Consumer complaint received 2025-10-20 00:00:00
Product: Vehicle loan or lease — Loan
Issue: Problems at the end of the loan or lease — Unable to receive car title or other problem after the loan is paid off
Company: FIFTH THIRD FINANCIAL CORPORATION
State: NJ

Complaint narrative:
On and for the record, FIFTH THIRD BANCORP has responded to my notice with a letter dated XX/XX/XXXX. On and for the record, an agent at FIFTH THIRD BANCORP is attempting to ignore the fact that the debt attached to my automobile has been discharged by my filing of 1099A. This agent is attempting to continue debt collection on this debt and is seeking to continue UNLAWFUL attempts to repossess my property. On and for the record, in addition to my 1099A filing, I have converted the installment contract attached to the debt obligation into a marketable security by Endorsing the contract in accordance with 31 CFR 328.6 to settle the debt obligation in equity, as I did when I endorsed the initial agreement on the day of purchase of the automobile. Equity regards as done what ought to be done and this debt has been tendered and settled since my initial endorsement on the original contract. Despite this fact, a new copy of this endorsed marketable security shall be attached to this notice/complaint to settle this matter, again. I hereby authorize FIFTH THIRD BANCORP to utilize the contract/ marketable security to settle any and all financial obligations attached to my name and ensure that all accounts attached to my name and ssn are updated to reflect a XXXX balance PAID AS AGREED in accordance with 31 CFR 328.6, HJR 192, UCC 3-306, UCC 3-104 et al. 
Furthermore, as stated in previous notices, I XXXX XXXX REVOKE the following specified sections of the consumer contract between me and FIFTH THIRD BANCORP. Section ( s ) 3d. where I voluntarily gave authority to FIFTH THIRD BANCORP to Reposses the vehicle, 3a. which states You may owe late charges 3b. Which states You may have to pay all at once, 3c. Which states You may have to pay collection costs 3f. Which states that We will sell your vehicle if you do not get it back. Also, I RESCIND AND REVOKE section 2c. where I granted security interest to FIFTH THIRD BANCORP of vehicle and the negotiable instrument ( s ) any and all portions of the contract between me and FIFTH THIRD BANCORP where I granted FIFTH THIRD BANCORP a security interest in the financed property. A IRS Form XXXX POA revocation and XXXX change of responsible party were also filed to terminate any authority I XXXX have unknowingly given to XXXX XXXX XXXX XXXX past. 

Based on this fact, I have filed a XXXX XXXX on the financed property myself further evidencing that this debt has been settled and that I am now the legal holder in due course over the note and lawful owner of the financed automobile with a perfected security interest in the negotiable instrument and the financed property. Despite these facts, I am in fear that FIFTH THIRD BANCORP may commit Unfair Deceptive Acts and Practices by unlawfully attempting to steal my liened property despite the fact that the IRS documents attached to this notice confirm the discharge of the alleged debt since XX/XX/XXXX, despite the lien filed against the property and despite the fact that I have again converted the contract attached to this debt obligation into a marketable security in accordance with 31 CFR 328.6 to settle this obligation, again. 
The fact that FIFTH THIRD BANCORP has removed their lien as evidenced by a UCC-11 search, is further evidence that the debt has now been settled and I XXXX ; XXXX now can exercise my rights as the entitlement holder/appropriate person in regards to the negotiable instrument that I loaned to FIFTH THIRD BANCORP and I now have the rights as the holder in due course in regard to the negotiable instrument attached to the alleged debt as well as the financed property. A copy of this notice has been sent to the Secretary of State Tahesha Way to request a UCC-3 Release of Lien against my car title.

Company response to consumer: Closed with explanation