- Report: #1042503
Report - Rebuttal - Arbitrate
Complaint Review: 5/3rd bank
5/3rd bank5050 Kingsley Drive Internet United States of America
5/3rd bank Will take forever to pay off suv loan thanks to skip a payment, Internet
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They sent me a letter a week or so later and said that I still owed 1,201.99 but that was only for payoff as of 1/19/13 and after that I would be charged 0.28 cents interest per day and if not recieved on or before the 11th of the month I may be charged late charges. Even though I never paid extra on my loan, I was NEVER late on a payment. I still have the letter from 2007 and nothing was said about the ramifications about skipping this one payment. I had a car loan with another bank several years before and never had this problem when I skipped a payment. Can a bank legally do this and get away with it? I'm thinking about consulting an attorney after seeing this website.
This report was posted on Ripoff Report on 04/11/2013 11:54 AM and is a permanent record located here: http://www.ripoffreport.com/r/53rd-bank/internet/53rd-bank-Will-take-forever-to-pay-off-suv-loan-thanks-to-skip-a-payment-Internet-1042503. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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