Got pre-approved for a car loan of $44,000. Settled a purchase with the car for $23,000. Went to the back to finalize loan, said it had to reset everything because of different amount, stayed in the “under review” status for five full days, owner of the car found a different buyer during that time.
It is completely and utterly laughable that I was prequalified for a certain amount, only asked for a little over half of it, only for US Bank to “review” it for 5 days and then give me the money, and like I said by that time it was too late.
I will never, EVER, do any business with US Bank ever again, and my advice to those who considering using US Bank for a loan, consider using a shady PayDay loan service, preferably one next to a barred up pawn shop, at least there you would get your money…