USAA Savings Consumer Loan Complaint

Installment loan Managing the loan or lease

USAA Savings Consumer Loan department,

Installment loan Managing the loan or lease Tennessee

My husband recently -. Prior to leaving he submitted the required paperwork to USAA ( just as he had done for previous - ). Recently we received a letter from USAA denying our SCRA benefits and they would not be lowering our interest rates to the 6 % let alone the 4 % that they advertise. They state that we incurred the debt after entering into this activity duty status, therefore we do not qualify. Since he just recently -, this is not possible and the debts were previously incurred. After multiple - and submitting this paperwork to multiple institutions USAA is the only financial institution that has denied the benefits. I would also like to note USAA did not deny our request for the previous -. I was transferred to - different associates that failed to assist me. When I spoke with one of the representative at USAA he stated that this benefit only applies to reservists, when they are called to activity duty.

USAA Savings customer in Tennessee
Aug 12, 2016

* Source: CFPB Complaint Database

USAA Savings response to complaint:
Closed with explanation

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