I read the Settlement and thought it said I would not have to pay the balance. I have a $100 a month payment agreement with Constar Financial for this debt. The Court has not ruled in favor of either party. They contacted me after they repossessed the car. Our hours of operation are Monday to Saturday between 8am and 10pm Eastern Time. My daughter received a check for $24.69 (shes deceased now) with an expiration date of August 2022! How long can the lender keep the vehicle for sale without selling it? Any checks will be mailed around December 31, Not updated yet on website if they mailed checks out, I paid several thousands of dollars to a collection agency. Plus, if I can't find record of this supposed auction where did it take place? Ally Invest Advisors, Ally Invest Securities, and Ally Invest Forex LLC are wholly owned subsidiaries of Ally Invest Group Inc. Someone needs to to take responsibility for this error and send us our checks. But Im signed up for USPS email notifications. I never got the check but they sent me a notice to cash my check on the 24 of may 2022, I knew about the lawsuit when it started knew I was a part of it but still never received a check whats up with Ally financials legal department they keep that $788 million for themselves, ANN ELLIS NO CHECK IT UNDER RUEL ELLIS NO PHONE TO CALL SEND TO EMAIL WHAT IS UP WITH COMPANY. they told us we would have to pay xx # of dollars to repo guy. Assumed it was junk mail. Have two car payments with Ally with different account numbers.they took three of my payments for one Vehicle and applied those three to my other car payment both with different account numbers. Then a month I received another letter saying I am cleared of everything. The amount you owe after the vehicle sells is called a deficiency. At this point I just want this off our credit report . They need to reply. Posted on Jul 6, 2015 Selected as best answer I have a legal guide on consumer rights following vehicle repossession, linked below. I agree. We have yet to hear from anyone and the deadline is today please reissue our check(s). Constar financial is not reporting, however Ally is showing the $100 payment every month. When I submitted my payment Ally sent a transaction through my Bank of $95,281 not once But twice. Do a three-way phone call with the new lender and a Ally Financial customer service rep at 1-888-925-2559, which allows the new lender to ask Ally Financial all the questions necessary to pay off your existing loan. The KBB Fair Market sale price on this vehicle is $26,869 (max is $28,282). Your posting does not specify if this was a lease or a purchase, which have different rights following a repossession. Amen. I'm just trying to get some clarity on if I should talk to an attorney or what everyone's thoughts are because at this point I feel like I've been taken advantage of an the letter of the law was not followed in reference to notification before auction and the date and time of auction. General Mail P.O. As in only got letter today about dead line. So he left and then three days later came back again so I told him just take it since theyre not going to work with me. For the company this is a way to get another $120 or $1,200 out of a faithful customer. Securities products and services are offered through Ally Invest Securities LLC, member FINRA / SIPC. And like you I dont even care about that. Can you please reissue a check. I paid the charge off amount I am sure it negatively impacted my credit. They tell me I have 30 days to cancel said insurance but I dont receive the policies until 2 months later only to find that they were worthless due to the fact they were only good for 10,000 miles or X amount of years and oh yeah, the policies I got stuck with stated they did not cover pre-existing I bought a 2013 Ford Edge (from a Chevrolet Dealership) they definitely saw me coming. Ally Financial provides a variety of financial services, from home and car loans to banking and retirement savings options. 4. Please see what other class action settlements you might qualify Since then my credit took a nose dive where I am unable to obtain credit anywhere. I was contacted by the company I have been making payments to for a vehicle returned to Ally. And then sold it at auction. I noticed they changed my amount they were claiming I owed to half which was more accurate in the first place. Box 30248 Charlotte, NC 28230, Mon - Fri, 8am - 10pm ET Saturday, 8am - 9pm ET, Mon - Fri, 8am - 8pm ET Saturday, 10am - 5pm ET, Ally Lending P.O.
Ally Financial Reviews | Read Customer Service Reviews of www.ally.com In addition to an added sense of uncertainty, repossessions also leave a negative mark on your credit history. I have video of them sneaking up to my private garage and reposing my car even though I made the payment and had proof ! For the best experience, use the Ally Mobile app. I should be included. So can someone please advise. The vehicle sticker price was $17,999 the final loan over $23,000 because of extra insurance policies high I was told was about $45.00 extra a month but was never told they were adding the full price of all their specialty Gap, Wheel & Tire, insurance, etc. This was like owing a loan shark. Address. Programs, rates and terms and conditions are subject to change at any time without notice. It says you are suppose to get your deficiency amount AND a cash payment. I received a letter stating I have until May 24th 2022 to cash it! Category. I didnt get any kind of notice at all. After 9 months of trying to sell it I had Ally take it back. Is the entire account coming off my report, or is it only from the time of the repossession onward? Or when will it get removed ? Kindly send me my check asap, maximum amount due. Dallas, TX 75266-0633 Same I just got a reminder to cash a settlement check but I have not received one, I received letter if I dont cash check by May 24 check will be void. Its off my credit report BUT I received a letter on 12/21/21 that NorthStar is trying to collect for their client Ally. Same with me I still have Northstar trying to collect on the balance of what they say I owe. The recording states checks will be mailed January 24th. $28 is kinda waste of time but the $1300 removed and taking that bullshit off my credit would be great. Send them to the address you have on record. I received a notice as well, but no check. Ally Financial is a bank holding company based in Detroit, Michigan. Box 9001951 Louisville, KY 40290-1951, Ally Financial P.O. blah blah come and get it if you want it. I never received it, postcard received check never received. Im curious if you noticed Ally changing the amount on your credit report ?Before them finally removing it from the 3 bureaus .
How to Recover From a Car Repossession in 5 Steps You are also harming other eligible Class Members by submitting a fraudulent claim. Short notice. Those bastards repoed my truck after I set up payment arrangements. Capital One, the largest direct bank in the U.S. I called the 1-844-735-5572 and left a message. expected to be mailed out. DOWNLOAD SAMPLE Vendor Contact Form Dont be surprised if they sell these debts and you get a judgement for the balances left. PPT can be billed either semi-annually or annually. Received the notice 5-13-2022, never received a check, but supposed to cash it by the 24th. And I havent received a check, Received the postcard on 5/14/22 didnt receive a check in the mail please give a contact number, i think we all shouold fikle a class action lawsuit on this people thats suppose to be paying us, Just received postcard but never received a check. I wonder if she qualifies for something here. Options investors may lose the entire amount of their investment or more in a relatively short period of time. Can someone help me out? Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type. document.getElementById( "ak_js_5" ).setAttribute( "value", ( new Date() ).getTime() ); @2023 Top Class Actions. 2017-2021 and TM, NerdWallet, Inc. All rights reserved. 500 Woodward Ave, 16th fl, Michigan United States. I have also received a settlement offer from Ally offering me a payment plan to pay for the car they repossessed from me. Alisha Holmberg Atkinson I finance a fusion w them, Nicholas Holmberg I financed 2 vehicles with them and 2nd car I was co signer. Does anyone have any updates? A class action lawsuit had alleged the notices Ally Financial sent to borrowers before and after their property was repossessed did not comply with each states form and content requirements under the Uniform Commercial Code. He never told me and Ally never called or sent a letter until two weeks after it sold and hit me for a $9000 deficiency balance. To date the lender claims to still have possession of the vehicle and has not sold the vehicle. Hmmm sounds what I heard in the news during the fall out off the mortgage industry in 2008. No check though, How do I find out if the sold my car after they repo it its been years I havent heard any thing also sold my un paid part of the loan to a collector but it shows they did a write off on the loan and repotted it to credit report. Ally I know yall can move faster than that. read above . No phone number listed on the post card notice that was sent- just an address to contact them by mail. They sold it for 1/2 of what I owed and sold the balance due to Constar Fanancial and I have been paying a them each month. I sure would like to know what the phone number is so I can answer my phone if they try calling me and would also like to know when I will receive a check? We have a problem here, are they not required to notify of the date and time of the aforementioned auction? Additionally in November 2012 GM Financial entered into a share transfer agreement with Ally Financial to acquire Ally Financial's equity interest in GMAC-SAIC that conducts automotive finance and financial . I need to cash a check before May 24? I on disability and my credit is such the nobody will finance a vehicle. I paid 23000 on a car I had for 5 years . I paid 1,000.00 which brought my balance to 9;000. I recieved the same postcard that it looks like most of these commenters here have written about also on 5/13. Box 660633 Dallas, TX 75266-0633 Who does this mess? My car was removed did not receive a notice before or after, came at 12:45 am thinking we were in bed. All the while incurring further indebtedness onto myself and in leui them as well? Characteristics and Risks of Standardized Options brochure. Wanted to know when and how much I can received. I almost threw it away. All FICO Score products made available on myFICO.com include a FICO Score 8, and may include additional FICO Score versions. Ally is still having their 3rd party collection agencies try to collect even after the order. Know your rights. What can I do for this ? Started a dispute with the redemption dept on July 25, with yet to hear anything. Same here. And as of 2 weeks roughly ago they are finally gone and off my credit reports. You can lose more funds than you deposit in a margin account. I received a settlement check and my credit score went up. . U.C.C. You can also choose to sign up over the phone with a specialist at any time. I have a check today for $38.67. They took the car though. Please give me a phone number. Ally Financial - Repossession Question In November of last year I voluntarily initated repossesion of a vehicle with a nearly $43,000 auto loan on it. We should all opt out of it and sue them again as a new but same case, the lawyers will get millions but the people that got f@&$#% are getting 28 bucks wtaf!!!!!. I walk 5 mile to the the store. When I was informed about the class action lawsuit, Im bombarded with debt collectors trying to get their money. https://topclassactions.com/wp-admin/admin-ajax.php. I've reached out to them every 2 weeks, and to date they have no updates just that once sold they would send a statement of the final sale value and any fees that are deducted from that amount and what my remaining balance would be. Some kind of answer from the law firm would be great. People are tired of being screwed over!! 686.96 DOLLARS IS THE MAX PAYOUT? The day it was repo'd we called to buy it the following day (when the fund would be in hand to pay for it) and they said absolutely not, we would not be able to redeem the vehicle under any circumstances. Its been off my credit report for a while. For visitors with visual disabilities, access to this website, including our FICO Data Privacy Policy, is available through assistive technologies, such as BrowseAloud, JAWS, VoiceOver, Narrator, ChromeVox, and Window-Eyes. Does that mean that any class member will receive no more than $686.92. We returned the car we could not drive stick they came an got the car sold it and are billing me for 7000.00 the past 5 years. The information I received stated, we did not have to do anything. Ally has already removed the negative tradeline from all three bureaus. Im confused I had a loan on a car for about $16,500. Ally and Do It Right are registered service marks of Ally Financial Inc. App Store is a service mark of Apple Inc. Google Play is a trademark of Google Inc. Zelle and the Zelle related marks are wholly owned by Early Warning Services, LLC and are used herein under license. Does anyone know?? directory! they threatend us with repo all the time. I called the toll free line 844-735-5572 and was told it could take a year before we can get our credit cleared or any recompense due to appeals by Ally. Im betting even though I spoke to them and asked them to clear all those individuals off they probably didnt, seeing as how theres no communication whatsoever. I received the reminder notice of settlement check cashing deadline postcard but I also have not received a check.
Ally Financial Services Repossession Settlement 2021 How To - YouTube My Car was repossessed, I spoke with bank and they told me - Avvo View all Advisory disclosures. Had a payment arrangement . Just a post card. I would like to know when i will receive my money. THEN sold it and left me with almost the same amount. Omg thats exactly my issue they never applied the amount they sold my car for to my outstanding balance example: I owe 16,500. So does this mean anyone that those was had repossession and didnt opt out of the case doesnt owe anything any more? The terms of the settlement agreement provide a variety of relief for Class Members. Many so-called repo agents are commission-based, earning an average of $350 for each case, according to Jeff Huang,. From what I undertstand it was finalized on the 9th of august 2021. Top Ranked Companies #1 America First chevron_right 6.2 Overall Score 4.7 star star star star star_half (134) #2 Mountain America chevron_right 5.8 Overall Score I received a notice if I didnt cash my check May 24th then it will be voided but I DID NOT RECEIVE A CHECK , I just received notice that if I dont cash my check by May 24th it will be voided but I never received a check, when will I hear something on this class action settlement iI received a letter sometime back but i have not heard anything else. Ally took my car while I had payment arrangements set up. Anyone else? I can not get a lawyer to figure any of this out. Even once you've paid in full, the title may not arrive in the mail as planned. It came off my credit about a week or so ago! I have an 2017 chevy trax interest 13.45 paid in 11,000 owe 21,000 I clearly got riped off, I cant get it refinance!! I did receive a letter about this lawsuit, my big question is how much am Im going to get my payment back and lastly have it removed from my credit report! I never received a settlement. I want to know also. I Received a letter saying that i owe taxa on this Actions for car that they took. Banks. I would like more done.
How Voluntary Repossession Works - NerdWallet So I know whether I should sue for my money. What further is so questionable is the dealership still shows the vehicle as avaliable for sale unless they purchased it at auction? Ive had a change of address since my claim was filed. Ally is the worst bank ever! I have been asking them since I got this car in Jan 2019 (which then I paid two months ahead for cushion), when I spoke with them in Feb-March 2019 asking my date be switched from the 5th to the 20th of each month they stated it was done so I had been paying on that date and even made a double payment when I could. please judge help me in lawsuit. And why was it not advertised? How are we to contact the administrator? If you dont qualify for this settlement, check out our database of other open class action settlements you may be eligible for. I need to have my address changes I need to know who to talk to to have my money sent. And buy the time can get them payed they had a repo to pick the car up and I told him that they told me I could get caught up and keep the car.