Appeals
  • Report: #51603

Complaint Review: Toyota Motor Credit Corporation

Featured Ripoff Reports

Past Featured Reports

Ripoff Report Corporate Advocacy Program
Help support Ripoff Report. Donate today.
Ripoff Reports Legal Ads

Ripoff Report Legal Directory

Thank You

Read how Ripoff Report saves consumers millions.

  • Submitted: Friday, April 04, 2003
  • Last Posting: Friday, March 26, 2004
  • Reported By: — na California
Toyota Motor Credit Corporation
Torrance California U.S.A.
  • Phone:
  • Web:
  • Category: Loans

Toyota Motor Credit Corporation Reported a repossed vehicle that was not repossessed. My credit report is now blemished. Rip-off in Torrance, California


1Author 1Consumer 0Employee/Owner

Respond to this Report

  • Respond to this report!
    What's this?
  • Also a victim?
    What's this?
  • Arbitrate
    Set The Record Straight!
  • Repair Your Reputation
    ...the right way!
    Corporate Advocacy Program
While going through a divorce, I was ordered to return a vehicle I leased from Toyota. At the same time, I gave them a copy of the court order.

About a month later, I was contacted by their collections arm (which I expected) and was told that they had repossessed my vehicle (unexpected and a big fat lie) and that I owed thousands of dollars.

We made an agreement for me to repay the money and that they would remove the 'repossession' from my credit report...However, even though I paid according to the terms of the agreement, they kept the false repossession on the report and listed the account as a 'paid-charge-off' (A horrible blemish on my credit report).

I have contacted lawyers to get this resolved but am told that there is nothing I can do. So I am telling other people to watch out and to get everything in writing.

Joe
San Francisco, California
U.S.A.

This report was posted on Ripoff Report on 4/4/2003 10:54:44 AM and is a permanent record located here: http://www.ripoffreport.com/loans/toyota-motor-credit/toyota-motor-credit-corporatio-f652c.htm.

Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report.

Click Here to read other Ripoff Reports on Toyota Motor Credit

Search for additional reports

If you would like to see more Rip-off Reports on this company/individual, search here:

Search Tips
Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?
Arbitrate
Remove Reports?
No! Better yet! Arbitrate to set the record straight!
REBUTTALS & REPLIES:
1Author 1Consumer 0Employee/Owner
Updates & Rebuttals

#1 Consumer Comment

Joe . . . Clear Your Credit Reports and File Your Complaints

AUTHOR: David Cyrus - Northridge (U.S.A.)

SUBMITTED: Friday, March 26, 2004

Dear Joe:

Toyota Motor Credit Corporation (TMCC) is an abusive financial services company that promotes this type of unlawful activity against consumers all across the great U.S.A.

Section 611 of the federal Fair Credit Reporting Act (FCRA) requires all consumer credit information being reported by a Subscriber to a credit reporting agency (CRA)--i.e. Experian, Equifax, or Trans Union--to be CURRENT, ACCURATE, AND VERIFIABLE.

As a consumer, you have the right to dispute a credit report with both the Creditor, Toyota Motor Credit Corporation (TMCC), and the credit bureaus.

Process and procedure is specified in Section 611 of the federal FCRA. If you would like to learn more about this consumer law, you should go online to the Federal Trade Commission and search for its publications on credit reporting and FCRA.

In addition, I have compiled a long list of regulatory agencies that should be posted on this site on where you should file a formal complaint againt Toyota.

It is your duty as a responsible citizen to file your complaints with the designated authorities to make sure that this company is held accountable for the abuses and offenses it commits against consumers all across the country.

If you live in the western United States, your vehicle was most likely repossessed and confiscated to a lot in Mira Loma, CA, where TMCC stores over 3000+ impounded vehicles.

Notify the authorities of the crimes committed against you. You indicated that you have documentation. This is your strong point, and will be a great asset in fighting back and making your case.

Contact the regulatory agencies that I have listed in the Bad Business Bureau website.

I sympathize with your unjust experience. You are not alone. This is how the company conducts business.

As consumers, we must stay in control of our financial capital. Do not patronize businesses that look to abuse, exploit, and extract unjust enrichment from you. For large purchase items like home mortgages and auto loans, do business with a credit union or other financial partner that you know well, and has your financial welfare and security in mind.

Contact information:

RE: Toyota Motor Credit Corporation
Epicenter Credit Consultants
C/O David Cyrus Koupai
P.O. Box 7153
Northridge, CA 91326

God bless all consumers, and God Bless America in its transition out of Corporate domination. Your Consitution promises all Citizens the pursuit of life, liberty, and happiness.

Warm Regards,
Respond to this report!
What's this?
Ripoff Report Verified Safe

Advertisers above have met our
strict standards for business conduct.

Ripoff Report Legal Directory