Toyota Motor Credit Corporation Consumer Loan Complaint

Vehicle lease Problems when you are unable to pay

Toyota Motor Credit Corporation Consumer loan department,

Vehicle lease Problems when you are unable to pay Pennsylvania

My vehicle was repossessed in - of -/-/- due to alleged default. I had lost my job in - of -/-/- and had called Toyota Financial Services to advise them that I would be late on my payments. They said that a late fee would be assessed and that - I missed 3 months of payments my car would be filed for repossession. I had missed my payments in -, - and - but had paid in -. I called Toyota in - and explained that I would be able to continue payments as I was re-hired by my previous employer. I knew that I was already 3 months behind but the agent told me that it would be fine to continue paying as long as I caught up by - -. I called them again on - - and advised that I would be paying ALL of my past due balance within the week and that I may not be able to pay by - -. The agent told me that they would notate the account so that I would be given a chance to get the payments in. I went to log into my account on the -


redemption department '' but he said there was nothing stated on the account that I had ever called and spoken to somebody. He said the only notes reflected that they had called me repeatedly but that I never answered. Admittedly, a number called me multiple times per day everyday. Whenever I answered, it was dead air so I hung up. I do n't have time to sit on the phone for 5 minutes waiting for somebody to answer the phone when they are the - who called me -. Either way, - times I spoke to the agents in the Financial Department, I was assured that I could get my payments in and I was never once told that my account was up for repossession. I received letters from Toyota in the mail but I did n't think to open them as I had already spoken with them on the phone and thought everything was in order. I understand that I am held to a standard to ensure I pay my due balances. However, as I stated above, I talked to their Financial Department multiple times and was told that they would accept my payments. When I went to make the payments, even before the date they told me they would accept it until, I was unable to and came to find out they repossessed my car anyways. *I am submitting this on my boyfriends laptop. All of my account paperwork and information is at my apartment on another computer.

Toyota Motor Credit Corporation customer in Pennsylvania
Apr 05, 2015

* Source: CFPB Complaint Database

Toyota Motor Credit Corporation response to complaint:
Closed with explanation

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