Payday loan, title loan, personal loan, or advance loan -- Getting a line of credit -- Complaint #8395038

Complaint Overview

Complaint ID: 8395038

Company: Bank Of America, National Association

Product: Payday loan, title loan, personal loan, or advance loan

Sub-Product: Personal line of credit

Issue: Getting a line of credit

State: Illinois

ZIP Code: 60618

Date Received: 2024-02-21T12:00:00-05:00

Date Sent to Company: 2024-02-21T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

I recently discovered that Bank of America had opened a {$25000.00} line of credit for me that I did not authorize or consent to. I have never been a Bank of America customer, nor requested a loan. I do not know when this account was started. I have not performed any actions yet nor contacted Bank of America.

Frequently Asked Questions

What is Complaint #8395038 about?

Complaint #8395038 was filed against Bank Of America, National Association regarding Payday loan, title loan, personal loan, or advance loan specifically about Getting a line of credit. It was received by the CFPB on 2024-02-21T12:00:00-05:00.

How did Bank Of America, National Association respond to this complaint?

The company responded with: "Closed with explanation". The response was timely.

What is the risk level of this complaint?

See the risk assessment section for details on this complaint's risk profile.

How do I file a similar complaint?

You can file a complaint with the CFPB at consumerfinance.gov/complaint. Select the appropriate product category (Payday loan, title loan, personal loan, or advance loan) and describe your issue in detail.

Can I see other complaints against Bank Of America, National Association?

Yes, visit the Bank Of America, National Association company profile at readthecomplaint.com/company/bank-of-america-national-association to see all complaints, risk scores, and analysis.

Disclaimer

This analysis is AI-generated based on publicly available CFPB complaint data. It does not constitute financial or legal advice.

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