be given the opportunity before they report the information that such information is going to be reported and they disclose it to you that you the consumer have the right to know That's basically what they're saying so the consumer is giving the opportunity you are getting the opportunity to say yes or no I want information reported or I don't want it reported before they put it on there that's what it says before the time that's such information is disclosed to the non affiliated third party to direct that to direct means you're going to tell them Yes I wanted it reported or no I don't want it that such information not be disclosed to such third party. At no point does a company inform the consumer that before they disclose it they said hey in 30 days we're going to report your information you right now have an opportunity to say if you want that information reported.

The consumer is given an explanation of how the consumer can exercise the non-disclosure option I didn't say they were supposed to give you one, I didn't say they were supposed to give you two, I said they're supposed to give you three disclosures before your information gets reported who on this live has ever received all three disclosures. 

XXXX dealership did not disclose this information to me that is required by law that is true. XXXX dealership knowingly and willfully withheld pertinent information regarding the disclosure of my information to an two affiliated and non-affiliated third party. XXXX auto dealership knowingly and willfully withheld information that explained how I the consumer can exercise that non-disclosure option. 
You are in violation of several federal laws you have 10 calendar days from the receipt of this letter to delete this account from all credit reporting agencies that you have furnished this information to along with all my consumer report that this information is on should you decide to discriminate against me. Iam aware that discrimination can occur when a person exercises their consumer laws some companies or financial companies they will stop doing business with you like if you have accounts with them they'll shut the accounts down. 
The equal credit opportunity act : equal credit opportunity act you can not be discriminated against if you exercise your consumer right. If you in good faith exercise any of your consumer rights and you find that after you exercise these rights your credit card got shut down your bank account got frozen you can not apply to get a car anymore even though you're qualified. 

15 USC 1691 A3 right activities constitute in discrimination it says this it shall be unlawful for any creditor to discriminate against any applicant with respect to any aspect of a credit transaction number one on the basis of raise color religion national religion XXXX material status age provided at the applicant as the capacity to contract number two says because all are part of the applicants income derived from any public assistance program. Lastly number three says they can not discriminate against you because the applicant in good faith exercise any right under this chapter chapter 41. Chapter 41 covers the FDCPA the truth and lending the FCRA and in short demanding the deletion of this account. 



I've a copy of my credit report and realize that my consumer report has things that should not be there. I demand the below account be deleted from my consumer report immediately. ( VIN number ) ( XXXX XXXX XXXX  ) These accounts are if it's one or if it's more than one is of violation of 15 USC 1681 and the fair credit report a to b. The Exclusion section says this right except as provided in paragraph three the term consumer report does not include keyword is " does not include '' mean it's not a part of it when we go to the definition of what a consumer report is it's going to give us the definition of what a consumer report is so going off of that definition right now we can say that certain things don't apply or certain things don't belong on your consumer so let me explain under truth in lending 15 USC 1602L credit card is defined as the following the term credit card means any card, plate, coupon book or other credit device existing for the purpose of obtaining money property labor or services on credit so for those of you who don't know your driver 's license is a credit card for those of you who don't know your social security card is a credit card based on truth in lending definition because it is a card that is used to get money, labor, or services on credit so by definition your social and your IDs are both credit cards now what the law says is any authorization or approval of a specific extension of credit directly or indirectly by the issuer of a credit card or some advice so now you know that your social is a credit card you know that your driver 's license is a credit card so these two definitions fit the exclusion under 15 USC 1681 it fits the category of an authorization or approval of a specific extension of credit directly or indirectly by the issue of credit card so that's what that is the auto loan that you got it is a approval or an authorization of a specific extension of credit that you use your credit card I.E your social or your driver 's license and are both. So now that you're aware of what the credit card is and what this law is saying is that we're not saying the term credit card means any card it never specified and say what type of card it didn't say a XXXX card it didn't say a XXXX card it says any card that's what it said it said any card right so now that we noticed the term credit card means any card, plate, coupon book or other device existing for the purpose of obtaining money property labor or services on credit.

Company response to consumer: Closed with explanation