TRUIST FINANCIAL CORPORATION


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

Checking or 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
Credit card - General-purpose credit card or charge card
Credit card - Store credit 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 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
Debt collection - Credit card debt
Debt collection - Federal student loan debt
Debt collection - I do not know
Debt collection - Mortgage debt
Debt collection - Other debt
Debt collection - Payday loan debt
Debt collection - Private student loan debt
Debt or credit management - Debt settlement
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
Mortgage - Conventional home mortgage
Mortgage - FHA mortgage
Mortgage - Home equity loan or line of credit (HELOC)
Mortgage - Other type of mortgage
Mortgage - Reverse mortgage
Mortgage - VA mortgage
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 - Personal line of credit
Payday loan, title loan, personal loan, or advance loan - Title loan
Prepaid card - General-purpose prepaid card
Student loan - Federal student loan servicing
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: 5036100

Date Received: 2021-12-22

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: XXXX and XXXX is reporting the account type as an auto loan this is factually incorrect because The account you are reporting is identified as an " installment loan '' which is factually incorrect. The true account type for this account is a " Credit sale Agreement '' I have the right to an accurate credit file and discrepancies like this are unacceptable XXXX XXXX and XXXX also failed to mark this account as disputed violating CRA 623 ( a ) b ) by failing to mark this disputed account as disputed

Company Response: Company has responded to the consumer and the CFPB and chooses not to provide a public response

State: TX

Zip: 75154

Submitted Via: Web

Date Sent: 2021-12-22

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 5035689

Date Received: 2021-12-22

Issue: Problem with a lender or other company charging your account

Subissue: Transaction was not authorized

Consumer Complaint: Scammed called, sent XXXX via XXXX Cant reach bank

Company Response: Company has responded to the consumer and the CFPB and chooses not to provide a public response

State: NC

Zip: XXXXX

Submitted Via: Web

Date Sent: 2021-12-22

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 5035508

Date Received: 2021-12-22

Issue: False statements or representation

Subissue: Attempted to collect wrong amount

Consumer Complaint: On Tuesday, XX/XX/2021, I received a collection call from Lightstream ( A division of SunTrust Bank/ now Truist ). During this call, the agent committed numerous violations of my consumer rights. During this call, after I disputed the validity of the alleged debt, the agent informed me further collection activities would continue. I told her tat would be a violation. I told her they have 5 days to send me validation of the alleged debt. Today ( XX/XX/2021 ) is the 6th business after the initial call and I've yet to receive any response, which violates 15 usc 1692g ( a ). On XX/XX/2021, I sent them ( SunTrust Bank ) a cautionary notice and invoice for those violations I found. I need them to provide me with all documentary materials related to my consumer credit transaction.

Company Response: Company has responded to the consumer and the CFPB and chooses not to provide a public response

State: NC

Zip: 28054

Submitted Via: Web

Date Sent: 2021-12-22

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 5035077

Date Received: 2021-12-22

Issue: Trouble during payment process

Subissue:

Consumer Complaint: In XX/XX/2021, I experienced an issue with my mortgage payment. As a result, I failed to make the month 's payment, but upon notification, I paid it immediately and kept the mortgage current. In XXXX of XXXX1, I we served a legal notice unrelated to this issue by my ex-wife. In the document, reference was made to my payment history, including the event mentioned above, as well as the exact payoff, etc. This contemporary information would only be available with access to my account. I realized then with Suntrust 's automated phone system, with my social security and property zip code, anyone could access my account for protected financial information. This access is available to my employer, creditors, educational institutions, and any other entity with access that data. In talking with Suntrust, they stated there is nothing they could do to resolve or prevent future access by any unauthorized person. I even offered a current post office zip code which is different, but they stated it had to be the same as the property location. The customer service representative told me not to worry that many people have this problem. After demanding to speak with a manager, he stated he would research it and contact me today. I have not heard from them and my personal information remains exposed.

Company Response: Company has responded to the consumer and the CFPB and chooses not to provide a public response

State: NC

Zip: 28104

Submitted Via: Web

Date Sent: 2021-12-22

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 5032138

Date Received: 2021-12-21

Issue: Problem caused by your funds being low

Subissue: Overdrafts and overdraft fees

Consumer Complaint: It appears Truist manipulated debit purchases to hammer me with overdraft fees. I went to bed last night with a balance of {$80.00} in my checking account. Some transactions were still pending however my balance already reflected what was already taken from my account. When I woke up I checked my account and It was overdrafted by {$2.00} however they charged me XXXX in overdraft fees. This isnt the first time Ive assumed something shady has happened. I strongly believe Truist like many other banks manipulate debit card transactions to maximize their profits from common people like myself with overdraft fees.

Company Response: Company has responded to the consumer and the CFPB and chooses not to provide a public response

State: VA

Zip: 20148

Submitted Via: Web

Date Sent: 2021-12-21

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 5032122

Date Received: 2021-12-21

Issue: Problem caused by your funds being low

Subissue: Overdrafts and overdraft fees

Consumer Complaint: After multiple failed attempts to reach customer service, I am having overdraft fees and negative balance fees regularly added to my account. I have not transferred funds there because I wanted to ensure that could I could take care of the first charge before erroneously adding a second. Now its stating I owe the bank {$200.00} dollars and none of my attempts to reach customer service have been successful up to this point.

Company Response: Company has responded to the consumer and the CFPB and chooses not to provide a public response

State: GA

Zip: 30309

Submitted Via: Web

Date Sent: 2021-12-21

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 5030952

Date Received: 2021-12-22

Issue: Problem with a lender or other company charging your account

Subissue: Can't stop withdrawals from your account

Consumer Complaint: I opened a new account with BBnT, now Truist. I was traveling. I thought I transferred some funds from XXXX into said account. I made a charge and it went through thus thinking yes I had made said deposit. I returned home form my business trip and realized on Monday that several charges had gone thru with resulting overdraft charges of {$36.00} x XXXX. I was also hit with an additional overdraft fee a week later a s I tried to fight these fees. I reached out to the Truist XXXX line and they could not reverse any of the charges nor turn off the feature allowing me to spend money that is not in my account feature. I then reached out to my banker, but he did not respond. I later went into a branch a week later when I could and found out he had left the bank and I had a new banker. He did not respond to my voicemails or emails even though they were forwarded to him.He also has been unable to reverse any of the charges nor turn off the money I don't have spend feature. Is this legal? I'd like the 6 overdrafts reversed and this feature that allows endless use of funds that I do not have and subsequent overdraft fees turned off on my account. Please help.

Company Response: Company has responded to the consumer and the CFPB and chooses not to provide a public response

State: FL

Zip: 327XX

Submitted Via: Web

Date Sent: 2021-12-22

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 5030635

Date Received: 2021-12-21

Issue: Managing an account

Subissue: Funds not handled or disbursed as instructed

Consumer Complaint: I made a complaint regarding Truist constantly accessing fees to my account previously. My personal account was closed. The fraud department debited my account {$300.00} that caused more more overdrafts. I received no follow up after my first complaint to The Consumer Financial Protection. On XX/XX/XXXX I had a deposit unknowingly go into the personal account that was closed. I called on Tuesday XXXX 2021 to inquire about the deposit. I was informed my a phone representative that the deposit wasnt sent back but taken by the bank to be applied to a debt that I dont even owe. The bank charged me fees do to merchant error. The bank should not have taken my deposit it should have been returned to the merchant.

Company Response: Company has responded to the consumer and the CFPB and chooses not to provide a public response

State: NC

Zip: 27703

Submitted Via: Web

Date Sent: 2021-12-21

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 5029490

Date Received: 2021-12-21

Issue: Managing an account

Subissue: Deposits and withdrawals

Consumer Complaint: I have a rental property in XXXX On XXXX XXXX, my tenant, an XXXX single mother, contacted me in a panic as BB & T ( now Truist ) would not accept her deposit to pay the rent. I contacted the company, they informed me they now have a policy to not accept cash deposits except from the account holder. They also informed me, there is no Federal regulation which requires this, it is a company policy " to prevent money laundering '', that they could accept deposits by check or money order. I asked to have a written copy of the policy sent to my email account. I never received a copy of the policy. As I am on vacation in XXXX ( I live in XXXX ), I visited a local branch ( XXXX XXXX XXXX XXXX XXXX, XXXX XXXX ) on XXXX. The representative ( XXXX ) I spoke with, informed me it was not a " policy '', but instead an agreement between Banks. He could show me on the screen, but he could not print it out since it was an " internal bank document ''. He confirmed there is no IRS or SEC regulation requiring such a standard, and it was to prevent money laundering. He also told me if I opened a business account, then they could accept cash deposits from anyone. I also called XXXX XXXXXXXX XXXX as they have a branch near my property in XXXX, but they informed me they have the same policy. They are happy to send a copy of the policy to my mailing address. I find this reprehensible. I charge a minimal rent ( less than {$1000.00} a month ). The family is on a tight budget, and having to purchase a money order is a small, but unnecessary expense. If there were significant amounts being deposited in my account, I would be willing to believe they have a legitimate concern, but this is ludicrous.

Company Response: Company has responded to the consumer and the CFPB and chooses not to provide a public response

State: UT

Zip: 840XX

Submitted Via: Web

Date Sent: 2021-12-21

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 5027944

Date Received: 2021-12-21

Issue: Managing an account

Subissue: Deposits and withdrawals

Consumer Complaint: Truist, the old SunTrust, overnight change the way they process debits and credits. For 15 years it has always been the same and I know what nights they process and what nights they dont. They have change that with no notification to their customers so that they can bounce checks on people and charge fees. They are also now holding transfers from one SunTrust account to another which they have never done. They have always been instantaneous. This new Bank is a total mess and its causing me tremendous problems in trying to navigate the new system which they are keeping a secret from the customers.

Company Response: Company has responded to the consumer and the CFPB and chooses not to provide a public response

State: FL

Zip: XXXXX

Submitted Via: Web

Date Sent: 2021-12-21

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.