Sebring Capital has Unfair Business Practices And Sloppy Paperwork. Rip-off! Carrollton Texas
In July of 2004, my wife and I closed on our first house. Everything was in order, or so we thought. Without going into to much detail, we chose an "interest only" loan. However, after we closed, we realized that the paperwork was drawn up for a "principal and interest" loan. I contacted Sebring Capital and had them investigate the matter.
Over a month later, they finally got in touch with me and told me that the mistake was their's, however, the loan had already been sold to another company, and that there was nothing that they could do. The result: an extra $140/mo. out of an already tight budget. My advice? Stay away from Sebring Capital and their worthlessness.
Craig
Richfield, Minnesota
U.S.A.