- Report: #828358
Complaint Review: Fifth Third Bank
| Fifth Third Bank
Internet United States of America |
|
Fifth Third Bank Fifth Third Bank Intimidation Tactics Internet
*Consumer Comment: What lender wouldn't behave this way?
*Consumer Comment: Typical..
*Author of original report: A Clarification
*Consumer Comment: No RipOff..
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This report was posted on Ripoff Report on 01/25/2012 10:30 AM and is a permanent record located here: http://www.ripoffreport.com/r/Fifth-Third-Bank/internet/Fifth-Third-Bank-Fifth-Third-Bank-Intimidation-Tactics-Internet-828358. 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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Search Tips#1 Consumer Comment
What lender wouldn't behave this way?
AUTHOR: Flynrider - (USA)
SUBMITTED: Wednesday, January 25, 2012
" The loan officer could not guarantee that the fees would be waived so we made a good faith payment that was less than the total amount of fees, but was something we could afford at the time. "
Lenders are more concerned with what you owe and not very concerned with what you can afford to pay. You seem to think that everyone should just accept your terms and leave it at that. In the real world, that rarely happens.
" If Fifth Third had followed through with its promise to work with us "
I just love that phrase. On this site, "work with us" translates to "overlook that we can't pay what we owe" .
" We ended up making two seperate payments to cover the cost of the late fees much to the emotional stress caused by the bank's reresentative. "
Some people pay as they agreed to. Others need to be threatened with repossesion to pay. There is nothing illegal about that, or even anything that could be remotely considered a ripoff. It happens every day in the car loan business.
But I do want to thank you for shedding a bit more light on your report. In your Original Post you inferred that you were paying quite a bit extra every month. No you did not come right out and say how much, but when most people hear extra they really are not thinking a few quarters on a car payment. So while I guess you are technically correct it can easily be seen that the "extra" statement was meant to be misleading. So if that was misleading, one does have to wonder what else in your report is misleading.
As for them not calling you. Yes they SHOULD have called you back when they said they would. They didn't, but that is not enough to say "Well I am just going to ignore it until they do".
#3 Author of original report
A Clarification
AUTHOR: anonymous - (United States of America)
SUBMITTED: Wednesday, January 25, 2012
- So you were late but ALWAYS paid extra? Generally people on unemployment are having to "make every penny count". So one would expect that you were paying only what you were required. Or are you really saying that during this period you still paid more than you needed to?
We were assured by the loan officer that he would contact us by the end of the week regarding our situation. Noone from Fifth Third contacted us until we received a call from Fifth Third saying our late fees were in collection and that if we did not pay the total amount immediately,
- So I am figuring that this call from collections was after the end of the week. If so why didn't YOU follow up with them to find out what is going on? Or did you hope it would just go away?
After five years of loyalty to making payments and not missing a single month, this is the way Fifth third treated us; with threats and intimidation
- Do you want a "gold star" for doing EXACTLY what you made a legal agreement to do. Well perhaps it should be a "silver star" because the agreement you made said you would make every payment ON-TIME..which you didn't do by your own admission.
By the way the "threats" were valid. Until you pay off the loan you do NOT own the car. Meaning that even if you owed $1 they can repossess it.

