Review and analysis of over 25 complaints against State Farm Bank
State Farm Bank consumers have reported over 25 official complaints related to Managing the loan or lease. Out of the 25 consumer complaints against State Farm Bank, 28% were disputed by the consumer (i.e. the consumer was not happy with how State Farm Bank responded to their complaint) and 92% were processed in a timely manner. 20% of consumer complaints against State Farm Bank resulted in the consumer receiving monetary compensation (e.g. money, cash reimbursement, etc.) and 16% resulted in non-monetary compensation.
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State Farm Bank Consumer Loan managing the loan or lease April 6, 2016 - In - 2015, we switched our vehicle insurance to State Farm. I received a phone call from a gentlemen named - a agent, Asking me if I wanted to save money on out auto loan and he could get us a lower rate interest and our auto payment would be lower. We made appointment and I went to speak to him at the branch that week. He quoted me some quotes and I decided to transfer my loan with them, to save money. He set up everything including auto pay, because he said that this would be the only way the bank would approve it, so he did. My first payment was until -. I went back into the branch... |
State Farm Bank Consumer Loan managing the loan or lease managing the loan or lease December 7, 2015 - My vehicle is currently insured by - - - and financed through State Farm Bank. I was involved in a head on collision on -/-/15. I 'm being told by State Farm Bank that if I do not make a car payment by -/-/15 I will lose my " Payoff Protection '' offered through State Farm. The collision was not my fault and - - - - has not yet evaluated my vehicle. Because they have not evaluated the car, I will now have to make a car payment for a vehicle that is not functional. If I do not make the payment, I will then be responsible for the entire balance owed on the vehicl... |
State Farm Bank Consumer loan managing the loan or lease September 18, 2015 - When you log-in to State Farm Bank 's online service, there is no option to view your vehicle loan 's accumulated interest. This is the interest that builds up, over time, which you still owe the company. Because of this, you are unable to know at any given point the total amount of money you owe the company, if payments are being properly applied, or if they are computing the interest rate properly. From a consumer standpoint, this is an overwhelming disservice. ... |
State Farm Bank Consumer loan managing the loan or lease May 26, 2015 - On - -, -, I took my - - - Coupe ( - ) to - in -, Texas to see what they would offer me to purchase the car. At the time I was interested in a new - -, which had substantial incentive programs going for a limited time, savings in excess of $6000.00. So, my options were to sell the - - to - or to trade it at a dealership for the new one, if the dealer offered me the same or more, because there would be a sales tax benefit in the trade as well. Much to my surprise, - said that they could not offer me anything for the vehicle, because their - -... |