Devon Bank
Devon Bank Overview
The aggregated data is based on reviews and questionnaires provided by PissedConsumer.com users.
Devon Bank has 1.3 star rating based on 1 customer reviews. Consumers are mostly dissatisfied.
- Rating Distribution
Chicago, Illinois
Unislamic practices, very deceptive!
In regards to their Islamic Finance department...Devon Bank is deceptive to say the least. We were strung on with false assurances for over 3 months.
I was told 10% down is what the bank would require for the second note. No problem! Bank fully aware of all the terms we were willing to do before we even applied. Got a preapproval and was told to bring them a signed contract and we can proceed.
All was fine until I had reached an agreement with the seller. Contract ready! When I asked for loan estimate and disclosures is when everything got hard. Loan officer kept saying he will give it to me once he gets a signed contract.
I advised him of my right under Truth in Lending Act and to please provide so I can make an informed decision. That's when my pre approval turned into a "not official preapproval". It is my sincere belief that those disclosures were withheld in order to lure me into signing a contract so they can raise rates and I would have no other choice to accept their terms. I have proof such as emails and voice recordings.
I am relieved I have enough sense to never sign a contract without all the proper disclosures. Consumers beware!!Dishonest and Unislamic.
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