• Report: #228841

Complaint Review: Sovereign Bank

  • Submitted: Fri, January 05, 2007
  • Updated: Wed, January 09, 2008

  • Reported By:delran New Jersey
Sovereign Bank
Po Box 16255,reading Pa, 19612 Nationwide U.S.A.
  • Phone: 888-855-1660
  • Web:
  • Category: Loans

Sovereign Bank falsely charged my husband and i 20 late fees on on auto loan, the payment date was supposed to have been changed 4 yrs. ago, they never did it Reading pennsylvania

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my husband took out a truck loan through sovereign bank, asked 4 yrs. ago for date to be changed from the 19th to the 1st of the mos since he gets paid once a mos. being he's a foreman ta a foundry. they charged him a small ten dollar fee which he paid. he calls for a payoff since he's nearing his 5yr. loan mark and they tell him he owe an extra 904.00 dollars since he failed to send in 74.00 interest charge that they sent him a letter about in 2002, in which we never received. it was never even sent registered or certified mail so we could sign for it.why would we let 74.00 dollars turn into 904.00 if we new that? my husband has perfect credit,pays everything right away.

0000000000000 it's a blatent bank scam and ripoff and they are refusing to even hear about it or come to some kind of agreement. what poor banking business is this? horrible, i would never ever deal with sovereign bank again and i hope no one else gets ripped off by them either. do your selves a favor, stay away from them. thank you for listening to me.

delran, New Jersey

This report was posted on Ripoff Report on 01/05/2007 05:40 AM and is a permanent record located here: http://www.ripoffreport.com/reports/sovereign-bank/nationwide/sovereign-bank-falsely-charged-my-husband-and-i-20-late-fees-on-on-auto-loan-the-payment-228841. 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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#1 Consumer Suggestion


AUTHOR: Bostonian - (U.S.A.)

If anyone is having ANY problems with Soveriegn Bank and need to file a complaint against them please do so. They state that there is no place to file a complaint but there is. Massachusetts does not have jurisdiction over this crooked banking institution so they forward your complaints to the right people. I am submitting that information in this post for all who need it.

Office of Thrift Supervision
Department of the Treasury
10 Exchange Place, 18th Floor
Jersey City, NJ 07302

Office Of Thrift Supervision
Harborside Financial Center
Plaza Five, Suite 1600
Jersey City, NJ 07311

Fax# 201-413-7541

The fax number is for written signed complaints.

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