State Farm Bank Consumer Loan Complaint

Vehicle loan Managing the loan or lease

State Farm Bank Consumer Loan department,

Vehicle loan Managing the loan or lease Texas

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 before - to get a quote for my truck loan and he sold me. I switch over my loan with State Farm. He told me right there in from of everything was set up, including auto pay.Just like he did the car loan. Life went on and on - -, I called - the agent to ask him if the car and insurance went through. He said yes, at the same time I asked him should i call you on


it and I called him everyday about 3 times a day for the next 5 days. He was n't there and finally, i spoke to him and ask him what happened, he said he fixed everything, I told him are you sure, I do n't want this to hit my credit report. He no it wont, just call them and make the payment. I went back to the branch on my day off and - was no longer working there. I went ahead and explained my issue with -. She told me - no longer worked there for this mistakes and he was getting customers upset. She looked through my file and noticed he did n't fill out the paper work correctly and did n't set the auto pay as well. She went ahead and fixed the papers, set the auto payment and the back took my payments for -/-/- and -/-/-. I told her but what about my credit report? She replied NO it should be good and I will fill out this dispute letter and they should be able to take it off. Well it never happened and this unacceptable. I'am trying to close on a house and I cant because they have n't dropped this case on my report. I will living in the streets with my - mother and father. I called and they give me the run around they cant do anything about it. They are responsible for this, for not setting up my account correctly and now am being punished for it. I need to get this removed from my credit report before, i loose everything, my home am trying to purchase and my home am renting. I'am really upset, I would n't be in this situation if - and - would of fixed it 2 months ago. - admitted of getting the dispute document faxed to her, but it was never filled out and send back. They need to take responsibilty and correct this.

State Farm Bank customer in Texas
Apr 06, 2016

* Source: CFPB Complaint Database

State Farm Bank response to complaint:
Closed with explanation

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