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  • Report:  #106389

Complaint Review: Citifinancial Services

Citifinancial Services New Jersey people starting a CLASS ACTION on Citifinancial Service Pomona New Jersey

  • Reported By:
    Williamstown New Jersey
  • Submitted:
    Tue, August 31, 2004
  • Updated:
    Tue, August 31, 2004
  • Citifinancial Services
    P.O. Box 1118
    Nationwide
    U.S.A.
  • Phone:
    609-3833285
  • Category:

My parents are both disabled. They got a loan for $5,000 to fix up their house, two months later Citi called them back in to refince the loan again to (save them money ). hat loan jumped to $7,600 (They started adding life Ins. pushing the home & Auto Ins. Two months later they talk them into refincing their first morgage with all the Ins. that ends up making their bill $ 10,000 more on top of the morgage.

Long story short in four years Citi re did there loans seven times ! On the last loan they did ,they gave them the check for $1,000 and told them they did not have to wait the three days. I called the N.J.Division of banking sent them all the imformation. They told me This is called Preatoree Leanding , Equity Stripping ,& Credit Ins. Packing. I am looking for other people that this happen too. I am looking for a law firm that wants to go after Citi. This must stop!

Helen
Williamstown, New Jersey
U.S.A.

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