Credit Acceptance - Never reported to to credit agencies
New Reviewer
5 comments
We used Credit acceptance to buy a car. We were told they report to all of the credit agencies.We paid every payment on time, and and paid the car off 4 months early.
We just bought a new car, and found out that they never reported it to the Credit agencies. This was supposed to boost our credit. All our credit report showed was that we took the loan a few years ago, and had a debt. They never reported that we paid on time every payment and paid it off early.
So if you are doing this to build up your credit it won't.
They only report if you are late. So mad!!!!!!!!!!!!!
Location: Scranton, Pennsylvania
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I just paid off my car a year and a half early....I took a look at my credit report a few months ago and they put a false LATE PAYMENT charge on there. Every payment has been on time and auto drafted.
I even had a few customer service reps comment on my golden payment history.
I am so mad. It was supposed to BOOST my credit.
Ive been with them for 8 months and my report doesnt show anything from them
If you "paid on time every payment and paid it off early" how do you know they only report when you are late? You said you paid never paid late....
Same here. I paid two cars off two years ago and it boosted my credit. I hate people lying.
I find that strange because I'm financing a car through them now but it shows on my credit report that I made on time payments.