Bank of the West Consumer loan department,
Vehicle loan Managing the loan or lease Missouri
The Bank of the West has the loan for my - Dodge Challenger Rt. I sold it to a buyer from -. The buyer sent a cashiers check to this bank in the amount of $22000.00. I owed approx. - so the bank was to issue me a check for the difference. I called them to tell them the check would be coming and that I would not release the car until I received my part of the money. - ( Manager ) stated that when I called the automated system and it stated the loan status as - it would be ok to release the car to the buyer. On - - I called the system and my loan had a - balance. On - -, 2015 I let the buyer have a tow company pick up the car, thinking I would be receiving my money soon. On - -, 2015 I had not received my check so I called The Bank of the West only to find out the cashier 's check they received was fraudulent as of - -, 2015. They did not notified me by phone or mail that my loan was still going to be
my car was stolen by deceit. I was trusting them to protect me. On - -, 2015 - ( Manager ) called me and admitted that he told me it was ok to release the car when the automated system showed - due and that he was sorry. He said he told me that as a courtesy. All these calls to The Bank of The West are recorded and I sent them the date and times of these conversations so they could review them, so they do have them on file. I hope you can help me in some way. Thank you, - - -
Bank of the West customer in Missouri
Jun 15, 2015
* Source: CFPB Complaint Database
Bank of the West response to complaint:
Closed with explanation
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