Consumer complaint received 2024-09-11 00:00:00
Product: Vehicle loan or lease — Loan
Issue: Managing the loan or lease — Billing problem
Company: BANK OF AMERICA, NATIONAL ASSOCIATION
State: CA

Complaint narrative:
On or about XX/XX/XXXX I utilized Bank of America ( BofA ) as a transfer agent for valuable consideration to be paid to gmc for the purchase of a truck. Bank of America accepted my application for credit with signature And transfered the value to XXXX. XXXX released the property to me the same day. On or about XX/XX/XXXX I received a letter from Bank of America stating that they had created an account in my name and that if payment was due a statement requesting payment would be sent. I assumed at this point that there may be a servicing issue related to Bank of America being a transfer agent in connection with the entity that they received the funds from. Sometime after that I received multiple phone calls from Bank of America claiming there was a servicing issue with the account. At a later date on or about XX/XX/XXXX I received the statement claiming approximately {$76000.00} was owed to Bank of America and that a past due amount was due in addition to additional monthly payments. When I returned the call to Bank of America on XX/XX/2024 they claimed that it was an attempt to collect a debt. 
I am disputing this debt based on my knowledge of our currency system in place utilizing Federal Reserve debt notes and the creation of money according to modern money mechanics. Since the value transferred from Bank of America to XXXX was created out of nothing there is no valuable consideration as required by a valid contract. I require that Bank of America : XXXX show proof of contract and evidence of exchange in accordance with the requirements of contracts, especially the requirement of consideration. 

XXXX. BofA by claiming a attempt to collect a debt, alleges that they provided me with a certain amount of bank credit as the consideration they provided to secure the contract. I require a full description of this bank credit. 

XXXX. Where did these credits come from? Provide evidence. 

XXXX. What in reality do these credits represent? credits of what? A measurement of gold? An amount of silver? Provide evidence. 

XXXX. Did BofA possess the assets represented by these credits prior to the alleged exchange? Provide evidence. 

XXXX. Were the assets represented by these credits acquired by lawful means? Provide evidence. 
XXXX. If BofA can not provide sufficient lawful answers to these questions pertaining to these bank credits, how is there any proof of consideration made by BofA? Provide reasoning that is faithful to all mens rights of equal protection under the law without any special privileges. 
XXXX. If there is no proof of consideration, how is there any proof of an exchange between myself and the BofA? 

XXXX. If there is no proof of exchange, how is there a contract between myself and the BofA? 

XXXX. If there is no proof of a contract, doesnt it follow that any claims or entitlements granted by this non-existent and illegitimate contract should be dismissed by law? 

I explicitly challenge the enforcement of any title or claim obtained by virtue of a non-verifiable contract. Such titles or claims lack legitimacy if the underlying contract does not meet the criteria of a valid, verifiable agreement as outlined by the principles of offer, acceptance, consideration, and capacity ; To Resolve this discrepancy I expect that BofA will correct the accounting error and show the alleged loan paid in full, correct reporting errors to credit agencies and Credit bureaus, release any lien on alleged collateral of XXXX truck vin ending XXXX and release the certificate of title issued by the California XXXX to me.

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