American Honda Finance Corporation Consumer Loan Complaint

Vehicle lease Shopping for a loan or lease

American Honda Finance Corporation Consumer Loan department,

Vehicle lease Shopping for a loan or lease Arizona

We received a letter from Honda that said they would waive up to 3 remaining lease payments if we lease a new Honda. In - 2016, my daughter and I went to the Honda dealership and worked through finding an AWD CRV to lease, which took time. The dealership was able to get a AWD CRV -/-/2016 and we leased the new vehicle. So, we returned the leased vehicle ( Civic ) to the dealership with my letter ( attached ) on the same day we leased the new vehicle. Everything went well with the return except they did not honor the waiver of the last 3 payments, Honda only waived two payments. When I called they said it was because the - 2016 payment was delinquent ; however, this is the time we were working with the dealership to get a new leased vehicle and the letter does not reflect this would be a concern and I would have never let it go 30 days as my payments are due on the - of the month. I believe the letter is deceptive because it does not mention about delinquency despite the fact that I was working with the dealership to get a new leased vehicle and I have always been current on my account and been a loyal and long Honda customer. The Honda Finance representative said she could do nothing to help me. So I had no choice but to pay the last payment and dispute this deceptive and frustrating situation. I also confirmed at the dealership with Honda Finance that my account was not delinquent and received a confirmation letter from Honda Finance ( see attached ), so none of my payments on this account has ever been late.

American Honda Finance Corporation customer in Arizona
Apr 30, 2016

* Source: CFPB Complaint Database

American Honda Finance Corporation response to complaint:
Closed with monetary relief

Consumer disputes how American Honda Finance Corporation handled their complaint

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