Consumer complaint received 2024-05-06 00:00:00
Product: Vehicle loan or lease — Loan
Issue: Repossession — Lender trying to repossess or disable the vehicle
Company: PENTAGON FEDERAL CREDIT UNION
State: TX

Complaint narrative:
Notice for intent to suit. XXXX XXXX. XXXX. XXXX. XXXX XXXX, Deceptive trade practices. Money Laundering, Embezzlement. Security Interest has been revoked. I have previously sent a letter opting out of PenFed Credit Union sharing my information to XXXX XXXX affiliates including XXXX, XXXX, XXXX, XXXX XXXX. PENFED is committed securities fraud. & Penfed has also repossessed my XXXX XXXX, the tow company that was used to remove the vehicle would not provide a location or any information for me to retrieve my things, they refused. I called PenFed and I have only received the run around. I do have the names of the representatives that I have spoken too on record dates and times. I have revoked PenFeds power of attorney effective immediately dated XXXX the legal documents have been sent to PenFed via online the app, fax as well as mail. The XXXX and revocation has also been uploaded to the IRS as well as mailed and faxed. I am requesting mandatory Arbitration and the release of my vehicle immediately as they do not have the right to auction and sale my vehicle. Technically my car has been stolen. PenFed is a XXXX party debt collector and is attempting to auction my car. The car was paid for in full with my signature. AS an investor I should not be receiving this time of disrespect. PENFED has removed my vehicle to the auction with the intent to sale. PENFED will need to release my vehicle immediately. If PENFED DOES not comply I demand Remedy ( as I suit and contact the proper authorities as a whistleblower which equates to 10 % of your earning ) I am aware of my rights and I have every intention on contacting the IRS and the XXXX. PenFed is a nonprofit association, there are many remedies and assertions to be made. I want my vehicle tomorrow I also would add that an opt out letter was also sent and PenFed is still reporting adverse information to the credit bureaus which is also a violation of the terms and conditions as they do not have my permission to report any adverse information to anyone without my permission especially since I am a passive investor. If PenFed would like to continue to be my Fiduciary they will need to operate within the construct of what they agreed to do withing there charter number XXXX. All accounts are backed by the FDIC, ( SECURITIES FRAUD ) have rights, I did not abandon my funds by not reporting my XXXX. PenFed has been filing taxes and evading taxes. I was not aware that I have been being robbed, blind from the beginning. I want my vehicle and all of my credits which. Reopen and retitle my account. 15 USC 6508 I can opt out of sharing my private information, PenFed should be sending me an opt out notice every 30 days that has not happened. PenFeds Terms and Conditions state you do not share with non-affiliates. PenFed has violated terms and conditions that they gave to me as well as the Privacy ACt of XXXX and the violation of the NCUA, SEC, as well as tax crimes. I am giving notice to PenFed XXXX has been filed, I am requesting my account be updated to paid as agreed. My loan was discharged because you have already discharged it seeing that the Emergency Banking Act was passed and the US Federal Gov has been dissolved, this is a ponzi scheme. By the way this is unlawful

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