Debt collection -- Written notification about debt -- Complaint #4509221
Complaint Overview
Complaint ID: 4509221
Company: Toyota Motor Credit Corporation
Product: Debt collection
Sub-Product: Auto debt
Issue: Written notification about debt
Sub-Issue: Didn't receive notice of right to dispute
State: North Carolina
ZIP Code: 282XX
Date Received: 2021-07-01T12:00:00-05:00
Date Sent to Company: 2021-07-01T12:00:00-05:00
Company Response: Closed with explanation
Timely Response: Yes
Consumer Disputed: N/A
Submitted Via: Web
Consumer Narrative
When my vehicle was repossessed I was not notified that I had a right to dispute. Since that time the debt has been sold to another collector, but Toyota Motor Credit is still reporting on my credit report and updating it. This is after calling and trying to get information, but what was told to call somewhere else because they are no longer servicing the account and that the debt has been sold. At one shortly after the repossession I called to set up payment arrangements. They would not accept my attempt to set up an arrangement at all. They kept telling that the account was in " limbo '' and would not allow a payment arrangement to be set up. As a result of this I lost a job opportunity because of this debt 's inaccurate reporting on my credit XX/XX/2019 ). I have also previously filled a XXXX complaint ( # XXXX ) There is also inaccurate payment history reporting to both XXXX and XXXX credit bureaus. The account still reports as if it is open, but is also listed as a charge off.
Frequently Asked Questions
What is Complaint #4509221 about?
Complaint #4509221 was filed against Toyota Motor Credit Corporation regarding Debt collection specifically about Written notification about debt. It was received by the CFPB on 2021-07-01T12:00:00-05:00.
How did Toyota Motor Credit Corporation respond to this complaint?
The company responded with: "Closed with explanation". The response was timely.
What is the risk level of this complaint?
See the risk assessment section for details on this complaint's risk profile.
How do I file a similar complaint?
You can file a complaint with the CFPB at consumerfinance.gov/complaint. Select the appropriate product category (Debt collection) and describe your issue in detail.
Can I see other complaints against Toyota Motor Credit Corporation?
Yes, visit the Toyota Motor Credit Corporation company profile at readthecomplaint.com/company/toyota-motor-credit-corporation to see all complaints, risk scores, and analysis.
Disclaimer
This analysis is AI-generated based on publicly available CFPB complaint data. It does not constitute financial or legal advice.