Consumer complaint received 2018-08-03
Company: BB&T CORPORATION
State: MO
Product: Vehicle loan or lease
Sub-product: Loan
Issue: Managing the loan or lease
Sub-issue: Billing problem

Complaint:
I have been writing to get information about my automobile contract. The dealership is no longer in business and I do not have a copy of my contract it is lost. I have written to the CFO XXXX XXXX and spoke to him by phone inquiring about the validity of the contract. 

I have not had the contract verified by original " wet ink '' signature and hidden clauses dealing with GAAP policy. I want the booking entries to the contract given to see exactly what is going on with said contract. I request all booking entries on this contract and have been ignored on the information that is requested. CONTRACT NOT VERIFIABLE. I would like to know Who funded the bank loan check, borrower or XXXX XXXX XXXX affiliated with BB & T bank. I would like Mr. XXXX XXXX, CFO of XXXX XXXX XXXX to explain in written details the exchanging of my promissory note for " credits in what is known as " the borrower 's transaction account. '' I was NOT aware that XXXX XXXX XXXX during the transaction with the car dealership who is now out of business took the bank deposits the promissory note and then used my money to make a automobile loan back to me for 72 months with interest. 

I believe that the bank should return this money to me as a return of my loan or deposit to the bank. They received it for free and should return it. They advertised that they would loan me money while at the dealership when shopping around for a car loan. 

That implies they loaned me their money. They gave me one check for the earlier deposit. I figure that was a return of my original capital. XXXX XXXX called this a 72 month loan, but I never received a loan of actual cash value from the bank in order for the bank to obtain the promissory note. If XXXX XXXX XXXX want me to pay them back, I believe they should either loan me the money to fund the bank loan check or return the loan from me to the bank. In either case, the bank loan is canceled. No rights can be acquired by fraud. I have tried to remedy this matter with the CFO XXXX XXXX on several occasions with no recourse. 

I have spoken to Consumer Rights legal counsels. I am reminded the bank advertised a loan via the car dealership I purchased the vehicle through. The written contract agreement the XXXX XXXX XXXX wrote said interest, which is defined for the use of borrowed money. It did not say exchange and charge as if there was a loan. It did not say I was the lender, depositor, or exchanger. The bank advertised, wrote the agreement, and wrote the bookkeeping entries proving their intent. 

I have been writing to XXXX XXXX, CFO to prove that I am wrong? To prove I am wrong, the CFO must prove the Federal Reserve Bank publications are wrong. If the bank claims they loaned other depositors ' money, they must prove they violated the Federal Reserve Bank policies and procedures, which could land him and banking executives in jail. 

As I see it, I have been prohibited from seeking remedy and having my booking entries verified. If the bank claims that the promissory note was not loaned to the bank or deposited, they must prove that the promissory note was given to them for free, stolen, converted, or that they violated the Federal Reserve Bank procedures. 

I have surveyed various borrowers I talked to and I have done my research on Consumer review boards concerning XXXX XXXX XXXX. No borrowers knew they gave the bank actual cash value in the amount of the loan for free and that the bank returned it back as a loan. The Constitution gave us the right to contract, making the written agreement the highest law under UCC. Congress can not change the agreement without violating the Constitution and public policy HJR 192 dealing with public and private debts.

I am writing my complaint after speaking with ( 2 ) of XXXX XXXX XXXX Admins who work in their legal department known as XXXX XXXX, XXXX XXXX, and also the CFO XXXX XXXX on XX/XX/2018. 

I have written to the company about the possibility of alleged mail fraud, wire fraud ( calling me to pay ), fraudulent conversion, fraudulent concealment, fraudulent misrepresentation, false statements, embezzlement, promissory fraud, fraud in the inducement, fraud, forgery of the promissory note, forgery of the check withdrawing the funds from the borrower 's transaction account, extortion, white collar crime, deliberate deception, trick, breach of contract or agreement, defacto contract, insurance fraud ( to FDIC ), deceptive advertising, deceit, theft, larceny, slavery, attempt to suspend the Constitution through national bankruptcy, illegal lien, threat to bring fraud on the court to collect money, bad faith, filing forged documents at the county level, or any number of other crimes. 

I am simply seeking answers and to VALIDATE THE PROMISSORY NOTE with MY original wet ink signature. I have been a victim of identity theft listed in XXXX XXXX publication. I have reported this crime to all state and federal offices and their agents including the IRS, FTC, and state Attorney General. 

( XXXX XXXX XXXX XXXX ) XXXX XXXX   XXXX

Company public response: Company has responded to the consumer and the CFPB and chooses not to provide a public response
Company response to consumer: Closed with explanation