Review and analysis of over 132 Installment Loan complaints against Bank of America
Bank of America consumers have reported over 132 official complaints related to Installment loan. Out of the 132 consumer complaints against Bank of America, 23% were disputed by the consumer (i.e. the consumer was not happy with how Bank of America responded to their complaint) and 99% were processed in a timely manner. 4% of consumer complaints against Bank of America resulted in the consumer receiving monetary compensation (e.g. money, cash reimbursement, etc.) and 7% resulted in non-monetary compensation.
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Bank of America Consumer Loan managing the loan or lease January 24, 2017 - THESE ARE THE VALID CCP CODES FOR CALIFORNIA CCP - Those are Civil Codes of Procedure for the State of California. I have a levy put on my account by a creditor whom I 've never heard of. I 've reached out to Bank of America over the phone, sent supporting documents via e-mail, as well as supporting documents to a branch manager for forwarding to your legal department. Not only did I show proof that all monies that were in my account have been for living expenses because of a - - injury / - -, I even forwarded the supporting link as well. I recently had - on - - 2016 ... |
Bank of America Consumer Loan managing the loan or lease January 24, 2017 - CCP - Those are Civil Codes of Procedure for the State of California. I have a levy put on my account by a creditor whom I 've never heard of. I 've reached out to Bank of America over the phone, sent supporting documents via e-mail, as well as supporting documents to a branch manager for forwarding to your legal department. Not only did I show proof that all monies that were in my account have been for living expenses because of a - injury / - -, I even forwarded the supporting link as well. I recently had - on -/-/2016 and all my - payments were almost exhausted. I was ... |
Bank of America Consumer Loan taking out the loan or lease January 16, 2017 - Synopsis of credit denial. I believe denial of a commercial business loan by Bank of America for - - - -, -, with which they have a 12 year positive payment history, which has unpledged assets greater than 4 times the principal value of the loan requested, and in which they initiated the transaction and presented a loan proposal having all credit information, both personal and business available to them prior to the proposal having been made, and then basing the commercial loan denial on a personal home foreclosure was an excuse and not the true reason for the loan denial. The ... |
Bank of America Consumer Loan managing the loan or lease January 10, 2017 - - I got a phone call today from Bank of America. Someone there now wants me to call them. No. That has not worked. I will not be put on hold. I will not be stonewalled. I will not repeat myself. I will not be bullied. I will have a record of what they say. I have a copy of their internal memo - -/-/2016. That is Bank of America policy. They can reach me at my email address. I asked two questions in my original complaint to the Federal Reserve Bank. Those questions were not rhetorical. Is United States Currency not legal tender without an ID? Are people without an ID forbidden to pay t... |
Bank of America Consumer Loan managing the loan or lease December 22, 2016 - -/-/2016 Bank of America credit card statement. As soon as monthly statement cut on -/-/2016, I electronically scheduled to pay the minimum payment as presented on statement. I did not know what the minimum payment would be until after the statement cut on -/-/2016. Bank of America applied this -/-/2016 payment ( posted -/-/2016 ) to the -/-/2016 statement even though they previously applied a -/-/2016 minimum payment to this statement and after the -/-/2016 statement was cut. Why would BofA apply a second minimum payment to a statement that had ... |
Bank of America Consumer Loan problems when you are unable to pay October 2, 2016 - This issue occurred toward the end of my HARP loan process on - -, 2016. I got a call from the loan officer saying the underwriter noticed a lien on my existing mortgage. I had no idea what they were talking about. I was told to contact bank of America for details. I walked into the bank and no one was able to assist me. I came back another day and someone submitted an elevated request on my behalf regarding this mystery lien. A few days later I got a call from a BOA representative and she told me that I need to get a title search done. After I got that done I called back and was re-rout... |
Bank of America Consumer Loan shopping for a loan or lease July 29, 2016 - I applied for a Home Equity Line of Credit with Bank of America ... I have been with them for 19 years and am a platinum preferred customer. At application, I explained that I wanted the line of credit to fix my decks on my house. At that point I had not started the project and they did not inform me that in order to receive a loan, the project could not start - in fact, the duration of the process took so long that that I was at risk of losing the contractor and price we negotiated. I provided all the documents and everything was fine, but the automated appraisal came through a little lower... |
Bank of America Consumer Loan problems when you are unable to pay July 18, 2016 - I have been attempting to have late payments removed from credit reporting for about 6 months now with Bank of America. in - and all of -, i was facing financial hardships due to under-employment and fell behind on my mortgage payments. I was able to reach an agreement with this servicer to help me modify my mortgage and i have been back on track with my payments for about 18 months. I have asked through a third party that the late payments be removed from my credit reporting many times with no avail. I am reaching out today for help because these late payments are creating a new finan... |
Bank of America Consumer Loan problems when you are unable to pay June 28, 2016 - The bank force me into a charge off but then we were approved for the Service Relief Act and it was cleared up in 2011. Now they are reporting this as a charge-off loan as of this year.... |
Bank of America Consumer Loan shopping for a loan or lease June 13, 2016 - This is a dental practice loan. Applied for refinance. This company already has the original loan. Process started in -/-/-. Company has not been adequately responsive for last 2.5 months.. meanwhile I am paying the added interest to them. They are not answering emails or phone calls. I have been " approved '' per agent ( - - ) yet received no call backs for over ten days. HE is consistently not responsive. I left messages with other agents in an attempt to move this along. still no response ... |
Bank of America Consumer Loan taking out the loan or lease June 10, 2016 - Before applying for a Bank Americard Cash Rewards Card, I was told " your interest rate will be determined upon approval '' and told ... '' you may cancel the card if I am not happy with the interest rate. '' I applied for the card and received notice saying " your credit application has been approved with a $13000.00 credit line. '' There was not mention of the interest rate as promised. I consider this false advertising. I called, no one could tell me what the interest rate was, and I was told to wait - weeks until the card and paperwork arrives. I would have not applied if it took we... |
Bank of America Consumer Loan managing the loan or lease May 11, 2016 - I had an equity loan with Bank of America that was paid off on -/-/16. I have requested NUMEROUS times for them to send me an accounting of the figures closing out the loan. I believe it is call the Truth and Lending statement. They have continually refused and previously I complained to you because they refused to give me any information on this loan other than charging me an outrageous amount of interest that they did not break down or define at how it was arrived at. My prior case with you is, - # -. I received a letter from Bank of America today from their department that handl... |
Bank of America Consumer Loan managing the loan or lease May 1, 2016 - In 2007 I took out an equity loan with Bank of America for $25.00, -. The original documents for the loan have been misplaced and after 9 years I inquired on the loan because it had been so long and figured I was almost done paying the loan off. I am a senior and currently on - so I live on a very limited income. When I inquired on the loan I was informed that the loan would not be paid off until the year - and it is my belief that I am being scammed. I was informed by the agent that out of my monthly payments only cents are going towards the principle of the loan. I asked for copie... |
Bank of America Consumer Loan managing the loan or lease April 26, 2016 - I had a home equity loan with Bank of America. It was paid off almost two months ago. I received nothing and all information was removed from online so on - - I called and I told them I wanted an accounting of the payoff since there was noting online. They told me I was to receive a $260.00 but did not send an accounting which at this point I demanded. I reiterated several times my request for an accounting bringing all information current from my last statement. Subsequently I received a check in the mail for $110.00 with absolutely nothing else - NO explanation as to how that amoun... |
Bank of America Consumer Loan managing the loan or lease March 22, 2016 - I obtained a $35000.00 - Loan with Bank of America in -. This loan was solicited to me as a fixed rate, 60 month term loan. However, the loan was converted in - or - to a revolving account without my consent. I have tried unsuccessfully to resolve this issue with the bank to no avail. From documentation I 've received, the bank does n't know how much the loan was for or the APR nor the terms. I 've received letter stating the loan was for $35000.00 then another - saying it was for $37000.00. In addition, I had a Bank of America credit card during this same time and all the... |
Bank of America Consumer Loan shopping for a loan or lease March 14, 2016 - -/-/2016 I was researching for a good option to payoff a high interest mortgage I have on a property. I came across a good opportunity from Bank of America and started the application process for a line of credit. They asked for a good estimate of the value of my property and request my realtor to prepare a value analysis, he told me I can market it at least at $ -. I requested a $ - line of credit based on this number. After a month of sending tons of papers and information they came back telling me my property was appraised at $560.00 based of some data. At that time I requested a ... |
Bank of America Consumer Loan problems when you are unable to pay December 12, 2015 - I was trying to get direct deposit so bank of America can get there payment the payment did n't get set up in time so I all bank of America I spoke to one of the customer service representative I was told she would n't she could n't accept my payment but could accept my late fee which was - dollar so from then on my account was late account was behind so far it is hard for me to catch so since then I have been making my payment so they told me they would wave all my late fee and for me to start paying - a month to get caught by they are not fair and they tell you one thing and do somethi... |
Bank of America Consumer Loan taking out the loan or lease December 9, 2015 - I applied to Bank of America for a car loan on the purchase of a used car from a private owner. I was approved for the minimum loan of $5000.00 by Bank of America ... I sent the registration and title creating a lien interest in Bank of America. Bank of America has reneged on the car loan and has failed to return the title and has failed to release the lien ... |
Bank of America Consumer Loan taking out the loan or lease December 3, 2015 - I have been a customer of Bank of America for over 15 years with a credit card. I have always paid the monthly fees and my FICO score is in the -. I NEVER asked for a credit increase, but instead of sending me credit cards, B of A keep sending me odd letters saying that there is a problem with an " restricted access notation '' on my consumer credit file. '' This is bogus - a lie. I called B of A several times, including a talk with - on -/-/2015 at - with the credit dept there. She said that there was a problem with my address, which they had it all along- NOTHING to do with m... |
Bank of America Consumer Loan problems when you are unable to pay problems when you are unable to pay November 16, 2015 - My ability to maintain employment is dependent on having a clean credit history. Bank of America has failed to establish a loss as they indicated in their letter at the time of repossession. ( Stated that they would auction the collateral within 7 days and I would be responsible for the deficiency, Letter dated -/-/- ). Since -/-/- we have no additional correspondence on the loan, and our ability to review any information on line has been removed. Eight months later they have not sold the collateral, and have continued to run up expenses associated to the debt, increasing my potenti... |
Bank of America Consumer loan managing the loan or lease November 5, 2015 - I received 96 month fixed term loan from Bank of America. Made - payment -/-/-. Made last payment -/-/-. I have made - consecutive payments of amount due and have not missed - payment. I have paid more than amount due totaling $990.00 and overpaid by - payment ( $440.00 -. B of A says I still owe them $6500.00. How can I owe them, if I followed terms of loan? I wrote them back -/-/- and letter came back undeliverable. I was concerned then that my balance was not going down. I filed complaint with you and received response from B of A -/-/-. Letter said ... |
Bank of America Consumer loan managing the loan or lease October 31, 2015 - I made a large payment on my Bank of America credit card which I have had for 13 years. I thought the large payment would help my credit, but instead they immediately lowered my credit limit, ruining my credit and I have no funds to use. I have always been on time with my payments and I was n't even notified! This company is evil and low life. ... |
Bank of America Consumer loan taking out the loan or lease October 9, 2015 - On -/-/- I applied for credit at - through Bank of America and was denied credit. The reason for the credit denial was I have current or past delinquency with - or more of my creditors. I requested a credit report through -, the same agency they used to deny me credit and there was NO negative info. I filed a chapter - in -/-/-, but its been - years and I do n't see the negative info in my report. ... |
Bank of America Consumer loan problems when you are unable to pay September 21, 2015 - On - -, 2015 I had an appointment at the Bank of AMERICA ( BOA ) to acquire about Loan to purchase a new car since I am living in Texas unable to maintain my Medical appointment at the - - -, Texas or visiting other Physician at - clinic. including shopping for food. Going to Church I have found out that - has denied my credit based on Information according to -.. Saturday - -, 2015 I went to - - to purchase a - - I found out the same issue regarding - and - keeping record on me. A company that beneficial from the TARP money and was prosecuted by... |
Bank of America Consumer loan problems when you are unable to pay August 29, 2015 - On - -, - - - of - - - -, -, a lawyer for the plaintiffs in - class actions pending in New York bankruptcy court, confirmed Monday that the - banks agreed last week that within the next three months, they 'll either report this debt as included in bankruptcy and remove any negative information or will delete it entirely from credit reports. The lawsuit, filed in Federal Bankruptcy Court in - -, accused the banks of engineering what amounts to a subtle but ruthless debt collection tactic, effectively holding borrowers ' credit reports hostage, refusing ... |
Bank of America Consumer loan managing the loan or lease August 12, 2015 - this is additional information concerning my complaint number -. My Names is - -. I did some research on my own and the loan I took out in - was a Bank of America Clean Sweep Loan, however this loan was done over the phone with a customer representative. The Loan was a one time deposit of $37000.00 dollars and the fixed rate of 15.9 % which came to payments of $660.00 for 72 months ( 6 years ). The representative was clear on the fixed rate. I understand those loans may have been advertised by Bank of America as variable rates through other advertising for these type loans. The... |
Bank of America Consumer loan managing the loan or lease August 5, 2015 - In - -, had a $37000.00 loan ( they describe it as a Line of credit ) however it was a one time deposit to my account, with set payments of $660.00 per month for 60 months. That said I have been paying on this loan for over 90 months. I am in the military and have been - from - to -. Now that I am back in the -, I have had time to try to see why this has happened and the Bank of America stills expects 6 more payments of $690.00 plus. I have called them and asked how a set number of payments has gone over Seven years expecting to surpassing Eight Years, I would not have ... |
Bank of America Consumer loan managing the loan or lease August 2, 2015 - bank of america gold option account has overcharged me for seven years as if I were a month late and tacked on upwards of - dollars worth of fees that were misrepresented and not understandable by the statements I received. I also asked them to mail all statements and they only sent from - instead missing at least - statements so I have no way of telling how much they originally charged me on this loan and what the fees were. Ihave paid on time for over seven years and have bank account statement proof but they have informed me they plan to close the account as soon as is paid and thi... |
Bank of America Consumer loan managing the loan or lease July 21, 2015 - The monthly statement lists the New Balance Total, Total Credit Line and Total Credit Available. I have not accessed the credit line in years but called today to request money from the credit available. I was told the account was closed and I could not access any money. The statement is deceptive and misleading. All this time I considered that available in the event of an emergency. I call today and only need - of what is stated as available and told no, there is no credit available. ... |
Bank of America Consumer loan managing the loan or lease July 16, 2015 - An old mortgage is listed on personal credit file inaccurately. Several times this item was disputed and nothing has been addressed with the creditor and credit agencies. I am requesting your firms help to resolve this matter. A couple things, - and - list 120 days past due which is inaccurate as this account was paid and - also list a payment of $8100.00 as the payment amount which is inaccurate also. I do not agree with the - and feel this company does n't even have records to support the inaccurate data listed. Please help assist me ... |
Bank of America Consumer loan managing the loan or lease June 25, 2015 - I have been trying to get help resolving a lot loan charge off with BOA and I am getting the run around. ... |
Bank of America Consumer loan managing the loan or lease June 14, 2015 - I went through this awhile back, Bank of America lost my mortgage to the tune of $ -.They would not do anything to set it right. They were to busy because they were selling a Bank in -. The other Bank was a shady one also. How can the - let this go in our country. Got to go now steamed up again! ... |
Bank of America Consumer loan managing the loan or lease June 1, 2015 - We had a Bank of America home equity loan protection plan, that they cancelled without offering anything to fall back on. How can the bank we have our mortgage and home equity loan through, just cancel it without helping the customer 's find another protection plan, or other alternative. Thank you. ... |
Bank of America Consumer loan taking out the loan or lease May 1, 2015 - I APPLIED MY CREDIT CARD WITH BANK OF AMERICA ON -/-/2015.ON LINE. I WAS INFORMED ON - -/-/2015 THAT MY CREDIT CARD WAS APPROVED BY THIS BANK. I ALSO GOT A LETTER, DATED -/-/2015 STATING THAT CREDIT CARD WAS APPROVED. I FILE A COMPLAINT ABOUT SAME ISSUE EARLIER WITH CFPB. SO FAR. I DID NOT RECEIVED MY CREDIT CARD TILL - -/-/2015. - - ( TEL # -, - - ) CALLED ME & INFORMED ME THAT CREDIT CARD WAS MAILED ON - -/-/2015, BUT SHE WAS TELLING ME LIE. I CALLED - - COUPLE OF TIME, SHE NEVER EVER COME ON PHONE & NEVER EVER RETURN MY CALL. IT SEEMS THAT BANK OF AMERIC... |
Bank of America Consumer loan managing the loan or lease April 28, 2015 - Bank of America provided checks with my Equity Line of Credit. The - check ( # - ) was deposited into the payee 's Bank of America account. The - check ( # - ), made out to the same payee, was rejected by a branch of Bank of America ; the reason, REASON-S ''. My primary concern was to have my rejected check ( # - ) stopped permanently since the payee refused to return it to me, but according to a number of representatives with whom I spoke, the stop '' can only be executed for 6 months at a time and then must be renewed. Since my Line of Credit expires in 2019, I will have to ... |
Bank of America Consumer loan managing the loan or lease April 24, 2015 - my bank of america housing servicing loan just disappeared in the state of mississippi where did my credit go to in mississippi ... |