Complaint Review: Fairbanks Capital Corporation

Fairbanks Capital Corporation has charged us bogus late fees and insurance fees. Increased our pricipal balance by thousands.

They intimidate and threaten foreclosure even though proof has been given them that payment was made.

We have received in the mail other peoples information concerning their loans (i.e. when foreclosure sale will occur, amount owed on the mortgage, and who their attorney is). This information was sent to us among other papers Fairbanks was sending us).

They have charged our account fees for attorneys, property preservation, appraisal fees, speed pay fees, just to name a few.

They tell us that they are not obligated to tell us why these fees were incurred. They have also told us that they will release no information concerning our account with them until we provide them with our employers phone number and address. They have even talked with our minor children concerning our account and have scared them to tears. Telling our children that we will loose our home unless mom and dad get the message and return the call immediately.

This company needs to be seriously investigated for fraud and misrepresentation.

Sandi
Raymond, California
U.S.A.