Bank Of America Auto Loan Review 2024 Is It A Good Option The company scores poorly on trustpilot, with 1.4 out of 5 stars from more than 1,350 reviews. in 2021, the consumer financial protection bureau received 115 complaints related to vehicle loans. Bank of america auto loans: 2024 review. published 2024 07 08 12:59:00. written by. rebecca betterton there is no application fee when applying for an auto loan with bank of america, and you.
Bank Of America 2024 Auto Loan Review Financedevil Submit your auto loan application. you can apply on the bank’s website, by phone at 844 892 6002 or at a bank of america location. for purchase loans, you can also apply at the dealership. Bank of america offers auto loans for new and used cars, and it also allows borrowers to refinance existing car loans. take note that the minimum rates below include the 0.50% apr discount. Bank of america car loan rates and features work in most buyers’ favor, but not all — particularly if you’re on a very limited budget and looking to buy a car from a private seller. pros. cons. available in all 50 states. prequalification available. preferred rewards discount. financing for evs and chargers. Bank of america has an a bbb rating, but they do have a staggering 7,534 complaints in the past three years. bank of america bbb complaints tend to be financially related, with claims of fees being charged outside of the contract or loan payments continued to be debited from customers’ accounts after being paid off.
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