FIFTH THIRD FINANCIAL CORPORATION


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"Products" offered by FIFTH THIRD FINANCIAL CORPORATION with at least one, but usually more complaints:

Bank account or service - (CD) Certificate of deposit
Bank account or service - Cashing a check without an account
Bank account or service - Checking account
Bank account or service - Other bank product/service
Bank account or service - Savings account
Checking or savings account - CD (Certificate of Deposit)
Checking or savings account - Checking account
Checking or savings account - Other banking product or service
Checking or savings account - Savings account
Consumer Loan - Installment loan
Consumer Loan - Personal line of credit
Consumer Loan - Title loan
Consumer Loan - Vehicle lease
Consumer Loan - Vehicle loan
Credit card -
Credit card - General-purpose credit card or charge card
Credit card or prepaid card - General-purpose credit card or charge card
Credit card or prepaid card - General-purpose prepaid card
Credit card or prepaid card - Gift card
Credit card or prepaid card - Government benefit card
Credit card or prepaid card - Payroll card
Credit card or prepaid card - Store credit card
Credit reporting -
Credit reporting or other personal consumer reports - Credit reporting
Credit reporting or other personal consumer reports - Other personal consumer report
Credit reporting, credit repair services, or other personal consumer reports - Credit repair services
Credit reporting, credit repair services, or other personal consumer reports - Credit reporting
Credit reporting, credit repair services, or other personal consumer reports - Other personal consumer report
Debt collection - Auto
Debt collection - Auto debt
Debt collection - Credit card
Debt collection - Credit card debt
Debt collection - Federal student loan
Debt collection - I do not know
Debt collection - Mortgage
Debt collection - Mortgage debt
Debt collection - Other (i.e. phone, health club, etc.)
Debt collection - Other debt
Debt collection - Payday loan
Debt collection - Payday loan debt
Debt collection - Private student loan debt
Money transfer, virtual currency, or money service - Check cashing service
Money transfer, virtual currency, or money service - Debt settlement
Money transfer, virtual currency, or money service - Domestic (US) money transfer
Money transfer, virtual currency, or money service - Foreign currency exchange
Money transfer, virtual currency, or money service - International money transfer
Money transfer, virtual currency, or money service - Mobile or digital wallet
Money transfer, virtual currency, or money service - Money order
Money transfer, virtual currency, or money service - Money order, traveler's check or cashier's
Money transfer, virtual currency, or money service - Refund anticipation check
Money transfer, virtual currency, or money service - Traveler's check or cashier's check
Money transfer, virtual currency, or money service - Virtual currency
Money transfers - Domestic (US) money transfer
Money transfers - International money transfer
Mortgage - Conventional adjustable mortgage (ARM)
Mortgage - Conventional fixed mortgage
Mortgage - Conventional home mortgage
Mortgage - FHA mortgage
Mortgage - Home equity loan or line of credit
Mortgage - Home equity loan or line of credit (HELOC)
Mortgage - Other mortgage
Mortgage - Other type of mortgage
Mortgage - Reverse mortgage
Mortgage - Second mortgage
Mortgage - VA mortgage
Other financial service - Check cashing
Other financial service - Money order
Other financial service - Traveler’s/Cashier’s checks
Payday loan -
Payday loan, title loan, or personal loan - Installment loan
Payday loan, title loan, or personal loan - Payday loan
Payday loan, title loan, or personal loan - Personal line of credit
Payday loan, title loan, or personal loan - Title loan
Payday loan, title loan, personal loan, or advance loan - Installment loan
Payday loan, title loan, personal loan, or advance loan - Payday loan
Payday loan, title loan, personal loan, or advance loan - Personal line of credit
Payday loan, title loan, personal loan, or advance loan - Tax refund anticipation loan or check
Payday loan, title loan, personal loan, or advance loan - Title loan
Prepaid card - General purpose card
Prepaid card - General-purpose prepaid card
Prepaid card - Gift or merchant card
Prepaid card - Government benefit card
Prepaid card - Government benefit payment card
Prepaid card - ID prepaid card
Prepaid card - Payroll card
Student loan - Private student loan
Vehicle loan or lease - Lease
Vehicle loan or lease - Loan
Vehicle loan or lease - Title loan

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Complaint ID: 3664056

Date Received: 2020-05-22

Issue: Fraud or scam

Subissue:

Consumer Complaint: I was scammed for a puppy on XX/XX/XXXX. I pod a deposit for the puppy and then the seller wanted the rest of the money and thats when I knew something was up. They seemed legit until that point. I paid {$350.00} through XXXX with 5/3. 5/3 stated that since I authorized the transaction that I will not be able to receive my money back, which I understand but figured there should still be more that can be done. I have photos for proof of the conversation. Just really want some money back if possible.

Company Response:

State: IN

Zip: 473XX

Submitted Via: Web

Date Sent: 2020-05-22

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3664042

Date Received: 2020-05-22

Issue: Trouble during payment process

Subissue:

Consumer Complaint: I have a HELO with Fifth Third Bank. It is setup, as mandated by the Bank, for automatic interest payments to come out of our Fifth Third checking account every month. The bank required us to open the checking account for the HELO loan - it was mandatory for the HELO terms. The bank also said that ONLY interest will be taken out each month from the checking account, and that we would need to make a separate principle payment IN ADDITION to the auto withdraw. Each month, I make one or two PRINCIPLE ONLY payments. I clearly note that it is principle only and I use Fifth Third 's online payment, by selecting OTHER PAYMENT option rather than the Regular Monthly Payment ( which is interest only ) and in caps in the memo I clearly specify that it is Principle Only. The Regular Monthly Payment Option is only for interest, and is not selectable since I have the mandatory auto pay from the checking for that interest payment. I called the bank and they refused to reapply my PRINCIPLE ONLY payment to the principle. They said I would need to call back in 10 business days and make another request. This is a common practice of Fifth Third bank and has been going on for over three years on both my mortgage and on my recent HELO. This banking practice makes it very difficult to paydown the balance and this practice should be illegal. After a second call and a conversation with the Supervisor, I was finally able to have them curtail the payment to a PRINCIPLE ONLY payment. However, the XXXX said that they DO NOT take early payments. Fifth Third does not allow you to pay your mortgage payment ahead of time. So if I wanted to pay XXXX and XXXX mortgage payments in XXXX, I can't do that. If I want to pay my principle on my HELO down before they deduct the interest, I can't do that. THIS BANK MAKES IT IMPOSSIBLE TO PAY PRINICPLE DOWN EARLY on HELOs and to make advanced mortgage payments.

Company Response:

State: GA

Zip: 313XX

Submitted Via: Web

Date Sent: 2020-05-22

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3662181

Date Received: 2020-05-21

Issue: Closing an account

Subissue: Can't close your account

Consumer Complaint: Fifth Third Bank 's procedures to close my account are unreasonably difficult and deceptive for consumers. I made a personal visit to a branch to close my checking and savings accounts back in XXXX. Though my checking account was closed, I logged in a couple of weeks later to see that my savings account was still open, with a balance of {$0.00} cents due to interest. I made 3 calls to Fifth Third telling them I don't want the XXXX cents, and they should close my account before they charge me any fees for a low balance. They told me I have to either visit a branch ( during a pandemic ) or complete a form. Despite 3 calls and several weeks of waiting, I still don't have the form to mail in after 2.5 weeks. I believe they intentionally make it difficult to close old and unwanted accounts so that they can charge customers excessive fees.

Company Response:

State: NC

Zip: 282XX

Submitted Via: Web

Date Sent: 2020-05-21

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3661790

Date Received: 2020-05-21

Issue: Communication tactics

Subissue: Frequent or repeated calls

Consumer Complaint: Fifth Third Bank is calling our number sometimes 3 times per day for someone who does not live here. They've been told the person doesn't live here and to stop calling, but they relentlessly call using various robo-dialers and sometimes fake numbers because now we've blocked them. This is the phone of an XXXX year old woman, not the XXXX year old they are looking for. They're harassing an elderly woman.

Company Response:

State:

Zip: 46342

Submitted Via: Web

Date Sent: 2020-05-21

Company Response to Consumer: Closed with non-monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3659759

Date Received: 2020-05-19

Issue: Other features, terms, or problems

Subissue: Problem with balance transfer

Consumer Complaint: I had my card data stolen and reported the fraud to 53 bank. Initially the said the charges were valid then I contested and finally they said they were fraud and I would receive credit. During the time of the fraud with the high balance showing ( XXXX ) I overpaid what I actually owed. I have contacted the bank numerous times to have this corrected and they keep telling me they will resolve in 3-5 days but the credit is on my cancelled card. I am trying to get the credit transferred to my new card balance but there are no results. This has gone on for about 6 months. I don't know what else to do but keep calling and getting empty promises.

Company Response:

State: IN

Zip: 46360

Submitted Via: Web

Date Sent: 2020-05-19

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3658396

Date Received: 2020-05-19

Issue: Incorrect information on your report

Subissue: Account status incorrect

Consumer Complaint: I have a issue with Fifth Third Bank. I was in the process of refinancing my loan when the corona virus hit and shut everything down. I had a hard time communicating with them due to the stay at home order. I talked to multiple people and was given different instruction. I was told that I will have my payment deferred for a few months while everything gets settled. That never happened and they kept reporting me late. I understand these were tough times and that bank employees were having a hard time navigating through this. But I was misled and my credit score suffered. Now I am told I cant refinance because of it. I have had multiple loans for over 40 years and never missed a payment. Fifth Third need to fix this as I was a loyal customer for over a quarter century.

Company Response:

State: OH

Zip: 44256

Submitted Via: Web

Date Sent: 2020-05-19

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3658123

Date Received: 2020-05-19

Issue: Problem with a credit reporting company's investigation into an existing problem

Subissue: Difficulty submitting a dispute or getting information about a dispute over the phone

Consumer Complaint: Fifth Third Bank is in violation of the following sections of 15 U.S.C. 1681 : 1 ) 1681a 2 ) 1681b 3 ) 1681c 4 ) 1681e 5 ) 1681i On XX/XX/2018, Fifth Third Bank made an unauthorized hard inquiry on my credit for the purpose of auto financing. During this time, I was deployed overseas and did not authorize anyone to make inquiries on my credit. I was unable to find the information needed to formally send a letter to Fifth Third Bank to dispute these inquiries. However, the inquiry made by Fifth Third Bank, along with others by other corporations during this time, significantly and negatively impacted my credit score.

Company Response:

State: NC

Zip: 27406

Submitted Via: Web

Date Sent: 2020-05-19

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3656205

Date Received: 2020-05-17

Issue: Fees or interest

Subissue: Unexpected increase in interest rate

Consumer Complaint: I opened a prepaid credit card and had the card for about a year, the limit of {$300.00}. you could not go over the limit because the card was setup that way, ran into a bit of work issues and wasn't able to make on time payments. Fifth 3rd bank decided it in their best interest to close the card, at which time the cards balance $ XXXX.they had my {$300.00} to clear the account but failed to do so, to this date they are still charging me interest and reporting to the credit bureau I now owe {$470.00} in late fees and over the limit fees. I called them and they try and say they can continue to charge me and report to the credit bureau, I am so confused how they can do this, I need help

Company Response:

State: IN

Zip: 46516

Submitted Via: Web

Date Sent: 2020-05-17

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3655572

Date Received: 2020-05-16

Issue: Getting a credit card

Subissue: Card opened as result of identity theft or fraud

Consumer Complaint: OnXX/XX/2020, I received a bill from Fifth Third Bank in the amount of {$8400.00}. Since I have never been a customer with Fifth Third Bank, much less applied for a line of credit with them, I immediately called their Resolutions Department to indicate that this was a case of identity theft. Judging from the bill, the card was maxed out in two days, with charges originating in Indiana. I live in Michigan. I explained to the agent in the Resolutions Dept that I had lately been the victim of several cases of identity theft with other banks and companies which occurred in the week directly after XXXX and the first week of XXXX. ( I placed a credit freeze with the three credit agencies around this time. ) The agent explained that the bank would be sending an affidavit for me to sign and notarize swearing that I was not responsible for the charges. I faxed Fifth Third Bank this affidavit as soon as I received it, on XX/XX/2020. After repeated inquiries on my part, I finally learned on XX/XX/2020 that Fifth Third Bank rejected my appeal. Their reason for doing so, according to the agent to whom I spoke, was that I did not include a police report. This took me by surprise since a police report had never been requested. In my naivete I had thought that this was a fairly self-evident case of identity theft. I have never maxed out a credit card in my life ; the fraud occurred in XXXX, IN, whereas I live in Michigan ; the same location was used in a XXXX XXXX obtained fraudulently in my name that XXXX XXXX reviewed and determined was a case of identity theft ; I did indeed file a police report on XX/XX/2020 ; and the bank had my sworn statement that I did not make the purchases, much less apply for the credit, it says I did. Fifth Third Bank has been apprised of all these particulars but nevertheless seems determined to extort more than {$8000.00} from me for no other reason than the fact that a thief has duped them into believing a lie. Given the failure of Fifth Third Bank to act in a timely manner in responding to my appeal and given its shifting account of what I must bring forward to prove my innocence, I have no other recourse but to file this complaint.

Company Response:

State: MI

Zip: 48105

Submitted Via: Web

Date Sent: 2020-05-16

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 3654563

Date Received: 2020-05-15

Issue: Incorrect information on your report

Subissue: Account information incorrect

Consumer Complaint: My debts were consistently paid on time until my XXXX on XXXX XX/XX/XXXX when the XXXX XXXX judge of XXXX XXXX assigned my mortgage and home equity line of credit debts to my ex spouse. Yet following the divorce 5/3 bank reported me to credit agencies, such as XXXX as paying late and has never corrected this error. As a result I can't get a credit card at XXXX and have a low credit rating which has caused me other problems. I have contacted 5/3 to resolve the matter and they responded in a letter dated XXXX XX/XX/XXXX which said that the divorce decree did not alter ownership of my debt. In paragraph # 2 of divorce case XXXX. XXXX XXXX XXXX states : 1. Plaintiff XXXX XXXX XXXX XXXX XXXX XXXX XXXX shall have no financial or other obligations with respect to the land contract ... 2. The three parcels of farmland ... shall be refinanced by the defendant ( XXXX XXXX XXXX so as to remove Plaintiff 's name XXXX XXXX XXXX XXXX from any and all obligations with the XXXX Bank. 3.If defendant XXXX XXXX XXXX XXXX is delinquent ( within a period of 60 days ) in any payment with regard to the two 5/3 bank accounts defendant shall ... cause them to be sold to ... pay both of the 5/3 bank obligations in full. [ He did not do this. ] 4. Refinancing shall be completed by Defendant as soon as possible not to exceed 30 days from the effective date of this order. Attached are 1 ) Pertinent pages from the divorce decree ( to include paragraph 2 ) 2 ) A 5/3rd letter, dated XX/XX/XXXX in which 5/3 states that the account has been paid in full and is closed.

Company Response:

State: OH

Zip: 434XX

Submitted Via: Web

Date Sent: 2020-05-15

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Select another page to read more about how -real people- receive -real harm- from these banks, credit bureaus, and others.