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09-04-2018, 05:12 PM | #1 |
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Anyone have success doing an ED with a Bank of America auto loan?
Secured a very good rate from them, but they are expecting title within 14 days of disbursement. Hoping for any tips on how to explain the ED process (and title timing) to them so that an exception to their general rules can be granted.
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09-04-2018, 06:16 PM | #2 |
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Why not just use PenFed? They always have the best rate, I've used them countless times for ED.
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09-05-2018, 12:57 AM | #3 |
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09-05-2018, 10:28 AM | #4 |
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I would start by just calling them and asking. Might have to talk to someone above a front line rep. Alternatively, you could always finance with BMWFS and then do a re-fi after you pick up the car (although the rate may be slightly higher).
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09-05-2018, 11:21 AM | #5 |
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I did. My title was late
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09-07-2018, 05:06 PM | #6 |
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How did that go for you? I basically abandoned my application this afternoon after multiple phone calls and letters explaining the process to my loan rep (who checked with her manager) to no avail. They were firm that they could not provide the loan if title was going to be delayed.
Last edited by PhiTauBill; 09-20-2018 at 07:30 AM.. |
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09-07-2018, 05:12 PM | #7 | |
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Quote:
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09-08-2018, 01:55 PM | #8 |
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09-20-2018, 07:30 AM | #9 |
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09-20-2018, 07:32 AM | #10 |
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If they just needed the title, I suppose you could've had the dealership register the car when you paid for it (before ED) and that would generate the title.
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