Question for you internet lawyers
 

To: My fellow Salty Cajuns

From: Ticked off in Youngsville

I sold my truck on October 1. The payoff was $X. The bank the buyer used paid that amount - $X. The title was mailed to that bank. Toyota sends me a letter saying the account was overpaid in the amount of $996.20 and a check was given to me in which I deposit. On November 18 (41 days later), I get a letter saying I OWE $1,007.97 to Toyota due to the amount of X + 996.70 (plus interest) that was erroneously posted to my account in error!

I calmly call customer service and speak with 10 different people and have to give each one of them my updated information, so about the time I get up the chain to a manager I am really perturbed. He says I owe them the money even though it is their fault and that in the future if someone gives me a check I should call about it before I cash it! I told him that when someone makes an error it should not take 41 days to process, but that is beyond the point.:(:cry:

My questions are:

Do I owe them the money for their error?



and

Should I call IronMan?

No

Yes, I would pay up but I would argue the intrest charges.

I refuse to pay the interest. I will stick it to em:grinpimp::(:pissed::cry:

I am so mad right now, I have not had this truck for nearly 2 months and I still have to make payments on the SOB! Told the manager person wife and I were about to sign the paperwork on a new Tundra and a new Highlander but we aren't now, but they didn't bite:redface:

x2.. i wouldnt pay a dime of interest fo rthe 41 day period it took them to notify you

Yes, I agree....that really sucks..:(

I picked a bad week to stop sniffing glue

Yes, you owe the principle amount. You had to have an idea what you owed on the truck so when you received the check it had to not make complete sense. Would not pay interest charges.

My "thing" is that the title is NOT in my name, the lien has been released. I should have no more dealings with Toyota.

I do remember when I was in the military some soldiers got overpaid and Uncle Sam came back to get that money. They worked for free for a few months

after you pay em off, mail them another check and charge them 33% interest from the mail date

^ :lol:

I'd tell them they will get it minus the intrest but I need to make installments to the tune of about 10 bucks a month, intrest free. If you don't care about your credit tell em to shove it.

Pay the amount that the check was for. Tell them u got a lawyer and are willing to fight the interest charges.


I sold my ford last October. The dealer didn't pay my loan off the the old loan company till jan .... So I got hit with 3 months on non payment. Hit my credit score hard. But after calling, writing , calling more and finally getting a letter from the dealer explaining it was their error the old loan company contacted the credit score companies & got the 3 month late payment take off. But the actual score was not fixed...

So advice for everyone; stay ontop of that stuff when u trade vehicles!! Get the payoff in writing! Get all the info you can ASAP!

Best of luck to ya man!

`I wouldn't pay interest on there error! I'd pay back the money they sent in error, I went to school with a girl who noticed 7K more in her bank account then what was suppose to be in it, she went out and spent it, had to get a loan to pay back bank

Bet she rode the short bus to school!

If you know you are paid more than you deserve, it's best to NOT spend the money. I've got one now from and insurance co. that I'm sure they'll be calling about. I ran the check because it took 2 months to get paid by them but, the excess is in the bank and waiting on them to call for it. I'll be glad to pay it back but, I will not pay any interest. The only reason I ran it in the first place was because of how long I figured it would take to get the correct one! They were SLOW!:pissed:

I paid a stripper twice the amount on accident and she refused to give me the money back, she did not deserve that money

I got hit up with late fees once on my house note because the bank had been puting my payments in someone elses account. Crazy thing is that it was me who had to figure out what was going on and have them fix it. They took care of the late fees, but man that was a pain in the a**.

Stripper...X2:rotfl:

That is the problem, I will end up paying them but if it would not have been 41 days later I would have been a little less frustrated. Right at Christmas time too:redface:

I should tell that story to Toyota.




I AM going to tell that story to Toyota:D

right before I pay them:(

Why are you still making payments on the truck? You traded it in and the dealership didn't pay it off??? I'd go after the dealership to pay this fee to the bank

Great question! Sold the vehicle on autotrader 40 + days ago. Guy paid the payoff amount to Toyota. Done deal so i thought, but whomever received the check and entered the amount into the computer added an extra $1000 (their fault). I get a check saying the payoff was overpaid, (yay me right?!). Payoffs change all the time with interest rates, etc. Didn't think twice, deposit the check, 41 days later get letter saying I owe that money back (plus interest:shaking:) due to an error on their part, they admit their error, I still owe the money apparently. Called my best friend attorney thinking I am in the right, unfortunately I am not, on top of all this my freezer went out = bad week:(

I will not be paying the interest on their behalf, that does not amount to much but it will make me feel better. I was just about to lay down some cash on a few things, but instead I will be paying for a truck I have not even ridden in in over a month and a half. I will be writing a letter to Toyota telling them of this experience. I do not want anyone to be fired, as mistakes happen all the time and in this economy jobs are pretty scarce, but this just flat sucks to pay for something I don't even own. It is about like paying installments on a lapdance you had 3 months ago, the thrill is gone