What is Flagship on my credit report?

Flagship reports monthly in the first week following the end of the month. Flagship reports the loan as a repossession, which is considered negative.

How long does it take for Flagship to repo a car?

How long does Flagship Credit Acceptance take to repossess my car? Repossession law varies slightly from state to state and range from 3 to 5 months after you stopped making payments on your Flagship Credit Acceptance loan.

What credit score does flagship credit use?

Flagship’s programs are designed to serve customers who have limited access to automobile financing through traditional lending sources. Many of our customers have experienced prior credit difficulties or have limited credit histories and generally have FICO scores ranging from 500 to 675.

Does flagship credit to refinance?

Can I refinance my current automobile contract with Flagship Credit Acceptance? We do not offer refinancing on our existing loans. For more information, please call us at 1-800-900-5150.

Does flagship credit let you skip a payment?

Can I skip a payment? No – in accordance with your contract, payments are due monthly, on or before the scheduled due date. If you are facing a hardship and cannot make your monthly payment on time, please call us at 1-800-900-5150.

How can I get out of a car loan with Credit Acceptance?

Thankfully, you have a few options at your disposal. Your first choice is highly dependant on your outstanding loan balance, but you can consider selling your current car and use the money to pay off the remaining balance. Then you can go out and finance another car–ideally at a much lower interest rate than before!

Will Credit Acceptance give me another loan?

Credit Acceptance Corp. doesn’t offer refinance loans. It only offers new- and used-car loans through its network of dealerships across the country. But it may be possible to refinance your existing Credit Acceptance Corp.