Consumer complaint received 2016-03-01
Company: TOYOTA MOTOR CREDIT CORPORATION
State: GA
Product: Consumer Loan
Sub-product: Vehicle lease
Issue: Problems when you are unable to pay

Complaint:
Re : REQUEST FOR RE-INVESTIGATION XXXX Dispute - / FEDERAL CONSUMER LEASING ACT VIOLATION/ FAIR CREDIT REPORTING ACT VIOLATION/ FAIR CREDIT BILLING ACT VIOLATION AS Per : XXXX - Credit Report Number : # XXXX Date Issued XX/XX/XXXX : ACCOUNT ( 1 ) - TOYOTA MOTOR CREDIT CORP # XXXX : / Account ( 2 ) - Lexus Financial Services XXXX XXXX Credit Report XXXX # XXXX RE : Toyota Financial Services '' and XXXX Lexus Financial Services/ XXXX Debt Validation Dispute Re : XXXX XXXX XXXX, Consumer I am writing in regard to the above referenced accounts and transactions. This vehicle was repossessed by Lexus Financial Services/ Toyota Motor Credit ( Original Creditor ) in the State of ( Georgia ) on or about, xx/xx/xxxx, and resold on or about xx/xx/xxxx. Your review of the required appropriate documents and records, will determine and verify any descreprencies. 

LEXUS FINANCIAL SERVICES/ TOYOTA MOTOR CREDIT FAILED TO COMPLY : Under the laws of the State of Georgia ( State where car was repossessed ) XXXX ( GEORGIA 'S state 's XXXX XXXX, you will need to look this up ) and State XXXX and XXXX statutes ; THEREFORE, a deficiency can not be claimed unless all of the required notices were properly and timely given, and all of the allowable redemption and cure time limits were adhered to. 
I am in dispute of this erroneous inaccurate account as a result of its Loss-of Value/ and Express warranty. As a result, of this defect there was a breach of warranties, unjust enrichment, and violations of various state consumer protection statutes. 

Please provide copies of the legal notices and proof of the commercially reasonable manner of the resale of the subject vehicle. 
If no such proof is provided within 30 days from receipt of this notice, the alleged claim of a deficiency will be considered null and void, and any continued collection activities, or continued reporting of this invalid claim on my credit reports will be considered a violation of the FDCPA and FCRA. 

In addition, if Lexus Financial Services/ Toyota Motor Credit XXXX or severally fail to comply with the above requests, I reserve the right to seek damages against all parties, under all available State and Federal statutes and State of Georgia XXXX XXXX. 

In addition, I am writing to dispute XXXX XXXX Credit Reports [ name of accounts : Re : XXXX XXXX and aforementioned account numbers ] on aforementioned credit report numbers [ xxxxxx ]. The balance listed on the account is incorrect, disputable and unjustifiable. 
Please delete the account. I am in dispute of these unverified, unreasonable, unaccountable charges. For example : As per : TransUnion Credit Report : File Number XXXX I am in dispute of the following discreprencies : The Maximum Delinquency was 60 Days in XXXX and XXXX. 
This is unexplainable ; an Omission of dates in billing error is unacceptable. 
Therefore how could there possibly be a past due balance of $ {$8300.00}. As per Terms : ( See Report ) _________x {$0.00} per month, paid Monthly for 48 months. 
Please investigate the following : ______Correct Date of Last Delinquency. Per the Fair Credit Reporting Act, the Date of Last Delinquency is the date ( month and year ) of the first missed payment that led to charge off, collection, foreclosure or repossession. 
I am in Dispute of the following : Lexus Financial /Toyota Motor Credit failed to provide XXXX XXXX XXXX Consumer with adequate pre- and post-repossession notices, and ( 2 ) attempting to recover unauthorized repossession deficiencies and expenses. Please provide the required documents. 
I never received a Notice of Plan to Sell Property According to a class action lawsuit, after Toyota Motor Credit Corporation repossessed customers ' vehicles, it issued NOIs ( " Notice of Our Plan to Sell Property '' ).

Company response to consumer: Closed with explanation