Bank of America Shopping For A Loan Or Lease Complaints

Review and analysis of over 29 complaints against Bank of America

Bank of America consumers have reported over 29 official complaints related to Shopping for a loan or lease. Out of the 29 consumer complaints against Bank of America, 34% were disputed by the consumer (i.e. the consumer was not happy with how Bank of America responded to their complaint) and 97% were processed in a timely manner. 0% of consumer complaints against Bank of America resulted in the consumer receiving monetary compensation (e.g. money, cash reimbursement, etc.) and 0% resulted in non-monetary compensation.

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New Shopping For A Loan Or Lease Consumer Complaints


Bank of America Consumer Loan shopping for a loan or lease

August 16, 2016 - Describe what happened so we can understand the issue ... I did not give verbal and/or written permission for Bank of America to pull my credit report on - -, 2016. Per Federal Credit Reporting Act this is an ILLEGAL act to make an " Hard '' inquiry which decreased my credit score on my credit report. When asked to show me proof of authorization this company could not provide it. This inquiry needs to be deleted from my credit report....

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Bank of America Consumer Loan shopping for a loan or lease

August 3, 2016 - I bought a new Toyota Tacoma from - - in -. My bank approved me for a loan for 2.49 %. I went to the dealer to close the deal I was with the finance person. They said Bank of America matched the loan amount of 2.49 % and that I was already approved and could get my vehicle now instead of waiting for 2-3 for the bank loan to clear. Then I was hit with high pressure misleading warranties to add on. I said I was not interested the pressure and the assurance that total vehicle protection was offered and that it only raised my payment slightly, but I had to make a decision right then and t...

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Bank of America Consumer Loan shopping for a loan or lease

July 29, 2016 - I applied for a Home Equity Line of Credit with Bank of America ... I have been with them for 19 years and am a platinum preferred customer. At application, I explained that I wanted the line of credit to fix my decks on my house. At that point I had not started the project and they did not inform me that in order to receive a loan, the project could not start - in fact, the duration of the process took so long that that I was at risk of losing the contractor and price we negotiated. I provided all the documents and everything was fine, but the automated appraisal came through a little lower...

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Bank of America Consumer Loan shopping for a loan or lease

June 13, 2016 - This is a dental practice loan. Applied for refinance. This company already has the original loan. Process started in -/-/-. Company has not been adequately responsive for last 2.5 months.. meanwhile I am paying the added interest to them. They are not answering emails or phone calls. I have been " approved '' per agent ( - - ) yet received no call backs for over ten days. HE is consistently not responsive. I left messages with other agents in an attempt to move this along. still no response ...

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Bank of America Consumer Loan shopping for a loan or lease

June 8, 2016 - On -/-/16 I purchased a car from -. It was a cash deal. With a purchase price of $40000.00, I gave them $21000.00 in cash and wrote a check for $19000.00 to complete the transaction. They ran my credit and had me fill out a credit application but stated it would not be processed unless for some reason my account had insufficient funds and the check did not clear. On that date I had over $130000.00 in Bank of America. I drove the vehicle home. - - I got a letter from Bank of America stating that they had received a loan request through - and that my loan had been disap...

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Bank of America Consumer Loan shopping for a loan or lease

March 28, 2016 - on - -, 2016, there was an inquiry made by bank of america - from which I do n't know what type of source that it came from. I received a letter from Bank of America, i was denied. The only way i knew about it is because of the letter and also the inquiry on my - credit report. I never did apply for a loan nor a checking account with Bank of America in - 2016, the only thing i applied for was a secured credit card. Bank of america pulled my credit report without my consent. So the company is engaging in fraud and identity theft. There is mutiple inquires on my credit report. so i d...

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Bank of America Consumer Loan shopping for a loan or lease

March 15, 2016 - Ref : Car Ref This is the - 4 times bank of America refused to give me credit ; I Had been trying to reestablished an account with Bank of America and it has keep denying me for either credit cards or bank loan.. I had apply with other loan and card companies and got approved .. I do not understand why bank of America is discriminating me since my property foreclose was canceled by the court. Bank of America is refusing or helping me to reestablished my credit that I already had. I hold other account with max credit of $6000.00 in good standing and my credit score is - approx. But i do...

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Bank of America Consumer Loan shopping for a loan or lease

March 14, 2016 - -/-/2016 I was researching for a good option to payoff a high interest mortgage I have on a property. I came across a good opportunity from Bank of America and started the application process for a line of credit. They asked for a good estimate of the value of my property and request my realtor to prepare a value analysis, he told me I can market it at least at $ -. I requested a $ - line of credit based on this number. After a month of sending tons of papers and information they came back telling me my property was appraised at $560.00 based of some data. At that time I requested a ...

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Bank of America Consumer loan shopping for a loan or lease

October 18, 2015 - On -/-/2006, a car sales man from - -, - and Bank of America, forced me into an auto loan contract at an exorbitant interest rate. The name of the sales man is - -. - - in presence of the Finance Manager, told me that my interest rate is 7.99 % APR. When I refused to accept it, the Finance Manager told me, generally -, -, - and other people of -, get 3 % higher interest rates. He told me if I was white, he would give me interest rate of 4.99 % APR. He held my car hostage and told me that I had already signed my car as a trade and he told me that the car n...

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