Vehicle loan or lease -- Problems at the end of the loan or lease -- Complaint #5016215

Complaint Overview

Complaint ID: 5016215

Company: Beacon Funding Corporation

Product: Vehicle loan or lease

Sub-Product: Lease

Issue: Problems at the end of the loan or lease

Sub-Issue: Termination fees or other problem when ending the lease early

State: New Jersey

ZIP Code: 08085

Date Received: 2021-12-16T12:00:00-05:00

Date Sent to Company: 2021-12-16T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

On XX/XX/XXXX I wired the financial company one hundred and twenty three thousand to buy my trucks that was the amount that they asked for. I had a security deposit that was supposed to be returned after the loan was paid off I payed off loan 31 months in advance

Frequently Asked Questions

What is Complaint #5016215 about?

Complaint #5016215 was filed against Beacon Funding Corporation regarding Vehicle loan or lease specifically about Problems at the end of the loan or lease. It was received by the CFPB on 2021-12-16T12:00:00-05:00.

How did Beacon Funding 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 (Vehicle loan or lease) and describe your issue in detail.

Can I see other complaints against Beacon Funding Corporation?

Yes, visit the Beacon Funding Corporation company profile at readthecomplaint.com/company/beacon-funding-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.

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