Please contact Credit Acceptance at 1-800-634-1506 for further information if you are not able to get a quote online.
Can Credit Acceptance take you to court?
If it does not get paid, Credit Acceptance sues the consumer, obtains a judgment that does further damage to the consumer’s credit, and then attempts to collects using methods that include wage or bank garnishments. NEVER ignore a Credit Acceptance repossession lawsuit without talking to an attorney.
What does Credit Acceptance Corp do?
Founded in 1972, Credit Acceptance is an indirect auto finance company, working with car dealers nationwide to enable them to sell cars to consumers on credit regardless of their credit history.
Is Credit Acceptance under investigation?
The deal with Credit Acceptance is one result of a yearslong investigation by Healey’s office into the auto lending industry, which remains ongoing.Sep 2, 2021
How many car payments can you missed before repo?
If you’ve missed a payment on your car loan, don’t panic — but do act fast. Two or three consecutive missed payments can lead to repossession, which damages your credit score. And some lenders have adopted technology to remotely disable cars after even one missed payment.
Is Credit Acceptance a collection agency?
Credit Acceptance is a debt collection office located in Southfield, Michigan. It opened for business in 1972, has 100 to 249 employees, and is managed by its CEO, Brett A. Roberts.
Can I trade in my car with Credit Acceptance?
You can sell or trade in your vehicle at any time. You’re free to drive as many miles as you like.