Banco Popular North America Bank Account Or Service Complaint

(CD) Certificate of deposit Account opening, closing, or management

Banco Popular North America Bank account or service department,

(CD) Certificate of deposit Account opening, closing, or management California

i opened a 1 year CD with Eloan - 2016 in the amount of $200000.00 usd. i started receiving unknown deposits to my checking account from Banco Popluar-after researching, discovered Eloan /Banco popular same company. 1. They hid the automatic deposit Externally transferring interest monthly to my personal checking, in " my profile '' section at very bottom - that no one told me about. I had to make an expensive call to eloan from overseas ( which is so annoying that they have no other option like live chat or emails to handle customer service actions ) 2.Eloan would not do anything to rectify their actions. i finally could access my online account ( eloan had locked me out of & only option was to call in -another example of eloans horrible customer service ) I went into my now unlocked account & successfully changed it to " add to principal '' on - - 2016. I know it was successful because i did 2 steps to confirm & site said change was now confirmed in red type. 3. On -/-/16 another deposit came into my personal account. ELoan undid the 2 steps i did online to confirm the change to the interest deposit to be " Add to Principal ''. 4. I am disgusted with Eloans fraudulent business practices. I demand they add ALL my interest to my principal from - 2016. To pay me the full compounded interest - that they are trying to short change me. I never, willingly or knowingly authorized the external transfer of interest of my money.

Banco Popular North America customer in California
Dec 03, 2016

* Source: CFPB Complaint Database

Banco Popular North America response to complaint:
Closed with explanation

Consumer disputes how Banco Popular North America handled their complaint

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