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Report: #457720

Complaint Review: MB Financial Bank - Chicago Illinois

  • Submitted:
  • Updated:
  • Reported By: Seward Alaska
  • Author Confirmed What's this?
  • Why?
  • MB Financial Bank 800 W Madison St Chicago, Illinois U.S.A.

MB Financial Bank fraudulently charged for unnecessary vehicle insurance. Chicago Illinois

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I have had a vehicle loan with MB Financial for 3 years. We have Never received a statement until I contacted the Attorney General for IL. When I received it, there were two charges for unnecessary insurance added to the principal for almost $3,000.

These were Never authorized; in fact, I sent a fax back immediately to state I had insurance and refused their insurance. I also contacted my agent to send proof of the insurance to MB Financial and they did.

This happened more than once and each time I would call and state we were covered. At no time did they state that they had added these charges to my principal.

We have Always had full coverage on this vehicle - MB Financial is ripping me off but at least I am going after them. How many other people are being defrauded by this bank because they don't receive any statements and don't even know it's happening?!

I am currently working with the IL Attorney General Lisa Madigan to get this money and interest back.

William
Seward, Alaska
U.S.A.

This report was posted on Ripoff Report on 06/02/2009 11:19 AM and is a permanent record located here: https://www.ripoffreport.com/reports/mb-financial-bank/chicago-illinois-60607/mb-financial-bank-fraudulently-charged-for-unnecessary-vehicle-insurance-chicago-illinois-457720. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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