Mortgage -- Trouble during payment process -- Complaint #5541625

Complaint Overview

Complaint ID: 5541625

Company: TD Bank US Holding Company

Product: Mortgage

Sub-Product: Conventional home mortgage

Issue: Trouble during payment process

State: District of Columbia

ZIP Code: 20001

Date Received: 2022-05-04T12:00:00-05:00

Date Sent to Company: 2022-05-04T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Tags: Servicemember

Consumer Narrative

I have my mortgage payments paid automatically through my checking account. In XX/XX/XXXX, TD changed the monthly payment amount, and when my payment was made in XXXX, the automatic payment was off by XXXX dollars from their increase. When I received a call from TD about this, I made the adjustment, I was charged XXXX fees for the XXXX dollars variance that was clearly an accident. I was told be the agent over the phone that it would be refunded, that I had a very healthy account and there are never issues. In fact, I regularly overpay the mortgage rather than underpay. We also discussed having TD do the automatic withdrawal rather than me setting up the auto-pay. When I followed up with the branch having not see the late fee drop, I was told the request was denied because I had a late fee refunded for a very similar issue back in XXXX. I do not remember this happening then, but if TD says it happened, it happened. I won't argue with that, however if the delta was XXXX, which mean I paid 99 % of the balance, and I am fined XXXX on something accidental, this is quite absurd and lack common sense.

Frequently Asked Questions

What is Complaint #5541625 about?

Complaint #5541625 was filed against TD Bank US Holding Company regarding Mortgage specifically about Trouble during payment process. It was received by the CFPB on 2022-05-04T12:00:00-05:00.

How did TD Bank US Holding Company 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 (Mortgage) and describe your issue in detail.

Can I see other complaints against TD Bank US Holding Company?

Yes, visit the TD Bank US Holding Company company profile at readthecomplaint.com/company/td-bank-us-holding-company 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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