US Bank exposed – auto loans – Part 5 of 5

16 Comments

1. ckekinit says:

   December 7, 2008 at 12:48 am

   I knew a guy who had a loan that was set up against his home incase he was to drop dead he would be able to help out his wife and kids. Anyhow, He is still alive and kicking. So, back in 2004 he wanted to close it out and get that letter that said it was paid. It took the bank months to find out where it was. The Branch Manager after finding it said “The Sh*t is going to hit the fan one day”…and here we are.
2. PlatinumGordon says:

   December 8, 2008 at 5:13 am

   This is why Jesus Christ banned dept useary. Turns men into slaves.
3. stonerj0e says:

   December 9, 2008 at 8:42 pm

   what is dept ? is that short for department ?
4. idman83 says:

   December 18, 2008 at 11:13 pm

   This looser must have been fired All the banks do it the same
5. icedragonz210 says:

   December 23, 2008 at 5:32 am

   This is so dumb. I don’t understand what is being “exposed” here. Everything mentioned here is just common sense. OF COURSE when you don’t make payments on the thousands of dollars you borrowed, the bank will take the car away! It’s a “rip off” when somebody borrows thousands of dollars and doesn’t make at least the MINIMUM payment due each month.
6. matt32539 says:

   January 7, 2009 at 6:47 pm

   It seams so ingrained in us that we get a loan we pay interest but through out history they realized that this impoverishes people and make them virtually slaves and has been made illegal time and time again, but the banks keep at it and eventually they slip a law in and this is where we are now because of it. Things wouldn’t cost as much and therefore we wouldn’t need loans if it were not for banks.
7. theunben says:

   March 28, 2009 at 3:00 am

   I don’t know what you even mean about the fact that we don’t do auto loans at our branches. I do about 3 each week. and…While you are talking about bonuses, we also get a bonus for building relationships to a point that our customers would give us great scores when asked by a third party about their overall satisfaction. Customer Service levels are directly correlated to how much the manager at the branch cares about customer service. You said you were the manager? Hmmm…
8. jwerner79 says:

   March 28, 2009 at 2:02 pm

   Yes, branches do write auto notes for individual customers, but corporate wants to pull the large lots out of the branch. You need to listen to what I said again (it has not been edited).

   As for the bonuses, I remember the third-party surveys. In fact, I always scored high, but we did not receive quarterly bonuses for those in 2004. Maybe they do today.

   Thanks,
   Jason
9. osgood4060 says:

   April 28, 2009 at 1:11 am

   wow, the bank takes back something if you dont pay for it. shocking.
10. jwerner79 says:

    April 28, 2009 at 1:15 am

    “takes back something”? What would the bank be taking back?

    Thanks so much,
    Jason
11. osgood4060 says:

    May 12, 2009 at 1:39 pm

    I dont think that was unclear. You take out auto financing or a loan secured with that vehicle or its collateral. You dont pay, that collateral is retrived to satisfy as much of that debt as possible.
12. osgood4060 says:

    May 12, 2009 at 1:40 pm

    If you dont want to pay interest or deal with the banks then pay cash!
13. jwerner79 says:

    May 12, 2009 at 3:23 pm

    You missed the point.

    My point is that there is nothing to take back because the bank never owned it in the first place, therefore it is not a REpossession, whereas it would be considered a possession.

    Banks often use this lie that they are taking something back, as if they previously owned it. That misrepresenting the law and their own place in the transaction.because they’re saying they were the previous owners. It’s a common misconception all throughout America. Got it?

    Jason
14. jwerner79 says:

    May 12, 2009 at 3:27 pm

    People pay interest, but the point here is that banks lie.

    US Bank, although it’s one of the few ethical banks, is involved in fraud.

    The people should be able to do business with banks in an honest way for all parties involved. Truly, there are honest banks in the country, but not many.

    In the videos, I merely gave my account of the fraud around me when I was an employee.

    Thanks,
    Jason
15. tgz1000 says:

    August 3, 2009 at 11:43 pm

    There are honest banks? Where?
16. jwerner79 says:

    August 3, 2009 at 11:56 pm

    I know of 2: Third Federal Savings & Loan and Hudson City Bancorp. If anyone else knows of any others, please let me know.

    Thanks,
    Jason