Fifth Third Bank Consumer Loan Complaint

Vehicle loan Managing the loan or lease

Fifth Third Bank Consumer loan department,

Vehicle loan Managing the loan or lease Indiana

I had a car loan at FifthThird bank in - Indiana. I sold the car myself, took cash to the bank and paid off the loan. FifthThird then told me that it is their policy to make the car Title available within - days to - weeks after the loan is paid. This nearly caused the buyer to back out of the sale. I contacted numerous people at their headquarters and was told basically the same thing every time. No. No matter what the circumstance, even with confirmation of the loan pay-off from their branch manager and their computer system, they would not simply pull the title from their files, sign off on the lien and put it in the mail to me within a day or two. Their policy and actions are completely unnecessary and uncalled for. Consumer beware.

Fifth Third Bank customer in Indiana
Jun 25, 2015

* Source: CFPB Complaint Database

Fifth Third Bank response to complaint:
Closed with explanation

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