Chase Auto Finance Miscalculated 1000's wrong - CEO Marc Sheinbaum

Here are all the collection notices and amounts Chase Auto Finance states I have owed them and the dates.

I have paid nothing since 10/2007 because they can't get the loan right. I was charged approx 17,000 INTEREST, 12,000.00 PRINCIPAL on a simple interest 9% loan.

You have to hire an hourly attorney to get somewhat of an accurate accounting.

As you will see below the Chase VP, Andy Sulfsted located at 900 Steward Avenue, Garden City, NY 11530 - TEL: 602-221-3835 tried to fix, inaccurately. He also demanded money from me I did not owe.

Chase Auto miscalculated my loan charging me 1000's too much in interest. AND, still threatening me with amounts I don't owe.

4/28/04 now owe 3,604.57 - Chase collection person Lloyd Boyed, if this is his real name, from TEL: 877-298-7590 x 55174

threatened my loan would be charged off in 2 days with a negative reflection on my credit.

4/14/04 now owe 2,618.63 - Amount from Chase Loan Summary Sheet.

4/7/08 Chase CREDITED 14,609.79 to my loan AFTER I hired an attorney. I made over 70 calls for help before this and there employees did nothing, including the Chase Vice President Andy Sulfsted.

3/28/08 now owe 18,870.36 per Chase Auto Finance Maturity Notice. However, I have a simple interest loan, not a lease.

3/20/08 owe 18,021.51 per Chase Auto Finance collection notice threatening me with legal action.

2/28/08 owe 18,704.91 per Chase Auto Finance Maturity Notice adding on fees of 797.00 for OTHER fees, who knows what this is for.

2/25/08 owe 17,228.42 per Chase Auto Loan Summary Sheet I ordered off the computer line.

2/20/08 owe 17,856.06 per Chase Auto collection notice threatening to exercise the legal options.

2/5/08 - approx 18,000.00 - Chase Auto Collection lady called. I told her I was represented by an attorney. She did not care, kept talking asking me questions, telling me to pay, she would find me anywhere.

1/28/08 owe 18,528.05 per Chase Auto Maturity Notice. I have a simple interest loan, not a lease. Should not be a Maturity notice.

1/2/08 owe 4,294.80 per Chase VICE PRESIDENT, Andy W. Sulfsted, LETTER AFTER MY ATTORNEY SENT HIM LETTERS. HE WANTED THE MONEY BEFORE 1/26/08. However, please see, that was not the amount I owed after all.

1/16/08 owe 17,656.38 per Chase Auto Delinquent notice threatening to report this information to credit bureaus.

12/10/07 owe 17,228.00 per Chase loan summary sheet I ordered off computer line.

11/27/07 owe 18,276.75 per Chase Auto Maturity Notice. Again, not a leased loan and to be a simple interest loan at 9%.

6/18/07 owe 17,228.07.42 per Chase Auto Loan Summary Sheet I ordered off the computer line.

I HAVE TWO QUESTIONs TO CHASE AND MR. RANDY W. SULFSTED. HOW MUCH MORE ARE YOU GOING TO PUT ME THROUGH BEFORE DOING YOUR JOB AND CALCULATING MY LOAN ACCURATELY.

Mr. Sulfsted needs to be replaced.

CEO Marc Sheinbaum of Auto and Education Finance for this company should be under FBI investigation.

Below Mr. Sheinbaums BIO;

NEW YORK, Jan. 23, 2007 -- Chase today appointed Marc Sheinbaum CEO of Auto and Education Finance, which focus primarily on indirect lending.

Sheinbaum has spent the last 22 years as a key executive in consumer finance at General Electric and American Express, most recently as President of GE Money Services.

"Marc has excellent business sense, discipline and management experience, and he understands the importance and potential of a powerful brand," said Charlie Scharf, CEO of Retail Financial Services. "His experience will help us continue our momentum in Auto Finance and to develop our student-lending business into the best in the country."

As the largest bank auto lender in the country, Chase manages a portfolio of $38 billion in loans through relationships with more than 15,000 auto dealerships. Last year, it also created a comprehensive education finance business with the purchase of Collegiate Funding Services, and now provides student loans through 2,500 schools and universities and directly to consumers.

Sheinbaum began his professional career as a technology auditor and management consultant at Coopers & Lybrand, then served in financial systems, business planning and product development roles over seven years at American Express.

He joined GE in 1992 as chief risk officer for the private-label credit card operation. He served as president and general manager of GE's Montgomery Ward credit-card business, then senior vice president of client development, and chief marketing officer for GE Consumer Finance in the Americas. For the last three years, Sheinbaum has led GE Money Services, a 1,000-employee business comprised of the Partnership Marketing Group, Auto Warranty Services, Cashworks and Financial Protection Products.

Chase is the U.S. consumer and commercial banking brand of JPMorgan Chase & Co. (NYSE: JPM). Chase has 154 million credit cards issued and serves consumers and small businesses through more than 3,000 bank branches, 8,500 ATMs and 280 mortgage offices as well as through relationships with 15,600 auto dealerships and 2,500 schools and universities. It also serves more than 25,000 commercial banking clients, including corporations, municipalities, financial institutions and not-for-profit entities. More information about Chase is available at www.chase.com.