Review and analysis of over 256 Vehicle Loan complaints against Toyota Motor Credit Corporation
Toyota Motor Credit Corporation consumers have reported over 256 official complaints related to Vehicle loan. Out of the 256 consumer complaints against Toyota Motor Credit Corporation, 25% were disputed by the consumer (i.e. the consumer was not happy with how Toyota Motor Credit Corporation responded to their complaint) and 100% were processed in a timely manner. 5% of consumer complaints against Toyota Motor Credit Corporation resulted in the consumer receiving monetary compensation (e.g. money, cash reimbursement, etc.) and 10% resulted in non-monetary compensation.
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Toyota Motor Credit Corporation Consumer Loan managing the loan or lease June 8, 2016 - I made my payment on time for -/-/- and -/-/2016 with Toyota Motor Toyota reported to the - credit bureaus that I was 60 days late -/-/2016 and 30 days late -/-/2016. I called Toyota and they said that they see that I did make my payment on time both months and that it is an error. I disputed it and Toyota is stating that they are reporting it correctly. This error dropped my credit scores over - points now I am being denied credit everywhere... |
Toyota Motor Credit Corporation Consumer Loan taking out the loan or lease May 17, 2016 - Car - -/-/16 in which the other driver was at fault. Toyota Financial Services representatives ( more than - reps ) and also in writing ( several ) stated to the driver at fault 's insurance company, -, a payoff amount that was incorrect. The amount was incorrect by $500.00. Toyota Financial Services representative, - -, promised on -/-/16 to issue the $500.00 to my husband and I. - - does not return calls and when I can actually speak with him, he promises to call back to let me know the status and as of today I have still not received the $500.00. He ha... |
Toyota Motor Credit Corporation Consumer Loan managing the loan or lease May 13, 2016 - I financed the purchase of my Toyota Corolla - in - - through Toyota Financial Services. I paid off the loan at the end of - - and took delivery of the Certificate of Title from Toyota Financial Services on - -, -. I was however, shocked to read their attached letter which clearly stated that " We encourage you to re-title the vehicle immediately upon receipt of the title/lien release document since all records maintained by your state of residence will continue to reflect our lien on the vehicle until you do so. '' I called Toyota Financial Services to complain that th... |
Toyota Motor Credit Corporation Consumer Loan managing the loan or lease May 7, 2016 - My auto loan statement from Toyota Financial Services does not include the interest accrued to date. I believe that this information is supposed to be shown on my statement ( see attached ).... |
Toyota Motor Credit Corporation Consumer Loan managing the loan or lease May 5, 2016 - I experienced identity theft and notified - -, -, -, - and Toyota. They have reported to the credit reporting services that upon investigation, they had decided that I was in serious delinquency even though they knew about the identity theft. After notifying them of the theft, the thief was able to open a credit card at - - under my name and rack up additional debt. I immediately informed them that I did not open this card and had they looked at my account, they would 've been able to identify the continued identity theft. Instead, they took more than $6000.00 out of my ... |
Toyota Motor Credit Corporation Consumer Loan managing the loan or lease May 4, 2016 - BACKGROUND INFORMATION : I took over a 3-year lease on a - Toyota Corolla from my brother-in-law, who no longer needed the car due to his relocation for a PhD program. I agreed to carry out the remaining 10 months of the lease agreement. After paying Toyota the lease transfer fees, I noticed problems in my credit. My FICO credit score is good ( -- ) - this has remained generally constant. Nevertheless, I did notice irregularities in my credit report that are disconcerting to me. For instance, my place of employment lists his employer from - state ( I live in - ) and his date o... |
Toyota Motor Credit Corporation Consumer Loan taking out the loan or lease April 27, 2016 - I purchased a car with my daughter from Toyota of - on - -, 2016. Around a week after being approved i questioned the finance terms that were in our loan. The next thing i know they are trying to make me pay to be financed at a lower rate thru a different lender than i was already approved for. I declined the offer for several reasons but now 3 weeks later Toyota calls me saying that Toyota motor credit wont allow my original loan to be processed because I 've been offered a better deal. Fair lending laws wouldnt allow it so i had to sign the new contract. Even though we where not eve... |
Toyota Motor Credit Corporation Consumer Loan problems when you are unable to pay April 20, 2016 - I previously disputed a Toyota Motor Credit charge off account. The account was resolved/updated with the major credit bureaus. Yet Toyota Motor credit refuses to remove the dispute comments that they have placed on the comments/remarks section of the account with the bureaus. I have made multiple phone calls and sent letters stating I was no longer disputing the account and I did n't object to their findings. Only after the refusal of speaking with a supervisor, being hung up on and laughed at I have to file this complaint. ... |
Toyota Motor Credit Corporation Consumer Loan managing the loan or lease April 3, 2016 - I bought Lexus GS 350 car from a Lexus dealership in - MD in -/-/-. At the time of the purchase the dealership also sold me GAP insurance policy issued by Toyota Financial Services at a cost of around $700.00. This vehicle was involved in an accident on - -, - and as a result it was declared a total loss. -, the insurance company, paid $40000.00, a part of which was paid directly to - Bank to settle the outstanding loan against the vehicle. Between - - and - - I wrote - letters to " Toyota Financial Services - - -, - -, IA - '' to can... |
Toyota Motor Credit Corporation Consumer Loan managing the loan or lease April 3, 2016 - - is not showing my car loan. ... |
Toyota Motor Credit Corporation Consumer Loan taking out the loan or lease April 1, 2016 - I cosigned on a vehicle for my son. Originally the dealer put the loan in my name with my son as to co-buyer. After I discovered this I had the dealer redo the loan and put my son as the buyer and myself as the co-buyer. The dealership did not file the corrected loan paperwork with Toyota Finance. ... |
Toyota Motor Credit Corporation Consumer Loan managing the loan or lease March 29, 2016 - Reference Toyota Financial : Loan number - question is, I have been paying extra on my car loan since we purchase the car in - - - -. The question I have is my payment is - and my loan payment will be down to approximately - because I have been paying around - per month since about -4 months ago. I talk to Toyota financial today - -/-/- ) and ask them the question of where does the extra money over and above what they credit the amount for example in - they will credit - out of a payment of - and the answer is they carry that overpayment forward ... |
Toyota Motor Credit Corporation Consumer Loan managing the loan or lease March 17, 2016 - I filed a complaint on Toyota Motor for reporting inaccurate payment information on my credit and dropping my scores tremendously and defaming my character. They answered untruly and I am not able to log in to provide proof from my bank showing that I was not 30, 60, 90 or 120 days late on my payments nor did any of my checks get returned unpaid. Toyota removed 3 of the late payments but reported them as unknown. I made my payments and they need to report it. Please help me with this matter ... |
Toyota Motor Credit Corporation Consumer Loan problems when you are unable to pay March 10, 2016 - My - Prius was repossessed more than 6 weeks ago. I telephoned Toyota Financial Services ( TFS ) for guidance. I was told to wait for their letter. The letter came about a week later, and I read it. In accordance with that letter, I sent a check for the payoff amount ( $2500.00 ). The check was sent " return receipt requested. '' I received the return receipt indicating that on - -, a TFS employee ( " - ) in - -, Iowa signed for the check. Nothing happened. I telephoned TFS at a their phone bank in Arizona, as directed in the letter, and inquired repeatedly about my vehicl... |
Toyota Motor Credit Corporation Consumer Loan problems when you are unable to pay March 9, 2016 - From the onset the purchase with Toyota Financial Services, we were given bad service. We were invited to purchase a vehicle through their Bankruptcy Program for people who just filed. We were offered a a few vehicles that were not worth the amount money that they were asking for. We were also told that we were denied credit by all other lenders except for Toyota Financial Services, unfortunately, we received a few weeks later from - - stating that we were approved but we did not respond. So currently, after struggling with payments but attempting to pay them, I was finally able to pay i... |
Toyota Motor Credit Corporation Consumer Loan managing the loan or lease March 5, 2016 - My name is - -. I took auto loan with TOYOTA FINANCIAL SERVICES for a new TOYOTA RAV 4 from - Toyota, - -. and never missed a single payment and always paid little more. I was in an accident -/-/- and the car was a total loss. I already made payment for -/-/- payment. My auto insurance paid - -/-/- i.e. - % of the total loan value and I did file for GAP insurance claim on time for the remaining amount of - My GAP insurance paid off the remaining and amount and thus my complete loan was paid off date -/-/-. Today dated -/-/-, I checked my... |
Toyota Motor Credit Corporation Consumer Loan managing the loan or lease March 4, 2016 - I financed a vehicle through Toyota Financial. I was always on on time with my payments. I lost my job and had to file Bankruptcy. Toyota did n't take my payment. Before the Bankruptcy I tried to get a deferment but they said no. I got another job and decided to drop the Bankruptcy and pay my creditors. I have been making my payments every month with Toyota and paying on the past due month that I owed. Toyota is reporting me 30 days late every month when I am not 30 days late. I have bank Statements showing my payments every month ... |
Toyota Motor Credit Corporation Consumer Loan managing the loan or lease March 3, 2016 - I was financed by Toyota financial services [email protected] % interest my credit score at the time was - and so was my cosigner low - 's. the terms of the loan were for 60 months, I asked for a simple interest loan. I was told if I paid early my money would apply towards the principal balance, that did not happen, all my payments were applied mainly to interest and a very small portion to principal. During the course of my loan I did take - deferments with the understanding that they would be added to the end of my loan. So my maturity date would have been -/-/- but it ended -/-/-... |
Toyota Motor Credit Corporation Consumer Loan shopping for a loan or lease February 10, 2016 - I am - with an excellent credit and Toyota - had me pay a 1.9 % on my car loan. ... |
Toyota Motor Credit Corporation Consumer Loan taking out the loan or lease February 8, 2016 - I HAD AN - LE-US FINANCED THRU LE-US FINANCAL -. IT BURNED UP ON WAY HOME AND - PAID ALL BUT - OFF. I HAD PURCHASED A GAP POLICY FROM - TOYOA, WHEN I BOUGHT T IT WAS A U.W.C GAP POLICY OWNE D BY - - THAY REFUSED TO PAY CLAIM OR REFUNF MY MONEY FOR IT I PAID TO RESOLVE BALANCE. LE-US TOYOTA FINANCIAL IS RUINING MY CREDIT WITH LATE PAYMENTS AND COLLECTION ACTIVITYS ... |
Toyota Motor Credit Corporation Consumer Loan problems when you are unable to pay February 5, 2016 - Hi, I have submitted a complaint previously regarding my issues with Toyota Financial. I was paying a - car payment on a -. I was told I could refinance in few months. Well I did try 6months or so into the loan and lenders told me that 's insane, I had said this in my previous complaints with. Along with they said I can defer a payment, said they did it and I said it does n't show up, and I also explained the women had told my I needed to sign a secure message through her email, well after a few phone calls,, few weeks, months later no deferral, and I 'm argue other issues, double dippin... |
Toyota Motor Credit Corporation Consumer Loan managing the loan or lease February 4, 2016 - My name is - -. I was - aware of the CFPB and DOJ 's Resolution effective -/-/-. As a - women who have purchased - vehicles from - since -/-/-, I am concerned that I may have been affected the discriminination. I contact Toyota Financial Services today, and was directed to their Fair Lending Website instead of giving me information about the discriminatory pricing policies. I 've been paying $ -- amount in car notes since -/-/-, and would like for someone to assist me to make sure that I was not directly affected by this discrimination practice. ... |
Toyota Motor Credit Corporation Consumer Loan taking out the loan or lease February 3, 2016 - CFPB made a deal with Toyota to give back money to - and -. ... |
Toyota Motor Credit Corporation Consumer Loan managing the loan or lease January 3, 2016 - My Name : - - Mailing Address : - - - - -, New York - Phone : ( - ) - Social Security Number : - Toyota Motor Corporation Credit Company Account Number - The late payment reported by Toyota Motor Credit Corporation on my credit reports are from 7 years ago in the year 2009. According to the Fair Credit Reporting Act ( FCRA ) U.S. Code Title 15 Chapter 41 Subchapter III 1681c ( Requirements relating to information contained in consumer reports ) this item must be removed from my credit report. - ; - - - - - - - - - - - ... |
Toyota Motor Credit Corporation Consumer Loan managing the loan or lease December 30, 2015 - - -, 2015 Dear Federal Trade Commission, This is the problem that I am having. On - -, 2015, I had a wreck in my 2015 Toyota Corolla. Two weeks later forms were needed to complete the process for payment from -. I had to go get an incident report, the breakdown on how - insurance came up with that amount and the amount that was paid from my insurance. Okay this how it all got started. I went to Tennessee where the accident occurred and got the police report because I had all the other documents already to go. I put the documents in the mail the same day. I mailed the informat... |
Toyota Motor Credit Corporation Consumer Loan managing the loan or lease December 11, 2015 - My husband took a loan for me -/-/- for a reliable vehicle - Prius. He added me as a joint account holder, however due to his loss of job he filed bankruptcy -/-/- he had to file bankruptcy on the account. I took over the payments for the vehicle but recently we were in an accident. The car was rear ended and deemed a total loss. The loan did not have GAP insurance included, there is a remaining balance of - after payment from the insurance claim. I have called Toyota Financial on 5 occasions to discuss what would happen to the account because of the Total Loss, each time I cal... |
Toyota Motor Credit Corporation Consumer Loan problems when you are unable to pay problems when you are unable to pay November 18, 2015 - - -, 2014 I was hit by a women who ran a red light. This women received a violation. During this time I was trying to get somebody to listen hear me that my home was being illegally forced through a foreclosure. My credit was destroyed, my car was totaled that I owned and i was trying to recover from my husband losing his job after i became -. Had to settle for a high interest payment on car, - Toyota said I would be able to refinance in a few months with no problems, plus more. As time goes on, I was very hurt in accident, which today ca n't keep up on any treatment, not even a ma... |
Toyota Motor Credit Corporation Consumer Loan shopping for a loan or lease shopping for a loan or lease November 16, 2015 - I recent purchased a car from - toyota and gave my permission to have my credit ran ONCE on -/-/2015. This report came back on - to be a -. Since my application was approved by credit has been ran a total of - other times since without my permission. this has significantly brought down my credit score due to hard inquires which were made fraudulently and without my permission, I would like these hard inquires removed from my -. Since -/-/15 due to these other fraudulent inquires my credit score has when from - to -. Please look into this asap. Attach is the doc... |
Toyota Motor Credit Corporation Consumer Loan managing the loan or lease managing the loan or lease November 14, 2015 - I purchased a 2015 - from a - - -. I have had trouble getting Toyota Financial Services to accept my payment and have been trying since - - to pay them. They keep telling me I am not paying and I am. When I call customer service I get the runaround. All I am trying to do is to pay my car loan. They have now doubled my payment to -. My payment per contract is -. No one seems to listen to me, and I do n't want my car repossessed. I am both frustrated and angry. I am JUST TRYING TO PAY MY BILL. They did n't accept my payment from - - when it was due on - -. S... |
Toyota Motor Credit Corporation Consumer loan managing the loan or lease September 28, 2015 - I have a auto loan listed on my credit file with -, -, and - that is listing inaccurate payment history, ... |
Toyota Motor Credit Corporation Consumer loan problems when you are unable to pay September 25, 2015 - Toyota Financial Services had my vehicle repossessed for - in arrears. I offered to pay back balance plus towing expenses before it left my driveway and they said no. They insisted that I pay off the balance of the vehicle at a -. I said I was interested in keeping the vehicle and protecting my credit and they stated they would only let me pay off the vehicle. I again offered that I could pay past due amount and towing to stop repossession and they refused and took my car. Now they said I would have to pay -, towing fee and transfer fee as they are moving to an out of state towing are... |
Toyota Motor Credit Corporation Consumer loan shopping for a loan or lease September 20, 2015 - I was sold a car that I was told I could afford. I was told my monthly payments would be $300.00 a month and now I pay $100.00 over what I was promised. I wanted a simple car and was sold a car that has so many features that I do n't know what they are for or do. I am not educated and I am older so I was taken advantage of. ... |
Toyota Motor Credit Corporation Consumer loan managing the loan or lease September 18, 2015 - I actually have - complaints about Toyota Financial Corp. The first is their calling practices. They will initiate collection calls well ahead of when the payment is actually late. They claim they are reminders, but they are clearly collection calls. The calls continue regardless of any arrangements made. Also, the caller ID never identify them as Toyota Financial. The second complaint against them is this : I had gotten a bit behind and asked them for an extension. With other finance companies, this has never been a problem. Toyota said I ca n't have one, fair enough I guess, but when I as... |
Toyota Motor Credit Corporation Consumer loan problems when you are unable to pay September 17, 2015 - I was in an automobile accident, not my fault. The other driver received violation for running a red light at -, totalling my car, which was paid off. Due to existing health issues, job loss and already battling a home foreclosure at the time. My credit score was not what lenders liked to see ( now I 'm starting to think maybe they do ) higher interest rates, excuses to take advantage and collect money. As I explained my situation to Toyota Finance, which I located them due to researching the same BMW x3 that was just taken from me. I arrived to see BMW x3, mind you I suffered a concussion ... |
Toyota Motor Credit Corporation Consumer loan managing the loan or lease July 17, 2015 - I contacted Toyota Financial Services when my account was - days past due, attempting to make the remaining portion of my monthly payment on that day to avoid my credit from being affected. However, due to Toyota 's inability to date my payment by phone for the same day, the only option given to me was to date it for - days later ... .the earliest possible date it would reflect as posted on my account. I disputed the credit mark directly with Toyota and through the credit bureaus, but it has not been removed. This now impacts my ability to afford the purchase of a home for my family at a... |
Toyota Motor Credit Corporation Consumer loan managing the loan or lease June 29, 2015 - I am writing to submit a complaint about unfair credit practices by Toyota Financial Services ( TFS ). I have tried - times, unsuccessfully, to resolve the matter with TFS and am submitting this complaint. TFS has filed derogatory and incorrect information on my credit report -. TFS claims that my payment history is -, - and -, '' whatever that means. I *think* they are saying I had late payments, but even asking for clarification on what that means was met with resistance from TFS. In fact, when I questioned the meaning of that phrase, they took it to mean that I was acknowled... |
Toyota Motor Credit Corporation Consumer loan shopping for a loan or lease June 1, 2015 - In - 2013 I purchased a current year Toyota - from Toyota and at the time of my vehicle purchase I also purchased the tire and oil maintenance plan with an extended warranty also. My tire & oil maintenance plan was to begin after I 've reached - miles on my vehicle. For I was already covered for all of my maintenance work under Toyota 's Care plan up to - miles. After reaching - miles on my vehicle, I attempted to go to - Toyota dealerships to have my car serviced under my prepaid maintenance plan. And I was told that I must return to the original dealership that sold me the ... |
Toyota Motor Credit Corporation Consumer loan managing the loan or lease June 1, 2015 - I AM AWAITING A RESPONSE FROM ALL - CREDIT BUREAUS.I have contacted the company, Toyota Motor Corp. on - occasions in regards to account -. My - letter dated -/-/- by Certified Mail and it was retuned as RETURN TO SENDER. They have the incorrect address online to correct inaccuracies. The - time I contacted them was dated -/-/-. To this date they have failed to submit a response to me. They did respond my mail to my husband who had the joint account with me in which they used a stalling tactic stating they believe their records are true and used false dates with no exp... |
Toyota Motor Credit Corporation Consumer loan problems when you are unable to pay May 27, 2015 - I voluntarily surrendered my vehicle to - - aka Toyota Finance on or before - 2014. Toyota Finance since then, have been purposely re aging or updating my account monthly destroying my credit score. I disputed this with the credit bureaus on several occasions and Toyota still continues to be the professionals that they are and hold a grudge against me in retaliation for returning a vehicle that I could n't afford. I use different credit monitoring sites and have been watching my scoring activity over the last - months. Well I saw that Toyota Finance reported the account as ok some ... |
Toyota Motor Credit Corporation Consumer loan managing the loan or lease May 20, 2015 - Toyota motor credit is reporting - $ owed on a charge off account. This account was included in my bankrutcy. I surrendered the vehicle to Toyota Motor credit. I have asked for specifi documentation as to how they came to the amount being reported of - $ -If the car was sold I would like a break down of what the car sold for and how Toyota - to this large amount being incorrectly reported on all - of my credit reports. I do want validation of debt. I do want validation of amount being reported and a break down of how they came to this amount as well as written documentation of what... |
Toyota Motor Credit Corporation Consumer loan managing the loan or lease May 13, 2015 - Toyota Financial Service as aggressive and sneaky collection practices. The dial your phone utilizing numbers with area codes from -, - ( - ) to various California numbers. Today, -/-/15, I was working from home and answered my phone since I though it was a relative calling from the - area code only to find out that it was Toyota calling about my late monthly payment due. I informed the TFS representative that I was in the middle of a work call and would need to call back later to set up payment for later this week. The TFS rep stated she could not hang up since I knowingly a... |
Toyota Motor Credit Corporation Consumer loan shopping for a loan or lease May 5, 2015 - In - of 2010 I purchased a Toyota. I did not know that at that time there were massive recall of Toyotas due to acceleration problems causing death and accidents. The company did not mention this fact. A few months later, unaware of this problem, I was driving the car on freeway - south. The gas pedal stuck. I had to drive off freeway almost causing accidents and drive in field until car became stuck in mud. What if I had grandkids in car!!???!! So after months of disputes over not paying - because who is going pay and drive a car that is unsafe, I turned car in to dealer. I have filed ... |
Toyota Motor Credit Corporation Consumer loan managing the loan or lease April 14, 2015 - Toyota Financial Services does not allow a person to pay additional money towards the principal and applies the money to future payments. A representative stated that a person has to send a separate check to a different address to pay off the principal. This procedure is not mentioned in loan documents or the monthly statement. I find this business practice to be deceiving, unreasonable, and a disservice to the customer. ... |
Toyota Motor Credit Corporation Consumer loan managing the loan or lease April 6, 2015 - Toyota financials had incorrectly reported - late payments on my account. when i called they removed - late paymeents, another - payments are still showing as 30 days late and were never late by 30 days. i mailed and called - times and still its not reversed ... |