- Report: #1009190
Complaint Review: Fifth Third Bank
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| Fifth Third Bank 1830 e.paris se
grand rapids, Michigan United States of America |
|
Fifth Third Bank daniel hernandez, f.e. troncone, brian moore failed to comply with settlement agreement grand rapids, Michigan
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Having no income, i knew i could not continue to pay for my car. I contacted the bank immediatly and was advised to sell the car and work out a settlemet with them. I continued making payments while trying to sell the car. I did sell the car on 1-11-13 to CARMAX. While there i negotiated with Fifth Third Bank and settled the outstanding balance of $3600 for $1500 due to my hardship. I was informed that i would be getting a 1099-C because i had to file it as income. I borrowed the $1500.
I transfered $1500 to them, including a $17.75 processing fee. I received a letter accepting the pay-off. Today I received a call that CARMAX still has no title, and Fifth Third Bank is refusing to talk with them, citing privacy issdues. I received a message that Fifth Third Bank will now collect the full amount from my co-signer, and denied any settlement.
This report was posted on Ripoff Report on 02/05/2013 11:06 AM and is a permanent record located here: http://www.ripoffreport.com/r/Fifth-Third-Bank/grand-rapids-Michigan-49546/Fifth-Third-Bank-daniel-hernandez-fe-troncone-brian-moore-failed-to-comply-with-settle-1009190. 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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