Vehicle loan or lease -- Struggling to pay your loan -- Complaint #6271563

Complaint Overview

Complaint ID: 6271563

Company: Toyota Motor Credit Corporation

Product: Vehicle loan or lease

Sub-Product: Loan

Issue: Struggling to pay your loan

Sub-Issue: Lender trying to repossess or disable the vehicle

State: Pennsylvania

ZIP Code: 152XX

Date Received: 2022-12-02T12:00:00-05:00

Date Sent to Company: 2022-12-02T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Tags: Servicemember

Consumer Narrative

Loan via Toyota financial was closed and sold to XXXX XXXX XXXX XXXX XXXX letter sent in XX/XX/2022 XXXX due to accident of nature XXXX car gone contacted XXXX advised loan closed sold to XXXX XXXX contact XXXX XXXX did spoke with XXXX was advised did not repo did not have authority but call back Monday see if police can advise of repo police could not again called XXXX Monday XXXX advised call XXXX XXXX XXXX XXXX said XXXX we can not repossess we are a debt collector XXXX Toyotas contacted again deferred to XXXX XXXX XXXX to another toyota department again no idea where car is loan closed XXXX Tortola lm XXXX Toyota lm they did repo letter was written to advise XXXX although taken XXXX and toyota no XXXX XXXX owns loan that is under XXXX they sold the debit repo car wont give where property is

Frequently Asked Questions

What is Complaint #6271563 about?

Complaint #6271563 was filed against Toyota Motor Credit Corporation regarding Vehicle loan or lease specifically about Struggling to pay your loan. It was received by the CFPB on 2022-12-02T12:00:00-05:00.

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 (Vehicle loan or lease) 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.

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