I just thank God I never took a loan out with the creeps
When I went in to cash a check, the man behind the counter forced me to put $10 on a prepaid card. I complained to the AZ State Attorney General, and ACE called and said they would send a money order for the money I lost on the stupid card I didn’t want in the first place. The money order arrived, not filled out, so I can’t cash it. Cute trick. Back to the AZ Attorney General. I will do my best to put them out of business for fraudulent activity and theft. It’s not a lot of money, only $13. But principle is the point. They are fraudulent, greedy and I will never do business with them again.
They harass me at work and sending threats that they were going to http://www.maxloan.org/payday-loans-ar take me to court because i did not pay them. I paid the amount that i owe them and now they want me to pay the fees for the collection agency.Continue reading “I just thank God I never took a loan out with the creeps”
Are Banks Afraid to Foreclose on the Rich?
I got this report from an attorney who is doing work in one of the top five foreclosure states. I’m relying this account in a somewhat sanitized form; he provided far more in the way of specifics.
One of his colleagues has a monthly mortgage payment considerably above $20,000 a month. He has not made a single payment in over 18 months. He has also not received a foreclosure notice or even as much as a call from his servicer.
Do you see evidence of bank reluctance to foreclose in neighborhoods with very high end homes?
He knows of 20 people personally in his community who have mortgages of over $20,000 a month who have not made a payment in over a year. Some are nevertheless freaked out, concerned that the sheriff will show up any day, and have moved out.
The only theory my contact could come up with is that the high end appliances in these homes would make them particularly attractive targets for stripping, and the banks figure it’s cheaper to keep the nominal homeowner in place rather than pay for security.Continue reading “Are Banks Afraid to Foreclose on the Rich?”