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Voya Financial Reviews

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Edited by: Tammy Burns

About Voya Financial

Voya Financial is a leading provider of retirement savings, investment and insurance products. The company has over $316 billion in assets under management and serves nearly 15 million customers. While it doesn’t offer checking and savings accounts, Voya Financial provides retirement, investment and insurance products to individuals, businesses and financial professionals nationwide.

Visit www.ing.com.au
Pros
  • Over $316 billion in assets under management
  • Helps customers achieve financial wellness and security
  • Offers a cash management account with 2.47% interest
Cons
  • No traditional banking services like checking and savings accounts
  • Fees may apply for some products and services

Voya Financial Reviews

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    Page 5 Reviews 380 - 530
    Verified purchase
    Customer Service

    Reviewed Feb. 16, 2017

    I closed my account on the 6th and paid a few to have my check sent expedite and by UPS. Well after a week got nothing. I called to get a tracking number and they explained it got sent accidentally regular mail and they would refund the 50 dollar fee. Well now 2 weeks no check and I called every day for a week straight and spent over 2 hours each day on the phone with different supervisors giving me conflicting stories and excuses and to have a racial comment made was the icing on the cake. I got almost 3k stolen from me from this company that is lost somewhere in regular mail by these people and I want to take legal action and go public about the racial comment made.

    Please any help on who to contact next and what steps to take would be greatly appreciated. I'm shocked that Starwood Hotels would allow people 401 and retirement to be handled by people and a company like this. I contacted the BBB already and going to contact the local news station and email the new Marriott people involved since they merge with Starwood. I can't believe after all we done and having a President of color that people are still racist and treat people of color the way they do and to steal someone money and not having a tracking number or any clue of where my money is. Not acceptable. I never will do 401 with any company or recommend it to anyone.

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    Customer Service

    Reviewed Jan. 31, 2017

    I mistakenly on-line signed up for a one-time repayment on a personal loan from my 401k, immediately I contacted the service via email and attempt by phone. I followed this up with 2 more phone calls explaining the error and requesting to make a 3 year auto pay installment on my loan, I was assured this could be taken care of. Alas! VOYA attempts to withdraw the entire loan from my bank account, I respond saying "hey! Wait, I was under the understanding this was reallocated!" I was told that I had to repay the loan in FULL otherwise be taxed for taxable income! I repaid in full and received a 1099R for a MUCH MUCH like 12 x's the amount of the loan as taxable income! Which is insane as I repaid the loan in full in less than 30 days that I was told it had to be!!! I have NO STARS for VOYA as their customer service was robotic and difficult! BOOO VOYA is the WORST!

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    Customer ServicePrice

    Reviewed Oct. 25, 2016

    I have a sizable 6 month TD with ING. It was automatically rolled over a week or so ago but the interest rate they are paying fell by 70 basis points. The RBA only reduced rates by 25 basis points so I called up and asked why the big drop. ING gave me no answer other than to say "it is what is." I said I can get more elsewhere - again the answer was "it is as it is." OK I said I will take by money out. I was then told I had to give 31 days notice and that for the entire time of the term deposit I would now only receive 0.045% interest. That is $4.50 per year interest for every $1,000 invested. I decided the bite the bullet and close all my ING accounts down. They got me this time but they will not be ripping me off again!

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    Customer ServiceStaff

    Reviewed Oct. 13, 2016

    I have recently decided to refinance with St George Bank, moving from ING. My husband and I approached St George in August and filled in necessary documentation to proceed. This past week I have spoken with St George to follow up and they advised me they have been in contact with ING on a weekly basis to have this application settled, but ING have sat on it and are doing nothing. Yesterday I spoke with ING who informed me they received the paperwork on the 8th of September but have failed to do their job. After speaking with a number of people I was told to wait and it will be done soon.

    I have spoken with them again today and they still have not acted. It is obvious they are just hanging on as long as possible to receive their Interest payments monthly and that is disgusting. I have found their Staff to be rude and unhelpful considering they are taking a wage from my money and yet are unwilling to sort out this situation and let us move on. I can't understand how as Customers we are held to ransom by ING, when they have had our paperwork for 5 weeks now. I want this sorted out now and I will never be a returning Customer. This is not our first run in with ING but it will definitely be our last.

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    Customer ServiceSales & MarketingOnline & AppStaff

    Reviewed Sept. 23, 2016

    We have 2 business loans accounts with them ING. Since their so called "upgrade" to their website it has nothing but trouble. Our accounts can no longer be view on online, several phone calls and emails has been made and sent to but nothing has been resolve. Fancy enough their website works effectively on direct-debiting but nothing else.

    No physical branch therefore there is no "real person" you can go to for assistance... If you are looking for Customer Service with ING, don't bother cause there is none. The words "Customer Service" are not part of their vocabulary at ING. Whatever advertised on their website regarding customer care "We're here to help 24/7", is nothing but a lie and a joke. "A 5 STAR TERRIBLE SERVICE AWARD FOR ONLINE BANKING OF 2016 GOES TO ING AND THE COMING YEAR". Applaud to all ING staff, well done keep up with the bad service!!!

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    Customer Service

    Reviewed Aug. 25, 2016

    My late husband opened a tax deferred TSA with ING. He passed away in 1998, and the account was left to my two minor aged sons. We have been struggling with the VOYA customer service. They told us that the account was "closed in 2013". That money was taken from my late husband's paycheck--it is my children's, not VOYA. This fight is not over. My sons need that money to pay for college. I am a teacher and a union member. VOYA often sends representatives to our schools. You can bet your life that I have alerted the Union and the Wisconsin Education Association Council to NOT endorse this company. They are thieves.

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    Customer Service

    Reviewed Aug. 25, 2016

    I have been trying to do a roll over for nearly 3 months. They keep making me jump through hoops; every time I try to call I wait on hold for at least 5 minutes. But the most infuriating trouble is trying to obtain the account number, they know that is what keeps a roll over from happening. Like millions of people, I will change jobs and employers use different providers, a roll over is very common. I have never experienced anything like this. I will never use Voya/ING or affiliates ever again.

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    Customer ServiceContract & Terms

    Reviewed July 20, 2016

    My In-Laws purchased a contract from ING that has now become Voya. Do not even think of calling Customer Service unless you enjoy speaking to a phone clerk with limited English language ability. You will NOT get ANY straight answers, period. The annuity contract and the statements are nothing more than smoke and mirrors. They say that you cannot track the performance of the funds you have invested in and there is no association in mutual funds available off the Street. Such a dazzling bit of magic will allow Voya to REDUCE your investment by secret FEES and CHARGES. AGAIN with no possible way to track what is happening to your Money, ALL without explanation. I lodged a complaint and a week later Suzy ** claims they need 2 more weeks because an actuary is required to investigate... MORE SMOKE AND MIRRORS. Bottom line... Do not BUY anything from Voya. Leave your money in a cookie jar, you can STEAL from yourself.

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    Customer Service

    Reviewed July 17, 2016

    Me and my partner went to open a joint account. It has been a 2-week process. We keep being told different information each time we call up, after a minimum 15-minute wait time. I have been with ING for 2 years now and even have my super with them. I can no longer see the point and will most likely change banks and super accounts in the near future.

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    Customer ServiceStaff

    Reviewed May 13, 2016

    I've had an ING Direct account and mortgage for nearly 10 years, and am one of those that should have benefited from the Rate Renewal Class Acton suit. Since I never received a check, I inquired. The staff was utterly incompetent, repeating again and again that the remaining funds were given to charity. Again and again I said that I knew that, but wanted to know where my check was. After literally an hour of babbling, the agent "escalated" the call. At that point I was given a defunct website and telephone number. I should say I was "blown off," because I told the agent at the beginning that the website and telephone numbers no longer worked. This is one of many frustrating experiences I've had with the company's support staff. And please note that they lost a class action suit due to their fraudulent refi claims. The rates are sometimes good; the service is terrible.

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    Reviewed April 1, 2016

    My wife lost her job and is 59 1/2 and was told that she could make a lump sum withdraw from her 403 account but we were only sent 20% and we were told that we could only take out 20% over a 5-year period. We may lose our home due to this company. I would not ever trust this company as we were lied to the whole time. Seems they want to benefit from keeping her money and really do not care about their customers.

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    Customer ServiceOnline & App

    Reviewed Jan. 27, 2016

    About eight years ago I opened an account with ING Direct. Now it seems that the company has moved overseas and I am no longer able to access my account. I can't call the number because it is an international number and my phone will not call overseas. It is not a lot of money, however, it is still money that belongs to me. This is frustrating at best! How do I contact this company to access my online account. I do not remember my username and password. Their website has ridiculous hoops to go through in order to get in and I am unable to jump through all of them without speaking to someone.

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    Customer ServiceStaff

    Reviewed Jan. 8, 2016

    I've never experienced such deliberate avoidance of a request. They claim to be the "most ethical" company, but trying to withdraw funds is like wading through a swamp of dense muck. When I call and talk to a customer service advisor, that person either does nothing or does NOT understand what to do. Then I'm presented with a number of hoops to jump through, including going through their ridiculous and redundant "planwithease" website. I had no choice about this company as it was chosen by the institution from which I retired.

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    Reviewed Jan. 2, 2016

    Invest through ING. Pretty happy with the way things are going, want things to be better. It satisfied as things are. I really don't know how helpful I can be as far as I am concerned. Things are pretty automatic and I have very little if not nothing to do that would change the way things are.

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    Online & App

    Reviewed Dec. 4, 2015

    I have been unable to access my 401K account information for several months. My employer switched from J.P. Morgan to VOYA to manage our accounts, so I had no choice. The password provided was not valid. I was unable to access the account through their website no matter how many times I tried. They have sent passwords to my address on 3 separate occasions and none of them worked. When calling the number provided, I was kept on hold for more than 15 minutes before I could talk to someone. Another password was mailed and it did not work. My company will be switching to Fidelity as of 1/1/16 so all of this will become a moot point. But my issues with VOYA were NEVER resolved. I'm glad my employer is dumping VOYA.

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    Customer ServicePunctuality & Speed

    Reviewed Dec. 2, 2015

    Got an account with ING while I was employed. Now I am retired and it is a struggle to get my money from the distributor Voya on time. They do not deposit funds on time each month. I cannot recall the last time I got my money on the first of the month. My bank has assured me the fault falls on ING. This is true since my monthly statement shows they wait up to a week before making the deposit into my account. When I called to rectify the situation I was blown off by a Supervisor. They are bad news.

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    Customer Service

    Reviewed Nov. 30, 2015

    Like other reviewers I had a small amount of rollover 401K money that was placed in an ING/Voya account. After receiving statement after statement from this company showing various ridiculous fees being taken out of my account, I decided to close it and invest into a more reputable company. As I was doing a 60-day indirect rollover to another IRA account, I requested that no taxes be taken out of the check. When I received the money, there was a $95 termination fee AND a $35 maintenance fee charged. They also took out state taxes, which was listed on the check.

    I called back to request a new check without the taxes taken out. They cancelled the first check and sent a second check in the same amount as the first incorrect check. This time when I called I was told that there was a "debit balance" on the account that was paid first before the check was issued. Does not make any sense. This company is terrible - if you want endless amounts of unnecessary fees charged to your account, then use this company. Otherwise, invest your money elsewhere.

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    Customer ServiceStaff

    Reviewed Nov. 18, 2015

    I had a small balance through a former employer, and was told that since it was under 5K I needed to take it as a distribution. Voya was provided the simple directions on what needed to be on the check for it to be correctly deposited into my qualifying IRA (bank's name, my name, account number). Well, they sent the check without the account number so the bank deposited it into my checking account. It's fixable, but when I called Voya to send me a statement that showed the distribution, the "customer service" rep tried to argue with me that the check shouldn't have needed an account number on it to be directed to the right account.

    I can forgive a mistake. Can't forgive when a mistake is made and then you get an argument instead of an apology... just say "sorry" and fix it, you jerks. So... I now need to open a new IRA (inherited) for a significantly larger amount... and guess who will never ever get the business. Take yours elsewhere!

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    Customer ServiceStaff

    Reviewed Oct. 26, 2015

    We have been trying to get a home loan from our investments for 3 weeks now. Every day we call and someone tells us something different. We were first told 5 days with the signed promissory note, proof of a purchase agreement (ours is notarized) and proof of the closing date. Then the date kept changing further and further out. We provided what they requested, yet they red flagged our account! Apparently, they're not smart enough to know how building a new home works.

    They keep treating it as an existing home and don't understand that we're needing this money for the down payment on the construction loan. They refuse to hand the phone to a manager after we've complained that they're holding up the building of our house. It is ridiculous to go through so many hoops to obtain our own money. We went through less obtaining the construction loan and that's been completed through the government itself! I've sent an email in regards to our situation to our Attorney General and social media. Maybe we'll get someone outside this joke of a company to help us!

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    Customer ServiceStaff

    Reviewed Oct. 9, 2015

    Called and spoke to another rep. Advised the State was requiring an email or fax confirmation that the I did request the info and they were working on it. Rep denied doing this. Asked for a manager. Rep came back and told me no. "We don't do this. We won't email or fax you anything." Read her what was being requested. A statement saying "your request for information has been received." "No, we don't do that. The State of IL will have to call us for something like that." And she went silent. She would not say anything further. Not "I am sorry." Nothing. Horrible service.

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    Customer ServiceStaff

    Reviewed Oct. 8, 2015

    I have a large annuity at Voya (that used to be ING) and have been trying to find out how to transfer it somewhere else before it expired. I was left on hold at a call center in Manila for hours and no one in the US would talk to me. They don't call you back and you are sent to a call center overseas. I never want to deal with this awful company again. This is what is wrong with the USA. I suppose the CEO is too busy buying yachts and homes to deal with the little people who support this company. They are frauds. DO NOT BUY ANYTHING FROM VOYA. They are terrible. I am going to get my money back if I have to take legal action. They are awful.

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    Verified purchase
    Staff

    Reviewed Sept. 3, 2015

    My account from a former employer rolled over into a VOYA plan. VOYA and IDP contract for this to happen at the end of employer/employee relationships. VOYA charges customers ridiculous fees for the privilege of having to chase their money down including monthly charges for "administration" and an additional fee to roll the money out of a VOYA account. The fees are designed to chip away at small balances until there is nothing left to administer. These relationships should be illegal and exist only because the financial services industry has a powerful lobby. When asked about the fees VOYA's CSR was irascible and defensive. Not only do you pay for the privilege of chasing your money but you also pay the CSR to treat you poorly. Congratulations VOYA, keep up the great work.

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    Reviewed Aug. 6, 2015

    My husband is deceased. He had an ING access account which appeared to be worth a significant amount of money. I'm trying to find out where it is or where it went to. If you need further information, please feel free to contact me. I contacted Voya and they have no record of him and his social security number.

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    Customer Service

    Reviewed July 8, 2015

    I think this company just does not care about customer service. I have been waiting over a month for a loan which they say takes 5 days to process. When I called at the two week mark they said it wasn't processed but they will. 4 weeks and nothing. Monday they said I would have by Friday. No supervisors come to the phone. No response to the contact up on the web page. What is going on Voya? This is terrible.

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    Staff

    Reviewed June 30, 2015

    I am trying to set up a new 401(k) account with Voya. Have had to talk to several different people and have received different information. Definitely not TRowePrice!!

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    Customer ServiceStaff

    Reviewed April 21, 2015

    So my company signed us up with this 401k plan. I have tried to get setup, it took over 5 attempts and even called them to get my information into their system. Finally it’s there but they signed me up for a financial adviser that I have to pay for which I never agreed upon. My current investments have all been changed and I cannot get anything changed. I have called 6 times now dealing with Voya and Morningstar to get the service turned off and to change my vestments. This is the worst company I have ever dealt with. If your firm goes with Voya, do yourself a favor and say NO. It’s run by a bunch of idiots.

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    Customer Service

    Reviewed April 16, 2015

    Every now and then my wife goes in to the 403b and requests a loan from her retirement. Most of the time they fail to process the loan in a speedy manner. As they put it - somebody is working on it. It seems that ING has very poor customer service. Can't wait to take all of the retirement out of ING and invest it somewhere else. Other times, the wrong form has been filled out as they decided to change them. They don't bother to tell either. No calls. No communications.

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    Verified purchase

    Reviewed March 22, 2015

    My plan summary states I can make loan payments directly to the plan in addition to payroll deductions. The plan states I can prepay the outstanding balance in whole or in part at any time. I have sent in a payment and they are refusing to post to my loan.

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    Customer Service

    Reviewed March 11, 2015

    Firstly, they take your information over the phone to transfer your 401K to another institution. That's scary - How are they sure it's me? Secondly, my broker says that the $150 exit fee is steep and unreasonable. The whole reason I left ING (now Voya) is because their fees are exorbitant.

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    Verified purchase
    Customer Service

    Reviewed Jan. 20, 2015

    I had 4521.00 invested in my 401K. Today I see 0 as the balance. I called customer service today. I called first time, on hold for more than 45 minutes and customer survey came up. This is a strange experience for a financial company who does 401K.

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    Customer ServiceCoverage

    Reviewed Nov. 1, 2014

    I am on Long Term Disability, I had researched some, although I am heavily medicated and an agent had me fill out forms for medigap supp F and D policies. When my Sister saw them she told me I should not take them, so I cancelled the applications. When I 1st called ING/Voya, I was told I would need to sign a letter to cancel coverage, I never received this letter and received a call today stating I am unavailable for benefits. W/O this coverage my prescription drugs will bankrupt me, The Part D medigap policies do not cover through the gap and the medicare advantage does and I have had it since 04/2013. I believe they should allow the coverage since I am still on the plan until end of year and never signed to cancel stating I knew what I was doing.

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    Customer Service

    Reviewed Oct. 6, 2014

    Opened an account for my daughter for her to access while at college. There was some confusion as ING requested change of password. When password did not work we both called to request funds. ING response was no password, no funds and refused to return our own money even after several calls and discussions with supervisors. No wonder they are changing their name. Criminals!!!

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    Customer ServicePunctuality & Speed

    Reviewed Aug. 26, 2014

    I opened a Retirement account upon being employed by the County of San Bernardino in June 2013. Upon ending my service with the county effective May 14, 2014. Subsequently, I requested for the refund of my contributions into the plan. By Check #** for $1,247.97 my contributions were to be refunded. I called when I failed to receive this check on time but was always told give it time. Getting tired of waiting, I called on Wednesday July 16, to report non-receipt of this check and requested that the check be stopped and instead to be paid by direct deposit into my account with Wells Fargo Bank giving the following details: Account Name: Johnson **, Routing #: **, Account #: **.

    I was told it will take 4 working days for the credit to reflect in my account. I called on Monday July 21, 2014, was told it normally takes 2-3 working days to stop payment of a check and that with that in mind that I should only expect the credit into my account by Wednesday July 23, 2014. When the credit did not reflect on my account, I called on Wednesday July 23, 2014 and this time was told the check has been cashed on Monday July 21, 2014. I told the Customer Representative that I never received the check, not to talk of cashing it. I was told a copy of the check will be requested to be mailed to me.

    I have now received the copy of front and back of the check and noted the endorsement signature at the back of the check does not belong to me nor am I B. ** name written at the back of the check. In fact I have never operated any account with Bank of America in my whole life. Therefore, I am requesting for immediate direct deposit into my account as stated above.

    OBSERVATION: 1. The system that operates with ING is inefficient and negligible that takes 2-3 days to stop a check in 21st century. 2. A check was cashed out 4 working days after it was reported not to have been received.

    My patience is being exhausted and I cannot wait indefinitely for your inefficient system. I hope I will not be forced to involve legal action to receive my contributions. Once again, I am emphatically denying ever receiving the check nor operating an account with Bank of America.

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    Customer Service

    Reviewed July 18, 2014

    It has taken me almost a month now to do a rollover to my other plan. They tell me they want a form with a logo to whom I'm rolling this over to. They still want a signature form from my new plan. What a complete waste. I'm still waiting for them to send the form that they won't send me by email. ING states they sent it and I keep telling them they did not receive - to email it so everyone is informed. My next step is to complain by BBB. If anyone have any suggestion let me know.

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    Customer ServiceStaff

    Reviewed July 11, 2014

    Getting a hold of an individual that seems knowledgeable is incredibly difficult. They did absolutely nothing to help manage my plan in the year and a half I held an account with them. Trying to remove my money for rollover was nearly impossible. It took months for them to finally have all the paperwork they seemed to require of my employer, even though my employer claimed to have sent it three times. I am inclined to believe my employer. Then once they finally agreed to process the rollover they casually mentioned a 75 dollar fee to process the transaction on each account. This was news to me, especially since I and my husband had recently rolled over other accounts with no related fees. I was displeased with the service, communication, and plan management.

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    Customer ServiceStaff

    Reviewed March 30, 2014

    I have had enough of ING and have forwarded documents to them to transfer my retirement savings plan. That was almost a month ago and ING refuses to sign the transfer documents and forward the money to the new company. What can I do? How can I force ING to comply with my wishes? I have contacted ING via email - with no response. I have tried to talk with their phone people - and get no response because they have to talk to someone and never get back to me.

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    Customer Service

    Reviewed Feb. 5, 2014

    We have been trying for over a week to get a disbursement from my account with ING. Each time we call we get different answers to our questions. They say they will mail paperwork to us but we never receive anything from them. Not even account information. I also work with another investment company which I will not name but they are great. Any question you receive 1 answer. Any disbursement is a phone call away. I believe that once this company has your money you will have to jump through hoops to get some back. My advice to anyone is stay away from this company and invest somewhere else. Once, if we ever, get my disbursement, I will pull the rest out and put into my other retirement account. I hope everyone who is thinking of investing with this company take another look and go elsewhere.

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    Customer Service

    Reviewed Dec. 27, 2013

    It's Christmas Eve and I try to withdraw 600EUR (twice!) from an overseas ATM machine but no money was dispensed! An error with the ATOS payment network, so they tell me. I spent three hours (many calls) to ING trying to get access to my money (1,200EUR) that had been "locked" by the ATM provider. They were unable to remove the transaction from my account (even though their head office can do this), nor were they willing to provide an overdraft option until the "lock" had been removed. In other words, ING's policy is to leave their customers in serious financial trouble whilst abroad, due to a third-party error.

    I now have to wait 7 days for my funds to become available again, without any recourse against ING or ATOS. This is the real face of a banking institution that puts profits ahead of customer value. Fortunately, consumers also have the possibility to practice the art of marketing, so yes, ING now lose a customer (and all concomitant lifetime value of my custom) for their ignominious act of service.

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    Customer Service

    Reviewed Sept. 23, 2013

    ING has provided incompetent and misdirected information and delayed the transfer of funds for my daughter's annuity for education. I began on Sept 5, 2013 and literally spent everyday for 2 weeks educating them on what and where the funds were. I also provided all the legal documentation necessary to secure the transaction at the onset. After 1 week of misinformation and frustration, I begin the full time job of relentless pressure on Sept. 10, 2013. Every day multiple calls and detailed notes to actually get to a point of acknowledgement of transfers. I faxed in 2 transfers of which the CS Annuity line said they only received 1. Then on TR I was contacted by the processing Dept for verification and Hope stated she had physical possession of both W/D forms. CS still did not acknowledge original W/D form. On Friday I began the relentless call approach and notified Bill in CS that I wanted both W/D processed he verified. I spoke w/ Andrea on Friday at 5 PM and she assured me that everything was in order on both W/Ds and the funds were going out.

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    Customer ServiceContract & TermsStaffProcess

    Reviewed Sept. 12, 2013

    I hold a retirement account at ING that was originally set up with my prior employer. This account was set up over 20 years ago. I left my former employer mid-2000. In the past, on at least 2 separate occasions, I attempted to move my funds outside of my previous employer's control without success. Without going into great detail on these attempts, suffice it to say I did not have the stamina to deal with the avalanche of roadblocks, paperwork, and wild goose chases put in my path in order to complete the transaction.

    I have redoubled my efforts and an ING agent I know personally is assisting me with the process. I figured that simply transferring my money into a different ING account would be a simple matter. I figured wrong. We filled out paperwork, consulted phone reps, submitted online forms, sent e-mails and faxes, and waited ever so patiently. On several occasions we were promised results, only to have the matter dropped or completely ignored. We persevered, though, and now after an incredibly long 7 months of misdirected paperwork, we have finally confirmed the simple transfer of my funds! I thank the creator that I have not suffered any personal emergency that would necessitate quick access to my money, for I feel that I would be more successful at playing the lotto than making a simple withdrawal of my own money.

    To rub salt in my wound, I was also told that $150 in fees was going to be charged for a (not so) simple transfer of my funds from one ING account to another! I completely objected to these fees from day 1! At no time did I agree to such terms, and when I spoke with agents of ING requesting signed copies of any documentation which indicates my acceptance to such fees, I was at first ignored, misdirected to the wrong departments, then delayed. Finally after a 3-week postponement where they were supposedly getting signed copies of my enrollment forms from my former employer, they admitted that they had no such expressed consent from me. They refused to refund the charge, anyway!

    Now I don't know about you, but I certainly don't want to live in a world where a financial institution can unilaterally decide to steal their clients' money. I am currently pursuing a resolution to this dispute, and I would like to hear comments from anyone else who has any advice on how to get the misappropriated fee back to me!

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    Customer ServicePrice

    Reviewed Oct. 24, 2012

    ING Direct is one stubborn bank that would never help you in case of hard economic times. I am a father of three and sole bread winner in my family. I have a 5/1 ARM mortgage at 6% with ING Direct and unfortunately, I was laid off in February 2012. Therefore, I contacted ING Direct to help with the mortgage until I find another job. But ING Direct bluntly refused to assist me and continued to push me and threaten to take my home. I was surprised that it is the same bank that made steady payments over the last 4 years and now when I was going through hard times, ING Direct will turn their back on me.

    I spoke to several people at this bank and they all had the same answer that ING Direct is a private bank that does not abide with the federal programs available in the market to help consumer like me who went through tough times. This bank is not even willing to reduce down interest rate or help in any shape to ease the pain experienced by consumers like me. Banking and taking mortgage with ING Direct was the biggest mistake in my life. I would never recommend anyone to bank with ING Direct. Once you are trapped with this bank, you can't even move away and get refinancing with any other lender in the market. Be aware of ING Direct. This bank will trap you in their lucrative clause written to only benefit ING Direct.

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    Customer ServiceStaff

    Reviewed June 5, 2012

    I tried to move my money from my orange savings to my external checking account and my checking account isn’t even on it. I always have to get a customer service person to move it. They moved it the wrong way from my checking into my savings which caused an overdraft in my State Bank of the Lakes account of $30. I contacted ING; they said they would investigate it then sent me a letter stating there were no errors with the interactive phone system and they would not reimburse me. This is definitely your error and if you don’t reimburse me, I will be forced to take all my money out of your bank.

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    Customer ServiceStaff

    Reviewed May 4, 2012

    On Wednesday, May 2 2012, I attempted to utilize my ING check card and was told that my card was declined. Upon review of my account, I was alerted that my account was restricted and that my account was set to be closed on Monday, May 7, 2012, once all pending transactions were cleared. I spoke with several "supervisors" (or as ING refers to them, "Sales Captains") and was told that my payroll check would not be accepted into my account. In speaking with Zach, I was told that the restriction would be temporarily lifted in an effort to accept my payroll check, but I would need to call on Friday to determine if I could access my funds. On Thursday, May 3, 2012, I called and spoke with Adam, a supervisor, to confirm that my payroll check would be accepted and that I could access my money. I was told that my check would not be accepted. After re-explaining all that Zach had shared previously, my paycheck was to be accepted and I was to call Friday, while standing in front of an ATM, to determine how much of my payroll check I could access.

    On Friday, May 4, 2012, I stayed on hold for 10 minutes before being transferred to Jason, a supervisor, who proceeded to tell me that the "office" that could lift the restriction had all gone home for the day as I was calling after "bank hours" EST, and that therefore, I would not be able to access my funds until Monday, May 7, 2012. I demanded to speak to a higher supervisor and was told that Jason was the only manager on duty. When I called back, I was transferred to Jeff, a supervisor, who told me the same dilemma as Jason. As I was speaking to Jeff, in an extremely unprofessional manner, I could hear Jason in the background, making comments about me calling and speaking with him. I was told that there was no one I could speak with. I was told to email customersatisfaction@ingdirect.com.

    Speaking with Jeff, I asked for the name of the president of the company, so that I may direct my email to him/her. I was told that that the information was not privy to me as a customer. I found this to be absurd, as I'm confident that this information is public information. Knowing that I was not receiving a professional experience, I contacted Matt (supervisor) who informed me that I could not access my fund on Monday, May 7, 2012, as this is the day my account is set to be closed. Again, I'm totally confused how different supervisors can convey incorrect information multiple times. When I explained to Matt that ING is refusing to allow me to access my payroll check, which had to be illegal, I was told, "I cannot respond to that." I am disgusted by all of the lies, lack of courtesy, and illegal activity that ING prides themselves with in respect to customer service.

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    Sales & Marketing

    Reviewed March 23, 2012

    ING loan offers are a giant scam. Even with 60% LTV, they'll find a why to deny your loan. I also went to ING to refinance, precluding other avenues. Their appraisal came in 18% lower than an appraisal conducted less than 1 year ago and they priced the home lower than every comparable they identified. They completely refused to consider any information I provided them and refused to provide an explanation, mathematical calculation or any detail around how they arrived at their appraised value. Yes, the Good Faith Estimate is subject to satisfactory appraisal. What ING doesn't tell you is that they'll ignore third party appraisals, recent sales and provide no support for a fictional valuation that they'll use to get out of their Good Faith Estimate if rates rise between when you lock and are set to close.

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    Reviewed Jan. 4, 2012

    "Dear Gary,

    We're unable to process the following withdrawal(s) because there wasn't enough money in your Electric Orange.

    $ 189.00 Paypal to Gary Fount

    If this happens again in the next 60 days, we will close your Electric Orange.
    To keep this from happening, be sure there is enough money available in your Electric Orange before any automatic withdrawals or bill payments take place. Make sure to check your available balance before you make purchases, set up new bill payments or automatic withdrawals.
    Check your account balance 24/7 using your Customer Number and PIN by:
    -Signing in to ingdirect.com from your desktop or mobile device
    -Calling our Interactive Phone Service at 1-888-464-7868 and selecting option 1

    This warning only affects your Electric Orange."

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    Reviewed Dec. 14, 2011

    On November 22, I was informed by ING that my debit card had been compromised and that I would be issued a new card. My old card would be deactivated effective December 5. On December 13, there were multiple fraudulent charges against my account made in California at Brick & Mortar retailers even though I live on the East Coast and have never stepped foot in California. I contacted ING Direct and I was told that they were not sure why I received the email saying my card would be shut off on December 5 and that I would have to wait for the fraudulent charges to post to my account.

    They were still in pending status and then I am to fill out some paperwork, fax it to them and then they would investigate the issue. They also advised me that it would take 7 to 10 business days to get any potential credit back to my account. I informed them that due to this, my mortgage payment had bounced and I was unable to pay multiple other bills and that I was not satisfied with "you'll just have to wait" as an answer for their mistake.

    I asked to be escalated to a manager who could address my issue. The manager did absolutely nothing to resolve my issue and told me "this is our policy on fraudulent charges because 95 percent of the times, people claim something is fraud and then later realize it was actually their charge". This manager also could not explain the issue with the card not being deactivated but refused to do anything else except tell me they would try to expedite the dispute process. I asked to be forwarded to her manager or whoever has the authority to actually do something about this issue as it's 100% not my issue.

    I was told there was no such person, that she was the highest manager in existence, that no one above her takes phone calls and that my only recourse was to email the customer service email and someone would get back to me. I insisted on being forwarded to someone I could speak with immediately so I was placed on hold for 45 minutes and then disconnected. I have received no response to my emails to their customer service or their ombudsman.

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    Customer ServiceStaff

    Reviewed Oct. 26, 2011

    What happened to me was simply unacceptable, inhumane and tormenting because of the phone representative named Robbie and a manager at the Customer Service unit of ING Direct. Let alone, I have been a customer since 2004. I have only contacted ING Direct today because I needed my date of birth to be corrected. Robbie misrepresented his intent and motive to me when he asked me if I could verify a past transaction in my account. I gave all the information he asked. After he knew my life for the past few years, I have underwent unnecessary torments of physical incidents as a result of third-party liability incidents of losses, damages, injuries, violations and deprivation of my right and freedom to live my life as the way I was supposed to without these external, uncontrollable and destructive circumstances that more and less likely is related to the inaccurate date of birth that needed to be corrected on my ING Direct savings account.

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    Reviewed July 1, 2011

    The company I work for many years had several companies manage the 401k plan for them although there was an option to move a portion of the money in your retirement into a self-managed account handled by State Street Global Markets, LLC. Without warning, my positions were liquidated to my self-managed fund due to the fact that the company I work for switched from ING to Merrill/BofA to manage the account.

    The problem with this scenario is I manage and pay out of my own money to buy and sell any stocks. I have managed my account and invested in my personal retirement for years without issue. I can understand transferring between different mutual funds but when it comes to the managed portion of the self-managed account, there is no comparable product. I feel they should have transferred the positions over to Merrill/BofA without liquidating and in the future I would have placed orders with them rather than State Street. Now I have lost thousands from the only retirement I have for my family. The company does not provide a separate pension plan so the money I save is all I have.

    Please help me since I am not a large corporation with unlimited resources to fight this.

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    Reviewed Feb. 25, 2011

    We've been trying to roll over a 457 plan for my wife. First, we had to call ING; you can't do it online. We got the paperwork and filled it all out, including a name change form. We included a new social security card and new password. Because it was a 457 plan, we also had to send it to the previous employer who sent it to ING. We got a call from ING later, seemingly trying to get us to not roll it over. Nothing was happening, so we called again a few weeks later and they said it was processing. Nothing was still happening so we called again. We learned that because she signed it with her first and last name, instead of her first, maiden, and last name, they (Judy ** at ING) thought it was fraud. However, they felt no need to contact us. They have sent us a new name change form to fill out. We have no idea if we need to refill out the rollover form, which was many pages long, and send it back to the previous employer.

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    Reviewed Jan. 26, 2011

    I applied for an online mortgage loan (refinancing) with ING Direct. I agreed to pay $350 if I accepted the loan offer and did not close the loan. The home appraisal came out to less than what I had expected. I had applied for $137,000 and ING came up with an offer for $118,500 with a loan to value of 75%. The balance on the current mortgage is 130,000. Nowhere in the process was I told that the loan to value in Florida is 75%. Their site seems to indicate a down payment of 20% for primary residences. I called ING and spoke to multiple people culminating with Eric **. I requested that the loan amount be 80% of the appraisal but they said their guidelines are only 75% in Florida. I protested that I wasn't made aware of this during the process. I now have to come up with about $15,000 in cash or forfeit the $350. I requested that since the loan amount they were offering is different from the loan amount I applied for, I should not be held liable for the $350 but ING refused to waive it and kept repeating the same line about me accepting the loan offer. I kept saying that I accepted the loan offer assuming a loan amount of $137,000 but it was to no avail.

    I feel that if they had a guideline of loaning only up to 75% of the appraised value in Florida (by their own repeated insistence), then they should have disclosed that when I applied. What is the point of a good faith estimate if they don't disclose their own policy. This was done in bad faith and it was an unethical and unfair lending practice in my opinion. I have to either come up with $15,000 cash in a hurry and close on what I feel is an unfair loan or pay a penalty of $350.

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    Reviewed Dec. 1, 2010

    I applied for refi cashout loan with ING Direct. They were very irregular in replying. First, they considered my husband self employed even when I told them that he gets a W2. Then just by the time their deadline of offer was to end, they informed me that my application was turned down because of discrepancy in dates on the pay stubs. When I called and asked to talk to the supervisor, he said they had more reasons. Then in the mail, they sent me a letter saying the reason for turning down my application was, "You are not long enough with your employer." My husband is a physician and has been in the group since 1988 Sept. with no break. They charged me $350 for just processing the application.

    Our scores are great and income in top 3 percentile. So what kind of processing they do or what guidelines they use is beyond my understanding. The loan to value ratio is 34%. This has been the most disturbing incident as I have in past 32 years have never been denied any loan for any reason. I take pride in keeping our record clean. Loan no. xxxxx

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    Reviewed Aug. 12, 2010

    I got divorced early last year. The house where my ex husband and I purchased was too much for me alone to afford. I decided to call my mortgage to find a way to work out the plan. First, Tyson from ING direct suggested I do a short sale for the house. So I found agent to do the short sale. Then it takes a very long time for him to respond. My agent had been following up with every paperwork that he needed. Unfortunately, the time of respond that Tyson took was too long. It caused my 2nd mortgage to declined the approval that they approved in the first place. I had been waiting for almost a year until I decided for foreclosure.

    Then I talked to my co worker about my house. She recommended me to agent who she used to get her house to short sale. So, I tried a second chance and see if there is an opportunity to sell the house. Unfortunately, Tyson did the same thing to my second agent which was verbally okay all the price and terms my agent came up with. My agent went out to find a buyer to get the price that Tyson needed, but Tyson, once again, failed to follow through at the end. Both times I talk to Tyson, he seemed like he was going to help me through this.

    Both times he told me what was needed to do the short sale, and both times his lack of communication at the critical final step caused the sales to fall through. Both times he said what the requirements were, and I tried my best to reach them. Both times he changed everything on me last minute. It's like having a carrot of hope held in front of you, and just when you grab it, it turns to dust in your face.

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    Reviewed June 19, 2010

    My husband and I purchased mortgage insurance through Country Wide now Bank of America to protect our financial responsibility to the mortgage company if he were to pass and could no longer make payments. It is my understanding that this type of insurance purchased to protect the benefit of the mortgage company is usually higher. We could have shopped around. Our mortgage was for 15 years and we joined the Pay Plan Program to pay it off hopefully in 10 years.

    My husband passed away and his death was ruled suicide on July 8, 2008. ING did not pay the claim. I believe it is unfair that they sold insurance through the mortgage company to pay an amount equal to our financial responsibility, however found ways to avoid this. My husband and I were not facing financial problems, we have never made a late payment and there were no pre-existing conditions that led to his sudden death. The policy was for $131,000 for 10 years and included a Terminal Illness Rider.

    A customer would assume that in any way possible if the insured was not able to make payments, the amount promised from the mortgage company and the life insurance would be given. It is hard to see a company that has best practices would leave a widow who purchased the correct coverage to take on the financial responsibility. I purchased everything offered through the mortgage company to protect me in the event that such an unforeseen tragedy would occur.

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    Reviewed June 16, 2010

    After initial qualification for a home refinance with ING Direct, I paid the $350.00 application fee and began the long refinance process. After submitting all of the required paperwork and income documentation, a few weeks later, ING had an appraisal conducted of my home. I was there for the appraisal, and the appraisor seemed very pleased with the house and said that he had no concerns with the valuation. A couple days after the appraisal, I received a letter in the mail saying that my refinance was denied because I had an "unacceptable property." (I should mention here that it is a contemporary style home valued at $320,000, and I was requesting a mortgage of $175,000).

    The letter also told me that I would be responsible for paying for the appraisal and that the application fee was non-refundable. I called ING to find out specifically why I was denied, and the person on the phone could not tell from their notes what had happened but said it probably had something to do with the appraisal. I explained that I was owed a more specific answer and continued to question about the appraisal value. Finally, the person put me on hold for a while, and when they came back on the phone, I was told that the appraisal value came back fine but that I was still being denied.

    Again, I continued to demand a better answer. After several many more minutes of arguing and being put back on hold, I was finally told that everything was fine with my application and appraisal, but that ING did not like the "style" of my house. I complained and requested a refund of my $350 application fee and said that I will not pay for the appraisal if the only reason they denied me was because they did not like my house. They refused to refund my application fee, and at this point, I have not paid for the appraisal.

    It seems that if they can deny a refinance based upon the "style" of a house, they should state that fact up front and request a photo of the house before they collect $350.00. I don't understand how they can deny me a loan based solely on their personal opinion of aesthetics when I met all of the financial criteria that they require for a refinance. I would also like to say that I had my previous mortgage with them for seven years without a single late payment, and I had, until this happened, a savings account and a retirement account with them as well. They did not care.

    I really wonder how many people they are doing this to and walking away from with the application fees.

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    Reviewed April 6, 2010

    I contacted ING to have them transfer some of my funds back into my checking account, as I have an emergency situation. I was told with the first person I spoke too said that I never set a PIN up therefore she cannot help me. I asked for her supervisor was transferred to a Ryan who I went through all my security questions again with. He told me they would mail me a PIN number and I would have it in 5 - 7 business days, and that I would have to call from my home phone to activate the PIN. I told him I no longer have that phone number and gave him my new number. He put me on hold where I got disconnected.

    Upon call back, I spoke to another gal and asked to be transferred back to Ryan as I did not want to go through the whole story again but I was told there is no way to transfer to the previous person with whom I was speaking too! Next step, I was transferred to another supervisor Chris employee #702152 who was rude and would not talk to me until I went through all my security questions again.

    Once I got through that, he informed me that in order for me to get a PIN, I would have to pass their security questions. He started asking me questions that pertained to my ex-husband and nothing to me in which I replied that I did not know his whereabouts, after all 5 questions were asked he informed me that I did not pass their security questions therefore they will cancel my account and I should have my money back into my account in 60 days! I have an emergency why should I not be able to access my own money?

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    Reviewed March 22, 2010

    On March 22, 2010 at 8:30 a.m., I spoke to a male representative named Rod in the ING Direct customer service call center regarding an issue with my account. I was questioning a money transfer I had made between this account and an account I had with another bank. I voiced my concerns over the issue. The representative was dismissive and did not even bother asking me for my account information, telling me that if I had bothered to read the member agreement when I signed up for the account, then I wouldn't have to call because I would already know the answer to my question. He was rude, arrogant, and downright condescending.

    Is this what they call customer service? As someone who also works in banking, I was very surprised that this company could employ someone so obviously and completely unqualified to work in customer service. This isn't the first time I've encountered poor customer service at ING Direct and it's downright shameful. I would not recommend ever banking with them.

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    Reviewed Oct. 30, 2009

    Since President Obama poured billions into the banking industry to assist the banks in helping citizens with loan modifications I'm appalled no one I know has been successful in gaining any mortgage relief.
    I myself had a third party represent me for months, supplied my lender ING with a number of documents multiple times only to find out they don't deal with third parties despite the release I signed months ago. Most everyone I know who has approached their lender to try to reduce the impact of either job loss, loss of business or income reduction outside of their control has met with the apparent standard answer< "you're not delinquent enough for us to review your file". Responsible citizens attempting to stem the rising tide against them are dismissed in the process. It is evident that the monies granted by President Obama are clearly being absorbed by the major lenders but real relief for the homeowner seems to be a myth because the lenders seem to function after the bailout with impunity in their lack of response. It is more than unfortunate so many are losing the property they worked so hard to attain while the banks and mortgage companies reap the benefit of this massive relief they've received.
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    Reviewed Jan. 30, 2008

    ING Direct has yet to return my funds from the NetBank closing. I have filed complaints with the OTS, FDIC and the banking arm of the Federal Reserve but still no money

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    Reviewed Dec. 28, 2007

    I have been calling Net bank until they cut there telephones and also have been calling ING Direct. I get a

    multipul number of answers and they all say that they are sending me a Welcome kit and a number to access my account. I did change the address to 10404 Portland ave. Hesperia Ca. Telephone # 760 2445397 and I have reported that to ING Several times.

    Sometimes they say they have mailed me a check. Twice to the Mexican address and several times to the USA address. This has been going on since the ending of November and they said that the mails are very slow. I asked E-Trade to transfer the account into my accounts at that Company but about the time they received the request the monies and CD's were closed from my Net bank Account.

    Since the Accounts were closed I have not had any notification or cannot get any information as nothing has arrived at either address to notify me nor a hint of an Email. This has been going on for some time now and I have had just about $100,000.00 investment with net bank prior to the closing of the account. I am at present in Mexico but they tell me I will have to make a call from the US telephone to access a number which they will send by mail which never arrives. If further information is necessary please Email me at the above Email address.

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    Reviewed March 30, 2007

    Was not allowed to access any of my money. Their website gave me a problem in entering a pin #, so we called to get it fixed. Was told they would send me a new one, and it would take a week to get and I would not be able to access my money. My myself and my joint account holder called, our identities were verified, all info they asked was verified, yet, they told us they couldn't do anything for us until we receive a pin # in the mail. I asked them for any other options, or if they could rush a pin, I would've paid extra, they told me no. They refused to help me, were rude, didn't care, told me I shouldn't have put all my money in that account.

    That was very unprofessional, since this is a business and I would think they cared about me having my money on their company. It's been a week, and I have no access to my money, almost $7,ooo.oo. They refused to help me in anyway. They caused me financial problems. It is my money! My info, my identity, and my security questions were all verified by the rep and manager, yet they still could not help me access my money until I receive a pin #, which they wouldn't even rush out for me. I was treated horribly and unprofessionaly.

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    Reviewed May 7, 2004

    Gave an incorrect Good faith estimate by hiding known charges.

    Settlement statement had incorrect charges. Bad customer service and response when I called them to resolve these issues.

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    Voya Financial Company Information

    Company Name:
    Voya Financial
    Formerly Named:
    ING Direct
    Website:
    www.ing.com.au