Checking or savings account -- Managing an account -- Complaint #5263021

Complaint Overview

Complaint ID: 5263021

Company: Ally Financial INC.

Product: Checking or savings account

Sub-Product: CD (Certificate of Deposit)

Issue: Managing an account

Sub-Issue: Banking errors

State: California

ZIP Code: 92705

Date Received: 2022-02-25T12:00:00-05:00

Date Sent to Company: 2022-02-25T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Tags: Older American, Servicemember

Consumer Narrative

I called ally Bank to let them know that the 1099 INT for XXXX was not correct. They did not agree. I told them that if you add up the interest for the Year XXXX it did not add up to {$2100.00}. This is the amount added to the account when the CD matured not what was earned in XXXX. They opened a case in the beginning of XX/XX/XXXX on XX/XX/XXXX Ally Bank said the 1099 was correct and they closed the case.

Frequently Asked Questions

What is Complaint #5263021 about?

Complaint #5263021 was filed against Ally Financial INC. regarding Checking or savings account specifically about Managing an account. It was received by the CFPB on 2022-02-25T12:00:00-05:00.

How did Ally Financial INC. 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 (Checking or savings account) and describe your issue in detail.

Can I see other complaints against Ally Financial INC.?

Yes, visit the Ally Financial INC. company profile at readthecomplaint.com/company/ally-financial-inc 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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