Navy FCU Consumer Loan Complaint

Installment loan Problems when you are unable to pay

Navy FCU Consumer loan department,

Installment loan Problems when you are unable to pay North Carolina

In - an account was opened in my name under false pretense by someone using fraudulent information. The person took the money and ran. I reached out to bank for assistance in getting resolve but they were only concerned about getting paid. In fact their only solution was to put me on a repayment plan with a higher interest rate until the debt was paid. They knew about the scam because of other victims but never offered to help. In - a judgment was awarded against me. At the same time the bank was suing the person who scammed me for the same loan. In - the scammer plead guilty but NFCU still came after me for the money. All of my attempts for resolve were forwarded to their attorney who only allowed for a repayment plan. Today I still suffer from the effects of this mentally and financially.

Navy FCU customer in North Carolina
Jul 21, 2015

* Source: CFPB Complaint Database

Navy FCU response to complaint:
Closed with explanation

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