Vehicle loan or lease -- Repossession -- Complaint #7800599

Complaint Overview

Complaint ID: 7800599

Company: North Shore Equities, INC.

Product: Vehicle loan or lease

Sub-Product: Loan

Issue: Repossession

Sub-Issue: Deficiency balance after repossession

State: New York

ZIP Code: 117XX

Date Received: 2023-11-03T12:00:00-05:00

Date Sent to Company: 2023-11-09T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

My vehicle was repossessed by XXXXXXXX XXXX XXXX and i was sent a letter saying the car was sold for {$1500.00} with a $ XXXX {$11000.00} deficiency balance.. As of today the car is relisted on their website for saleXXXX XXXX XXXX XXXX XXXX Above is the link to the car i had that was repossessed. XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXXXXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX Above is my registration info for the car. Is it legal for them to try and receive a deficiency balance when they legally didn't sell it for {$1500.00}.

Frequently Asked Questions

What is Complaint #7800599 about?

Complaint #7800599 was filed against North Shore Equities, INC. regarding Vehicle loan or lease specifically about Repossession. It was received by the CFPB on 2023-11-03T12:00:00-05:00.

How did North Shore Equities, 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 (Vehicle loan or lease) and describe your issue in detail.

Can I see other complaints against North Shore Equities, INC.?

Yes, visit the North Shore Equities, INC. company profile at readthecomplaint.com/company/north-shore-equities-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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