Credit Acceptance

My Name is J. Matt Phillips and during a divorce last year had no access to my financial assets for a period of time. Due to not using credit much over the last decade and a couple of foul reports that are slowly being corrected and cleared up on my credit report; I had to finance a car. I only had 6k available at the time and renting long term would not have been a viable option. I purchased at an insane interest rate over 20% knowing it would be temporary. I made all payments on time and mid December paid off the balance of the vehicle. The check for over 13 thousand cleared quickly. I called a few days ago and was nonchalantly told it would be some time after the 16th of January for updates to credit reporting system or to receive title. This is not the due diligence expected after sending a check for the balance of the car. I have reached out to others versed in law and I am now aware this is by the finance company. The debt has been paid and the title is to be released.

For the last two years credit acceptance has been reporting inaccurate to the credit bureaus. Which has affected my credit. I did get it off my credit but credit acceptance recently had it put back on my credit with all the wrong information with Equifax. I get bills with two different amounts. The car was repo and I went and got it the next day and complained the the repo company smoked in it and I don’t smoke in it because I have a transplant kid. They told me they would back up the payments to the end of the loan they didn’t do that they put it on my credit as late payment even though I pay my payments on or before the due date threw there system I was told by soccora. That those payments are still late based on when they post on my bank account. I lost a house that was in escrow because of there fraudulent reporting and certifying it as accurate when I asked credit acceptance to supply me with a copy of what they were supplying to the credit bureaus based on my account I was told no I couldn’t have any thing When I told credit acceptance that the ledger of all my payments didn’t match what they reported to Equifax they didn’t care. I did ask if I pay off the car would they give me a notice to delete no was the answer. recording of conversation with credit acceptance representative will not load but can supply when needed and asked for.