Credit Acceptance Corporation Auto Loan Reviews

Credit Acceptance Corporation Auto Loan Reviews
1.6 out of 5 stars
7 Review

From Borrowers in the last year

ADDITIONAL RATINGS YOU MIGHT FIND HELPFUL

Application Process

2.5 out of 5 stars

Customer Service

2 out of 5 stars

1.5 5

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5 star reviews (1) See All

These reviews were written by current and former borrowers in the last year.

Dec 28, 2019
No problems
hayners334 Borrower

I have had zero issues with Credit Acceptance- then again I have automatic payments set up, and I have never been late with or missed a payment. Was almost late once due me depositing the payment money into a different bank account, so when they tried to take the payment it was rejected. I caught it when I checked my account and saw the payment had not come out yet, called them, and they were very helpful and friendly, we figured out the issue, and I made a manual payment. I have never received any calls from them, so those that are, I'm assuming have made payments late or missed payments. If you pay on time every month as you should, you have no problems. Sure, the interest rate can be high, but that's the price you pay for having bad credit, the company is taking a bigger risk in lending the money...

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