Date Received: 2021-07-27
Issue: Closing an account
Subissue: Funds not received from closed account
Consumer Complaint: TD Bank decided to close the banking relationship but refuses to release my funds even though I have more money than the hold is for. The account has been in hold status since XX/XX/26. They refuse to release any funds
Company Response:
State: FL
Zip: 34652
Submitted Via: Web
Date Sent: 2021-07-27
Company Response to Consumer: Closed with non-monetary relief
Timely Response: Yes
Consumer Disputed: N/A
Date Received: 2021-07-27
Issue: Managing an account
Subissue: Problem using a debit or ATM card
Consumer Complaint: It all started around XXXX on Saturday XX/XX/XXXX. I had dinner with a friend earlier in the evening and we had stopped off at a spa on that was open late. The massage ended around XXXX and even though I had charged my card inside the place, I wanted to leave a cash tip, so I went to the ATM outside. I put my card in and the ATM was acting bizarre. It had the XXXX XXXX and was spinning constantly. I tried a few more times and somebody came by to " help me '' with the ATM. I found it bizarre, but he just seemed drunk and helpful. I shrugged him off and told him I had it. Unfortunately, no money ever came out and I just left. Somewhere along the way I must have dropped my card because when I awoke the next morning and my bank was negative XXXX. I don't know if the man who " tried to help '' stole my card and saw my pin number, but I do know what the charges were : -a {$10.00} deli charge - {$100.00} to XXXX XXXX two large ATM WithDrawls {$200.00} and {$800.00}, plus a bunch of balance inquiries at XXXX, with one of them in an entirely different borough! I called TD and they cancelled my card, but said I would have to wait for the charges to clear to file a claim. The next Tuesday ( XX/XX/XXXX ), I was finally able to file the claim. I never heard back from my bank -- for an entire week. I reached out today and they replied that they couldn't prove that it wasn't me. I am stupid, I know for dropping my card, but my bank clearly hasn't looked into the ATM security footage or any other point of an investigation. I have lost all faith in them and I don't want to stay there any longer, but not until they sort this out.
Company Response:
State: NY
Zip: 11704
Submitted Via: Web
Date Sent: 2021-07-27
Company Response to Consumer: Closed with explanation
Timely Response: Yes
Consumer Disputed: N/A
Date Received: 2021-07-27
Issue: Managing an account
Subissue: Problem using a debit or ATM card
Consumer Complaint: On the CFPBs website ( https : //www.consumerfinance.gov/compliance/compliance-resources/deposit-accounts-resources/electronic-fund-transfers/electronic-fund-transfers-faqs/ # electronic-fund-transfers ) under Electronic Fund Transfer FAQs it states the following : 1. If a third party fraudulently induces a consumer into sharing account access information that is used to initiate an electronic account fund transfer from the consumers account, does the transfer meet Regulation Es definition of unauthorized electronic fund transfer? Yes. Regulation E defines an unauthorized electronic fund transfer ( EFT ) as an EFT from a consumers account initiated by a person other than the consumer without actual authority to initiate the transfer and from which the consumer receives no benefit. 12 CFR 1005.2 ( m ) .Comment 1005.2 ( m ) -3 explains further that an unauthorized EFT includes a transfer initiated by a person who obtained the access device from the consumer through fraud or robbery. Similarly, when a consumer is fraudulently induced into sharing account access information with a third party, and a third party uses that information to make an EFT from the consumers account, the transfer is an unauthorized EFT under Regulation E. For example, the Bureau is aware of the following situations where a third party has fraudulently obtained a consumers account access information : ( 1 ) a third party calling the consumer and pretending to be a representative from the consumers financial institution and then tricking the consumer into providing their account login information, texted account confirmation code, debit card number, or other information that could be used to initiate an EFT out of the consumers account, and ( 2 ) a third party using phishing or other methods to gain access to a consumers computer and observe the consumer entering account login information.EFTs stemming from these situations meet the Regulation E definition of unauthorized EFTs. Updated XX/XX/2021 The exact scenario described above, in ( 1 ) of the second paragraph, is what happened to me. Despite this, TD Bank has twice reviewed and denied my Regulation E dispute claim. On Monday, XX/XX/2021 while driving back to Washington DC from XXXX XXXX XXXX XXXX I received multiple calls from a number with the caller ID, TD Bank. In the car with me were my father ( age XXXX ) and younger brother ( age XXXX ). At XXXX XXXX, I finally picked up the phone and was greeted by a woman who claimed to be a member of TD Banks Fraud Department. This woman gave me her name and then earned my trust by calmly telling me that a fraudulent charge had been made on my account ( a {$650.00} purchase on XXXX ), that she would help me deal with it, and that in order to ensure she was speaking to the correct person, she needed me to confirm the following information, information she then provided me with that I believed only my bank would have, namely my name, address, and bank account number on file, as well as my recent transaction history - including dates and amounts. Once I had confirmed my identity, the woman then informed me she was going to secure my account by logging me out and changing my log-in information. She told me I was going to receive prompts from TD Bank on the phone and that I needed to confirm the numbers I received with her. After doing this, the woman then told me hackers had likely gotten my information from XXXX and had me go on XXXX and disable my debit card from my XXXX account. After this, she told me she saw Zelle payments pending from my TD Bank account and informed me that I would soon receive texts which I needed to approve in order for TD Bank to authorize repayment to my account. Once I had approved of these texts, she then informed me she was going to issue me a new debit card. It was at this point, at approximately XXXX XXXX, I received a flood of emails ( the data service on the road I was driving was poor ) which included emails about XXXX charges stemming from my account ( as opposed to coming into my account ) and an email from Card Verification Services about a new card being added to my digital wallet. At this point, I became immediately suspicious of the woman on the phone and used my brothers phone to call TD Banks customer service line myself. While waiting for TD Bank to answer, I recorded my conversation with the woman on the phone with my fathers phone ( I am attaching that recording below as a voice note - as you'll hear, she claimed TD Bank was attaching a new card to my mobile wallet so that I'd have access to a debit card while I waited for a new one to come in the mail ). Once TD Banks customer service line put me in touch with a representative, I apprised the representative of the situation. The TD Bank representative immediately froze my account and told me to hang up, which I did. The TD Bank representative then looked at my account and told me that because the XXXX charges from my account were still pending, there was nothing to be done and the best thing for me to do would be to go to a TD Bank branch office the next day ( once the charges had finalized ), explain what happened, and file a dispute. She informed me that this was quite common and that I would be reimbursed in 8-10 business days. On XX/XX/XXXX, the following day, I walked into the TD Bank branch office on XXXX XXXX XXXX XXXX in Washington DC, explained everything that had happened, filed a dispute, and created a new checking account as my old one was frozen. I provided TD Bank with the voice note of my conversation as well as screenshots of emails that showed my TD Bank online banking password had been changed on XX/XX/XXXX at XXXX XXXX, an account called Td Refund had been added to my TD Bank account at XXXX XXXX, a payment of {$400.00} was sent to Td Refund from my TD Bank account at XXXX XXXX, a second payment of {$400.00} was sent to Td Refund from my TD Bank account at XXXX, a third payment of {$200.00} was sent to Td Refund from my Bank Account at XXXX XXXX, a fourth payment of {$400.00} ( for a total of {$1400.00} ) was sent to Td Refund from my TD Bank account at XXXX XXXX, and that I had received an email from Card Verification Services alerting me to a new TD Bank payment account to my digital/mobile device at XXXX XXXX. I will be attaching all these screenshots as well as a screenshot of my phone at XXXX XXXX at exactly this time I was on the phone with someone whose caller ID was TD Bank - confirming that aspect of my story ( I will also be including a picture of that screenshot that shows the time because the original screenshot automatically crops it out ). After speaking with a representative at the TD Bank office I waited. On XX/XX/XXXX, I called the branch office and asked for an update. I was informed that my dispute had been denied because TD Banks records showed I had authorized the transactions. The representative told me thats all she knew but that I should re-file my dispute as the original form she was able to submit wasnt long and didnt include all the details I had provided her. I proceeded to give her all the information I could and asked to file another dispute. That night, I did my own research on Regulation E and discovered the information I noted at the beginning of this, in which the CFPBs website explicitly states that EFTs stemming from situations such as the one I was party to meet Regulation E definition of unauthorized EFTs. With this new information, I called TD Bank on XX/XX/XXXX ( the following Monday ) and asked to speak directly with the Dispute Department. Once connected with the department, I spoke to a woman who told me the only dispute she found under my name had been dealt with and that I had been denied. She then asked if I wished to file another dispute for this same incidence and I said I did and provided her with all the information I had initially provided the branch office. After informing her of the information I had found on the CFPBs website, she told me that in order for me to include that information in my dispute I would need to print it out and fax it to the dispute department. On XX/XX/XXXX, the following day, I went back to the branch office in Washington DC, had a representative print out the information directly from the CFPBs website and fax said information to TD Banks Dispute department. On XX/XX/XXXX, I called TD Bank for an update on this second dispute. After eventually reaching a representative in the Dispute Department I was informed that I had been denied a second time. While on the phone with this representative, I explained what had happened to me and directed him to the CFPBs website. After reading the information I listed above, this representative told me that he agreed that I should be covered but that TD Bank follows Visas Internal Policies and that under those policies I was being denied. He then told me to wait to receive the letter in the mail from TD Bank to see if that letter held additional information. Last week, I finally received that letter ( I had to have it forwarded to me as Im currently traveling ) which again denied my Regulation E dispute claim. As to TD Banks reasons, the letter states the following : Please be advised that your claim is denied for reasons including that our records show that the transactions were authorized by the account holder. Very simply, a third party called me pretending to be a representative from TD Bank and then tricked me into providing texted account confirmation codes which the third party then used to initiate EFTs out of my account. According to the CFPBs own website, these transactions are unauthorized EFTs and are covered by Regulation E. TD Bank claiming otherwise is unacceptable.
Company Response:
State: CT
Zip: 068XX
Submitted Via: Web
Date Sent: 2021-07-27
Company Response to Consumer: Closed with explanation
Timely Response: Yes
Consumer Disputed: N/A
Date Received: 2021-07-27
Issue: Incorrect information on your report
Subissue: Information belongs to someone else
Consumer Complaint: I notified TD Bank in XX/XX/2020 about a fraudulent account opened in my name and they are still reporting it. ( XXXX )
Company Response:
State: PA
Zip: 173XX
Submitted Via: Web
Date Sent: 2021-07-27
Company Response to Consumer: Closed with non-monetary relief
Timely Response: Yes
Consumer Disputed: N/A
Date Received: 2021-07-27
Issue: Problem with a credit reporting company's investigation into an existing problem
Subissue: Their investigation did not fix an error on your report
Consumer Complaint: I am a victim of identity theft. The following accounts were opened without my knowledge, consent or authority. I have no idea how the theft took place, nor do I have knowledge of the suspects. I did not receive any money, goods, or services as a result of the identity theft.
Company Response:
State: NY
Zip: 10977
Submitted Via: Web
Date Sent: 2021-08-05
Company Response to Consumer: Closed with explanation
Timely Response: Yes
Consumer Disputed: N/A
Date Received: 2021-07-26
Issue: Incorrect information on your report
Subissue: Account status incorrect
Consumer Complaint: This complaint is against TD Bank in reference to CFPB complaint # XXXX-XXXX. TD Bank 's XX/XX/XXXX response to this complaint was : " DESCRIPTION OF NON-MONETARY RELIEF We sent an update to the credit bureaus to reflect the account status as Paid in Full effective XXXX " This has not occurred, according to a credit report ( via XXXX ) by : XXXX, on XX/XX/XXXX -- Current Status of TD account : " Charge-Off '' Status of : XX/XX/XXXX XXXX, on XX/XX/XXXX Current Status of TD account : " Charge-Off '' Status of : XX/XX/XXXX XXXX, on XX/XX/XXXX -- Current Status of TD account : " Active '' Status of : XX/XX/XXXX I contacted XXXX via phone on XX/XX/XXXX who verified the data on the XX/XX/XXXX report. I filed a dispute during this phone call. Since TD 's XX/XX/XXXX written resolution, I have been accessing updated credit reports on a monthly basis, which have displayed data similar to the current reports. I had followed up with TD 's representative and connected with her by phone, twice, over the past two months. I was told that the lack of changes or the incorrect changes to the status ( both exist ), were part of the updating process and to wait another 30/60 days. Finally, TD 's representative told me that if the credit reports ' data remains incorrect after XX/XX/XXXX, it is now an error with the bureaus and not with TD Bank. I will be addressing this with Connecticut 's Department of Banking, per my attorney 's recommendation.
Company Response:
State: CT
Zip: 06074
Submitted Via: Web
Date Sent: 2021-07-26
Company Response to Consumer: Closed with explanation
Timely Response: Yes
Consumer Disputed: N/A
Date Received: 2021-07-26
Issue: Advertising and marketing, including promotional offers
Subissue: Didn't receive advertised or promotional terms
Consumer Complaint: XXXX XXXX XXXX XXXX XXXX advertises 12 months interest free financing. They Use TDbank to underwrite and make the loans. they demonstrate a payment based on a loan amount. When you apply for the loan they don't ask you how much you need to qualify for and then approve you for a small amount. The creditor then advises they don't offer loan above 5 thousand dollars and increases are not allowed. Its misleading. If they only offer loans up to a certain amount then they should cap it there on the site and advise as such.
Company Response:
State: CA
Zip: 91403
Submitted Via: Web
Date Sent: 2021-07-26
Company Response to Consumer: Closed with non-monetary relief
Timely Response: Yes
Consumer Disputed: N/A
Date Received: 2021-07-26
Issue: Incorrect information on your report
Subissue: Account status incorrect
Consumer Complaint: Hello, I was lied to on XX/XX/2021 by a Target XXXX XXXX XXXX employee during a phone call interaction regarding my account. I asked Target XXXX XXXX XXXX Fraud and Guest Relations to pull and listen to that phone call, so they could see how the employee deceptively had me take actions on my account that did not properly impact my account as she indicated it would. I have my account in a status I did not want, which is due to the interaction with that employee back on XX/XX/2021. Target XXXX XXXX XXXX and Guest relations continue to refuse to help and I've done all I can so far. I also now have a 30 days past due mark on my Credit Bureau reports for XX/XX/2021, which I'm really frustrated about, since I've always maintained 100 % payment history. This is now back to current as of XX/XX/2021. This was all caused by a deceptive employee and the interaction whom Target XXXX XXXX XXXX and Guest Relations continue to refuse to investigate further. I've contacted them every few days since this occurred back on XX/XX/2021 to try to have this resolved but, they just continue to refuse to. Please help correct this, since they refuse to assist and this has now impacted my credit payment history from 100 % to 99 %. I take these things very seriously and am very unhappy by the deception and what I would even consider fraud by that Target XXXX XXXX XXXX Employee on XX/XX/2021. Thank you.
Company Response:
State: CA
Zip: 94066
Submitted Via: Web
Date Sent: 2021-07-26
Company Response to Consumer: Closed with explanation
Timely Response: Yes
Consumer Disputed: N/A
Date Received: 2021-07-26
Issue: Improper use of your report
Subissue: Credit inquiries on your report that you don't recognize
Consumer Complaint: I just looked at my credit report and saw that I had 5 Inquries pop up on my XXXX on XX/XX/XXXX, 1 on XX/XX/XXXX, 1 on XX/XX/XXXX, 1 on XX/XX/XXXX and 1 on XX/XX/XXXX. Then on my XXXX I see 5 Inquries on XX/XX/XXXX. I don't know where any of these inquires came from and they are affecting my report.
Company Response:
State: PA
Zip: 18062
Submitted Via: Web
Date Sent: 2021-07-26
Company Response to Consumer: Closed with explanation
Timely Response: Yes
Consumer Disputed: N/A
Date Received: 2021-07-25
Issue: Managing an account
Subissue: Fee problem
Consumer Complaint: I was a customer of TD bank in XXXX and they let bills come out of my account that werent authorized they ended up wracking up XXXX bank account because of fees and paying for things that werent authorized
Company Response:
State: CT
Zip: 06340
Submitted Via: Web
Date Sent: 2021-07-25
Company Response to Consumer: Closed with explanation
Timely Response: Yes
Consumer Disputed: N/A