Vehicle loan or lease -- Getting a loan or lease -- Complaint #8056167
Complaint Overview
Complaint ID: 8056167
Company: General Motors Financial Company, INC.
Product: Vehicle loan or lease
Sub-Product: Loan
Issue: Getting a loan or lease
Sub-Issue: Credit denial
State: California
ZIP Code: 953XX
Date Received: 2023-12-25T12:00:00-05:00
Date Sent to Company: 2023-12-25T12:00:00-05:00
Company Response: Closed with explanation
Timely Response: Yes
Consumer Disputed: N/A
Submitted Via: Web
Consumer Narrative
On XX/XX/2023, I applied for an extention of credit for consumer credit transaction to purchase a vehicle from XXXX GMC in XXXX California, for personal, family, household use by the natural person. I was denied access to my own credit after submitting an application in good faith. This is discrimination. Regardless of the reason for denial, being denied my credit is in violation of the equal credit opportunity act, and XXXX finance protection act. Also I was informed that a down-payment of {$40000.00} would be a requirement. According to XXXX XXXX XXXX, finance charge is sum of all charges, and is not payable in an equal cash or any other form of currency. It is a credit transaction. They've also based they're decision on what they're opinion of credit worthiness is and not based on what XXXX defines credit worthiness as being. Again, This is discrimination. As defined by XXXX, XXXX, Federal Reserve XXXX, and Bill OF Exchange Act, the application is a security. Keeping my application where from witch I received no value in exchange is securities fraud and XXXX carry civil and or criminal liability subject to fines and imprisonment pursuant to consumer law. XXXX denied access to my extention of credit not only has left me in financial hardship, it has taken its toll on me emotionally and physically due to stress, worries, sleep deprivation and lack of apatite as a result. I am willing to take this matter to the XXXX XXXX if it can not be resolved. I am offering XXXX hrs allowing you opportunity to cure before I begin the administrative process.
Frequently Asked Questions
What is Complaint #8056167 about?
Complaint #8056167 was filed against General Motors Financial Company, INC. regarding Vehicle loan or lease specifically about Getting a loan or lease. It was received by the CFPB on 2023-12-25T12:00:00-05:00.
How did General Motors Financial Company, 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 General Motors Financial Company, INC.?
Yes, visit the General Motors Financial Company, INC. company profile at readthecomplaint.com/company/general-motors-financial-company-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.