GM Financial Consumer Loan Complaint

Vehicle lease Managing the loan or lease

GM Financial Consumer Loan department,

Vehicle lease Managing the loan or lease North Carolina

I am a - veteran who has never been in trouble with the law, always did the right thing, always paid my bills on time so why am I being treated this badly with no recourse by GM Financial? A year ago, I leased a GM Encore for my wife whom is a -. After the first year we decided to get a - - van ; because we needed to use her - ; and the little car was not helping with that ; so we traded the leased vehicle in. - - of - bent over backwards to make this happen. On -/-/- they purchased my - - outright and sold me the - -. The Encore was payed off that day. My payoff was good until -/-/-. On -/-/- my car payment was taken out of my bank account anyway. I had Auto draft. I immediately contacted GM Financial and was told that they did receive the payoff, but they did not know whom to title the car to and that they needed a mileage statement to complete the transaction. I passed this onto - -. On -/-/- I again contacted GM and was told that on


called them again and after going through all the verification that I am whom I say I am ( this included my phone #, address, etc, I was told that they did mail it out but to - - - not - - -, which is where I have lived since my - from the military -/-/-. The owners of - - - stated that they did not receive any mail for me. So I asked - ( GM Representative ) if the check had been cashed and he stated that it had not been cashed. He then stated and I quote " We will OVERNIGHT you a new check, void the old check, and you should have your money in 3 to 5 days ''. Needless to say it is -/-/- and I still have not received anything. I have not received a pay raise in 8 years and am struggling trying to make ends meet. My wife and I are raising our Granddaughter as our own plus my own adult daughter has moved back home. I just need some help. Had I been late one day with my car payment, I would have had to pay a late charge, but God knows how much interest they have made using my money and the countless other people they are doing this to. Is there no justice left?

GM Financial customer in North Carolina
Apr 15, 2016

* Source: CFPB Complaint Database

GM Financial response to complaint:
Closed with monetary relief

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