Why We’re Here
So you have complaint against Credit Acceptance Corp. A major issue. And Credit Acceptance Corp customer service hasn’t solved your complaint.
Maybe you want compensation for overcharges, fraudulent sales tactics, collections issues, or impact to your credit. Maybe you just want Credit Acceptance Corp to admit they’re in the wrong and give you fair treatment. Either way, you’re looking to take action on your Credit Acceptance Corp complaint.
So, the question is: how can you make Credit Acceptance Corp hear your complaint? Can you sue Credit Acceptance Corp? What sort of compensation do customers get from Credit Acceptance Corp their complaints?
The first thing to know, is that your Credit Acceptance Corp contract probably limits your options for legal complaints against Credit Acceptance Corp. You generally have two options:
Take your Credit Acceptance Corp complaint to Small Claims Court, or
Take your Credit Acceptance Corp complaint to Consumer Arbitration
We at Radvocate can help you file a claim against companies like Credit Acceptance Corp. We’ll take your complaint through the legal process of consumer arbitration. This usually gets them to negotiate. (For a list of companies we process complaints against, start here.)
Here’s some information from the American Arbitration Association (AAA) on how recent complaints against Credit Acceptance Corp have been resolved:
Now for the numbers…
In 2018, 28 complaints against Credit Acceptance Corp were resolved through the arbitration system.
Among these complaints, 20 complaints resulted in a settlement – that's 71% of complaints.
Although settlement amounts are secret, the average complaint against Credit Acceptance Corp asked for $17176 in compensation.
At least 8 customers also received non-monetary relief for their Credit Acceptance Corp complaint as well.
Arbitration complaints against Credit Acceptance Corp took an average of over 8 months to resolve.
Complaints handled by Radvocate are often settled before arbitration, which can be much faster. (For a list of companies we process complaints against, start here.)
The arbitration complaint process against Credit Acceptance Corp costs money, but the company is usually responsible for costs. Credit Acceptance Corp paid $1008 in fees per complaint on average.
Meanwhile, 100% of consumers paid nothing in arbitration fees for their complaint against Credit Acceptance Corp through the American Arbitration Association.
We want to hear from you:
Claim data is from the American Arbitration Association’s 2018 Q4 Report, which can be found here