JPMorgan Chase & Co. Bank Account Or Service Complaint

Checking account Making/receiving payments, sending money

JPMorgan Chase & Co. Bank account or service department,

Checking account Making/receiving payments, sending money Indiana

On the morning of -/-/15 I woke up, went downstairs to get something out of my car and it was gone. In a panic I called my Auto loan leasing company. They informed me that my car had been repossessed. I had set up automatic payments, so I was confused as to why they took my car. After some back and forth with the Auto loan company it came out that my monthly payments were being stopped and returned by my bank. As a result many months of payments that SHOULD have been payed were returned, and my car was repossessed. I now owe appox. $2500.00 ( That I do NOT have ) of late payments and fees, in order to get my car back. I called my bank and was told that due to a stop payment I made on - payment back on -/-/2015 that ALL subsequent payments were being rejected. When I asked them why, they said it was policy. I told them thats NOT what I wanted, nor was it what I requested when I asked for that - payment to be stopped or when I was charged the $30.00 fee to stop it. Then the VERY RUDE manager " - '' that I spoke to basically told me tough luck, that its not their problem and an I 'm - for not noticing sooner. He also told old me that I should have called them to Unstop the stopped payment. I asked him repeatedly why they would have a policy like that. He was unable to give me answer. Now I have to pay for a rental car, while i try to figure out how on earth I 'm going to come up with $2500.00 of money I really really do n't have to get my car back or it will be sold at auction, and I will have nothing. I also now have a repossession on my credit report.

JPMorgan Chase & Co. customer in Indiana
Jun 02, 2016

* Source: CFPB Complaint Database

JPMorgan Chase & Co. response to complaint:
Closed with explanation

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