Consumer complaint received 2025-08-13 00:00:00
Product: Vehicle loan or lease — Loan
Issue: Managing the loan or lease — Loan sold or transferred to another company
Company: CREDIT ACCEPTANCE CORPORATION
State: IN

Complaint narrative:
EQUITY DISPUTE & REDEMPTION CLAIM Submitted to : Consumer Financial Protection Bureau ( CFPB ) Claimant : XXXX XXXX XXXX XXXX XXXX By : XXXX XXXX, Trustee ( XXXX  ) Facts in Equity : 1. On or about XX/XX/year>, the XXXX XXXX XXXX XXXX XXXX tendered a {$21.00} money order as a special deposit & XXXX receivables tendered to Credit Acceptance Corporation in connection with an alleged auto loan obligation, accompanied by a Trust Asset Deposit Notice, Bill of Sale into Trust, and Trust Certificate recorded in the county land records. Said tender constituted a lawful demand for full discharge and settlement in equity. 
2. Credit Acceptance has refused to retitle the account into the name of the trust despite proper notice and recorded trust documentation being provided, thereby interfering with the trusts possession, control, and enjoyment of both tangible and intangible trust property. Depriving me from my rights.

3. Upon receipt, Credit Acceptance accepted and processed the special deposit, thereby creating a binding accord and satisfaction under the principles of equity. 
XXXX. A XXXX XXXX Report shows {$0.00} lien amount, {$0.00} loan amount, lien start date of XX/XX/year>, and no lien end date strongly suggesting that the account has already been settled, extinguished, and securitized, likely transferred into the Credit Acceptance Auto Loan Trust or similar securitization structure. This constitutes monetization of the obligation without equitable setoff to the trusts account.

5. Credit Acceptance must now produce documentary proof that the loan has not been sold, transferred, or pledged as collateral, as such acts would be an unlawful commingling of trust property into third-party assets without the trustees consent. 
XXXX. The damages sustained by the XXXX XXXX  XXXX XXXX XXXX inclusive of deprivation of property rights, reputational harm, and equitable interference, amount to {$56000.00}. 



Maxims of Equity Applied : Equity regards as done that which ought to be done the acceptance of the special deposit obligated full discharge of the alleged debt.

Equity will not suffer a wrong without a remedy the ongoing adverse actions require equitable relief and restitution.

He who comes into equity must come with clean hands Credit Acceptance acted with unclean hands by refusing to retitle trust property while profiting from securitization.

Equity acts in personam this dispute seeks specific performance and remedy against the party in breach. 



Relief Sought : 1. Immediate retitling of the account into the XXXX XXXX XXXX XXXX XXXX, as per the Bill of Sale, Trust Asset Deposit, and recorded Trust Certificate previously provided.

2. Immediate release of lien and removal of all negative reporting associated with the account.

3. Full restitution in the amount of {$56000.00} to the XXXX XXXX XXXX XXXXXXXX XXXX. 
XXXX. Formal written acknowledgment that the account has been settled in full via the {$21.00} special deposit tendered in XX/XX/year>. 
XXXX. XXXX of all assignments, transfers, pledges, or securitization documents pertaining to this account, including but not limited to the Credit Acceptance Auto Loan Trust. 



Declaration : I, XXXX XXXX, Trustee of the XXXX XXXX XXXX XXXX XXXX, do solemnly affirm under the laws of equity and the jurisdiction of the XXXX XXXX, that the foregoing facts are true, correct, and complete to the best of my knowledge, and that all equitable rights, titles, and remedies are expressly reserved. 



Prepared by : XXXX XXXX, XXXX  XXXX XXXXXXXX XXXX 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