Navy FCU Consumer Loan Complaint

Vehicle loan Taking out the loan or lease taking out the loan or lease

Navy FCU Consumer Loan department,

Vehicle loan Taking out the loan or lease Taking out the loan or lease New York

I went into my credit union to get a replacement card and they asked if i was interested in refinancing my car. They worked the numbers up after getting the final payoff amount from - - and I saved $200.00 a month. I agreed to the new loan, they issued the payoff check and I sent it to - -. I just moved house and had not received anything from - - so checked online and found out there was still $5000.00 owing on the car - the credit union issued the check at $5000.00 less than the payoff. I immediately call them and they tell me they can see where their agent made the mistake and I could either recall the payment from - - and stick with the original loan, add $5000.00 to my current loan increasing the payment by $100.00 more than what they quoted me and adding another year to what I originally had or they would give me the original terms and save $30.00. I told them they needed to fix it as I am now required to make a payment on the original - - loan and with their loan, I now have a


and go into the branch. The phone agent was nice, the supervisor was awful and told me it was my own fault for not checking with - - sooner. I explained that i had -, left my husband and had to move my house and business all in a 3 week span and she was not being very helpful. They can see in their system what the correct payoff amount was and that their agent clearly made a mistake and she refused to do anything and again told me it was my fault that I did not check with - - sooner. I was clearly mislead into this loan and they are trying to make me pay more than the terms that were laid out

Navy FCU customer in New York
Nov 30, 2015

* Source: CFPB Complaint Database

Navy FCU response to complaint:
In progress

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