Fairbanks Capital Corp. RIPOFF, NOW STEALING HOMES IN CONNECTICUT Jacksonville Florida
OK, Here it goes,I was orginally finance with Equi-Credit until Fairbanks took over my loan.I too am now frustrated on a daily bases.I have been fighting with Fairbanks for 2 years and feel it's been a power struggle. Rude customer service, never getting answers on accrued charges. They constantly say to mail a letter to the complaint department and never get a reply. The following months bill is received and more charges are accruing. Couple of months ago we were just told that each time you receive a "ON DEMAND LETTER" in the mail, it costs YOU (the customer) $10.00 for a piece a paper. Each time you answer the the telephone when they call, it costs YOU (the customer) $15.00. Fairbanks insists I had a drive by appraisal done on my home, wants me to pay $250.00 for documents they won't send copies of. Attorney fees for an aledged forclosure back in 2001,w hen they first took over my mortgage.(I was never notified of this.)
NOW as of 1/27/04, I have in my hands FORECLOSURE Documents. After the property has been my husbands family since 1800's, had to tear down a house and rebuild in 1998, now the bank wants it. How can I stop it? My husband made a payment arrangement with the CT State Marshall for back taxes to which we are paying, But that's not good enough for Fairbanks. Made a payment arrangement with Fairbanks to catch up(only 2 months behind) they said OK, the day comes to put the check in the mail, and we get served court documents. We were not notified of such procedure going to take place. My husband has been on the phone trying to play "Let's Make a Deal", they tell us to keep calling back etc.. and so we do. 4 Days later, NO idea on amount they want upfront so we can hang on to the house.
Now they say, call us back when you get your tax return. Which will be after our first court date. We asked about sending a payment, they refuse to accept payment from us, they will just mail it back they said. What do I do???? I have already tried to refianance, Fairbanks held back payoff information in a timely manner, so I was turned down, after a second credit report was pulled. Is anyone else out in CT, in the same Boat? I just may concider hiring an attorney in Connecticut.
PS, I find it quite coinsidental that I received a Foreclosure notice along with 17 others in my area, now that this company needs the funds to payoff settlements. My Log home is worth $305,000(unpopular in my area) and I only owe 197,000. Go figure?
Jessica
Danielson, Connecticut
U.S.A.
1 Updates & Rebuttals
Jessica
Danielson,Connecticut,
U.S.A.
FAIRBANKS-EQUICredit LOOK OUT!!!!-TOTALLY RIP OFF COMPANY
#2Author of original report
Sat, February 21, 2004
There is light at the end of the tunnel if you can get there. We got an approval for a 2nd mortgage to get these LIARS OFF our back temporarily with option to Refiance in July as 1st mortgage holders. But Beware of outcomes of "FEES" Galore! Reinstatement quote from Fairbanks/Equi-Credit as of 2/11/04,Late charges (I always paid my late fees,they refused to give me report)NSF charge(I gave author.for 1 elect. deduction on a said date,accessed my account the day before and 2 times in 1 day after getting the money)(I already paid my bank fees $15.00 each time why pay more)They accessed the account 4 times with 1 authorization on a specific date. Escrow Advances (to which I am aware of),Property Inspections,Broker Price opinions Interest on Advances(What advances? they never gave me any money?)Demand assessment,Fax Fees,Forclosure Fees,Appraisal fee(Where's my documents?)Recording fee,Overnight delivery fee.(according to rep on the phone).I must add within the late charges is hidden charge for appraisal fee. This company has refused to give me a break down of all these fees accrued.They want $24,872.89.
I have been constantly harrassed by phone 5+ times daily,I have been told by a Rep. of Fairbanks & I quote "Fairbanks is not a mortgage company they are a loan shark,that they can take my house when they d**n well please",I get letters in the mail,representatives put self stick notes (not in envelopes)into my mailbox (isn't that a federal offense?)and notes in my front door stating "A representative called on you today,to please contact the Loan Servicing Center."I have contacted them,A rep. informed me,each time I answer or return a call it costs "ME" $15 for the call,On Demand Letters $10.I send my payments to them,they don't credit my account in a timely manner.It takes 20 days for my Checks to clear the bank.I questioned acrued fees being charged,they refused to explain.I asked about sending the payments,was told it will be refused and sent back to me. ***I can see light but it's not coming quick enough,I have filed a complaint with the attorney general of CT. Hopefully these MAD PEOPLE will be STOPPED before it's too Late!GOOD LUCK TO YOU ALL, HOPEFULLY THIS WILL END FOR ALL OF US SOON...KEEP FIGHTING, DON"T LET THEM WIN!!!!