Review and analysis of over 57 complaints against Bank of America
Bank of America consumers have reported over 57 official complaints related to Taking out the loan or lease. Out of the 57 consumer complaints against Bank of America, 19% were disputed by the consumer (i.e. the consumer was not happy with how Bank of America responded to their complaint) and 98% were processed in a timely manner. 5% of consumer complaints against Bank of America resulted in the consumer receiving monetary compensation (e.g. money, cash reimbursement, etc.) and 7% resulted in non-monetary compensation.
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Bank of America Consumer Loan taking out the loan or lease January 16, 2017 - Synopsis of credit denial. I believe denial of a commercial business loan by Bank of America for - - - -, -, with which they have a 12 year positive payment history, which has unpledged assets greater than 4 times the principal value of the loan requested, and in which they initiated the transaction and presented a loan proposal having all credit information, both personal and business available to them prior to the proposal having been made, and then basing the commercial loan denial on a personal home foreclosure was an excuse and not the true reason for the loan denial. The ... |
Bank of America Consumer Loan taking out the loan or lease January 2, 2017 - On - -, 2016, I applied to Bank of America ( " BoA '' ) for preapproval for a new car which I planned to buy the next day. I found that Bank of America had exceptionally good rates, 1.99 % for 60 months and 2.49 % for 72 months. I was preapproved for more than enough to cover the amount I planned to borrow. When I got to the dealership ( - - in - -, Ohio ), I told them I was preapproved and that all they had to do was to communicate with Bank of America. I did not have my preapproval letter with me because I was told by BoA that I did not need it, that the way the process wor... |
Bank of America Consumer Loan taking out the loan or lease June 10, 2016 - Before applying for a Bank Americard Cash Rewards Card, I was told " your interest rate will be determined upon approval '' and told ... '' you may cancel the card if I am not happy with the interest rate. '' I applied for the card and received notice saying " your credit application has been approved with a $13000.00 credit line. '' There was not mention of the interest rate as promised. I consider this false advertising. I called, no one could tell me what the interest rate was, and I was told to wait - weeks until the card and paperwork arrives. I would have not applied if it took we... |
Bank of America Consumer Loan taking out the loan or lease May 12, 2016 - I went directly thru Bank of America to get pre approved for my car loan. Once I found the car I wanted to purchase I went to the dealership and took with me the approval letter. I called Bank of America to get the status of the Loan a week after having my new car. i was told that because I had gone to a preferred dealership I needed to follow up with them. I was really upset and explained to them that the main reason I got approved directly thru Bank of America was to avoid dealing with the dealership. I immediately asked for my issue to be escalated. The representative said she would escalat... |
Bank of America Consumer Loan taking out the loan or lease May 3, 2016 - it was an auto loan submitted in my name from bank of america, and it resulted in an inquiry in - 2015, I called the number on my credit report and I called the number that was listed and the rep told me to take it up with the credit bureau, but the first start is to take it up with the creditor which is bank of america, it was shown on my equifax credit report. I did not apply for a auto loan, bank of america states they can not find that information, but it states an inquiry on my credit report. So since bank of america cant find the information and explained why there was an inquiry on m... |
Bank of America Consumer Loan taking out the loan or lease March 31, 2016 - I was told by a loan officer the amount I was approved for after checking my credit and putting me on hold ( this was done via phone ) and speaking to an underwriter. The officer then told me the amount and I verified it. The officer described to me the next steps and went over the documents I needed to submit. They told me I would need to paydown my 10 day payoff first and that the bank would only forward with the paydown under the approved amount. With this information I proceeded with paying down the amount and adjusting my budget accoring to what I had been told. The day after the loan had... |
Bank of America Consumer Loan taking out the loan or lease March 29, 2016 - On -/-/- my husband and I submitted a loan application to Bank of America for a car. I really did not expect to get the loan since we had a bankruptcy in -, but I thought it worth a try since we have been customers with them for the last 34 years. On -/-/- we received an email from them stating that our loan had been approved. I was ecstatic. I called BOA to find out what our next step was and was told I would receive and approval letter to take to the dealership, fill out the necessary paperwork and be on my way. We did this and spent the whole day at the dealership but l... |
Bank of America Consumer Loan taking out the loan or lease February 9, 2016 - I submitted - applications through the Bank of America, which were both declined and as a result, have negatively affected my credit score due to the number of credit enquiries. The first application submitted for an additional credit card was declined due to not having a 'credit history '. I was issued a letter outing this however, no information was provided to me confirming what the Bank of America classifies as a 'credit history ', how long it would take to establish a 'credit history ' or what I could do to establish a 'credit history '. I did not receive a follow-up phone call or info... |
Bank of America Consumer Loan taking out the loan or lease December 9, 2015 - I applied to Bank of America for a car loan on the purchase of a used car from a private owner. I was approved for the minimum loan of $5000.00 by Bank of America ... I sent the registration and title creating a lien interest in Bank of America. Bank of America has reneged on the car loan and has failed to return the title and has failed to release the lien ... |
Bank of America Consumer Loan taking out the loan or lease December 3, 2015 - I have been a customer of Bank of America for over 15 years with a credit card. I have always paid the monthly fees and my FICO score is in the -. I NEVER asked for a credit increase, but instead of sending me credit cards, B of A keep sending me odd letters saying that there is a problem with an " restricted access notation '' on my consumer credit file. '' This is bogus - a lie. I called B of A several times, including a talk with - on -/-/2015 at - with the credit dept there. She said that there was a problem with my address, which they had it all along- NOTHING to do with m... |
Bank of America Consumer Loan taking out the loan or lease taking out the loan or lease November 29, 2015 - -/-/2011 I paticipated in the " - - '' program with the - located in Illinois. In this program, the dealership takes possession of your current - vehicle and puts you into a new - vehicle. This was not a repossession - this was a dealer incentive program. Bank of America has reported a late payment -/-/2011. In fact Bank of America is reporting paid as agreed payment history from -/-/2011 through -/-/-. I disputed the incorrect late payment with - 12 months ago. Bank of America refused to correct the history. I am disputing the late payment again with -. I am... |
Bank of America Consumer loan taking out the loan or lease November 6, 2015 - I purchased a - - motorcycle 0n -/-/-. Bank of America provided the financing as before on a previous - purchase which was paid in full after only two years. The scheduled monthly payment was around $320.00. I paid however numerous payments of $ -/month and by - of -, my loan was paid down to $6800.00 from $ -. I was sent overseas but received monthly statements which were forwarded to my neighbor for him to watch over my home and mail. Each B of A statement showed an Amount Due : $00.00 because I was paid so far in advance. On the - month, I returned hom... |
Bank of America Consumer loan taking out the loan or lease October 9, 2015 - On -/-/- I applied for credit at - through Bank of America and was denied credit. The reason for the credit denial was I have current or past delinquency with - or more of my creditors. I requested a credit report through -, the same agency they used to deny me credit and there was NO negative info. I filed a chapter - in -/-/-, but its been - years and I do n't see the negative info in my report. ... |
Bank of America Consumer loan taking out the loan or lease June 29, 2015 - I have paid off a car loan and an employee at the loan company is attempting to prevent the car dealership from releasing the title to myself. ... |
Bank of America Consumer loan taking out the loan or lease May 29, 2015 - I HAVE NO CLUE WHO THIS BANK IS BUT REPORTED AS - ON A FRAUD AUTO LOAN I WANT THE INQURIY REMOVED ALONG WITH STATEMENT TO - - AND - TO SUPRESS ANY INQUIRY THEY HAVE MI-ED MY FILE UNDER FALSE NAMES ... |
Bank of America Consumer loan taking out the loan or lease May 1, 2015 - I APPLIED MY CREDIT CARD WITH BANK OF AMERICA ON -/-/2015.ON LINE. I WAS INFORMED ON - -/-/2015 THAT MY CREDIT CARD WAS APPROVED BY THIS BANK. I ALSO GOT A LETTER, DATED -/-/2015 STATING THAT CREDIT CARD WAS APPROVED. I FILE A COMPLAINT ABOUT SAME ISSUE EARLIER WITH CFPB. SO FAR. I DID NOT RECEIVED MY CREDIT CARD TILL - -/-/2015. - - ( TEL # -, - - ) CALLED ME & INFORMED ME THAT CREDIT CARD WAS MAILED ON - -/-/2015, BUT SHE WAS TELLING ME LIE. I CALLED - - COUPLE OF TIME, SHE NEVER EVER COME ON PHONE & NEVER EVER RETURN MY CALL. IT SEEMS THAT BANK OF AMERIC... |