Credit Acceptance Corporation Complaint

Submitted by: Anonymous | Post a complaint | Back to Complaints Forum

My car was voluntarily repossessed. I receive a letter that i can settle less than what i own on the car yet my understanding was tjat gap paid 16,000 and the remaining is 9000.yet i was told that the car eas going be auction off .yet it was told to me it eas for 16,000 but the letter stated 16,000 was paid by gap so now i m told that i own 9000 but can settle 60 percent of that or give thrm 250 by may 1 and then make payment 175.00 or i will be turn pver to Collection. Also letter staye that i have 23 days to make 60 per ent of the 9000.00 .i eant to go to court because i m still in court about this car because someone vaniize the car and i fpr one did the car really get auction off

What would you like the company to do to fix the problem? (optional)
I want to only own them 2500.00 settlement because that car was vandalize

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