M&T Bank Vehicle Loan Complaints

Review and analysis of over 77 Vehicle Loan complaints against M&T Bank

M&T Bank consumers have reported over 77 official complaints related to Vehicle loan. Out of the 77 consumer complaints against M&T Bank, 22% were disputed by the consumer (i.e. the consumer was not happy with how M&T Bank responded to their complaint) and 99% were processed in a timely manner. 5% of consumer complaints against M&T Bank resulted in the consumer receiving monetary compensation (e.g. money, cash reimbursement, etc.) and 5% resulted in non-monetary compensation.

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New Vehicle Loan Consumer Complaints


M&T Bank Consumer Loan managing the loan or lease managing the loan or lease

December 2, 2015 - -/-/- I took out an auto loan with regular payments being made on time. As of -/-/- I missed a few payments due to changes in my work hours. -/-/- M & T Bank granted me an extension on my auto loan which took my two months that I was late and pushed them to the end of my contract agreement. Which in most if not all cases - out those months and - out any late fees that may have been calculated for those months. Well in my case they did not do that the company just added those fees to my next months bill. -/-/- through to -/-/- over $1000.00 to get everything cau...

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M&T Bank Consumer Loan managing the loan or lease managing the loan or lease

December 1, 2015 - I wanted to pay off my - loan so I contacted M & T Bank customer service email and they replied back saying it had to be paid by certified funds in order for the - hold of lien release to happen so I paid with a certified check from Alabama - - - ( - - - ) in - Alabama. and now the Bank M & T which in email stated nothing about a credit union certified check is n't accepted as a certified check but normal check and thus have to wait 10 days in order for the Lien to be released off Title. The email which I have and send states only that a certified funds and that I di...

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M&T Bank Consumer loan managing the loan or lease

September 17, 2015 - Recently I learned of a problem with our - 2015 car payment. The loan is serviced through M & T bank out of - NY. The problem they say is that I did not make it. Normally I make the payment in my local branch and call it in. For -/-/- I went in and took care of the payment at my local branch office Normally I go to the branch and have them take the payment from my checking. In -/-/- I made my payment over the phone still unaware that there was a problem with - 2015 payment with a live person. Shortly after making my - payment my spouse told me she received a message from ...

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M&T Bank Consumer loan managing the loan or lease

July 10, 2015 - Vehicle Loan ComplaintOn the -/-/-, I made a payment on my loan in the sum of $340.00. Then from -/-/- to -/-/- I made subsequent monthly payments of $350.00 without any trouble ( or so I thought ) until I got a letter from M & T bank stating that As of the date of this letter, we have not received the payment on your account. '' That I owed the bank $280.00. The bank has also charged me a late fee of $14.00. I could not believe what I was reading. I always make sure I pay my car note before the due date and I always make payments at the branch so what was the matter? I...

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M&T Bank Consumer loan shopping for a loan or lease

June 22, 2015 - I purchased a -/-/- Acura TL on -/-/- at - -, NJ. The dealership stated that the bank charged me $1500.00 in acquisition fees to get approved. The vehicle had some problems but I never drove the vehicle off the lot. The dealership made - attempts to repair the vehicle and I told them I just wanted to cancel the deal. The owner of the dealership told me if I called the bank he was going to keep my money & the car. I called the bank on -/-/- to cancel the deal of a vehicle I never took possession of and they told me that they could n't do anything on their end because t...

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M&T Bank Consumer loan managing the loan or lease

June 5, 2015 - I acquired a vehicle loan in -/-/- through - car sales with M & T bank. Even though my interest was sort of high I wanted to have a chance to establish a better credit history than I had at the current time. My loan was for $ --7.29 % interest. I started making my payments on time the - few months. My payments were due on the - of the month around - I was making payments later than the due date but I called every time to talk to a representative and asked what my payment was and if I owed any late fees. I was told that my payment is $530.00 which is my monthly payment ...

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M&T Bank Consumer loan managing the loan or lease

May 19, 2015 - paid off my vehicle -/-/- to M & T Bank and I still am unable to obtain my car title from the state of -. When I purchased this vehicle, I resided in - - but moved to - in - of -. When I paid my loan in full, I did not receive my title. I did provide a change of address when I moved to -. I called M & T and was only provided with a lien release letter but no title. M & T stated I needed to obtain the title myself. In - -, I received a notice from the - stating that there is an error with my title work. I contacted them via email and they advised me of the...

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M&T Bank Consumer loan managing the loan or lease

April 8, 2015 - When I purchased an automobile ( a - Mercedes-BEnz - ) I took out a loan with M & T Bank. When I received my vehicle title from the Maryland - - it reflected a lien. The loan was paid of in the beginning of -. I expected that I would receive a document thet reflected the termination of the lien. This reflects my experience with my other vehicle. After some time has lapsed, I called the general service number for M & T to inquire about this process ( on - -, - ). At that time, a service superviser identifying himself as - said there may have been a error on the bank '...

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M&T Bank Consumer loan managing the loan or lease

March 18, 2015 - Due to inconsistencies in the amount owed that I was told by M & T Bank and the amount that was reported to the credit reporting agencies, I was advised to write a good will letter in order to address the issue and request the negative entry be removed from my credit report all together. I had a vehicle that was stolen and it was declared a total loss by insurance company. The insurance company and the GAP insurancw companypaid the outstanding balance of the loan, but I was told by M & T Bank that there was still a balance due on the loan. In good faith, without having received any proof as to...

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