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  • Report:  #1134871

Complaint Review: Vanderbilt Mortgage

Vanderbilt Mortgage Clayton Homes Age discimination, Breaking Federal Law Maryville, TN Nationwide

  • Reported By:
    anonytex — Cleveland Texas
  • Submitted:
    Sun, March 30, 2014
  • Updated:
    Sun, March 30, 2014

My mother, brother and I applied for financing a mobile home at Clayton Homes.  Everything was cool, "you're approved".  Then things kept changing.  They wanted upwards of 14 percent interest.  The salesman actually told me that it was because of my mother's age.  He said, "It looks like discrimination, but it's not, they're offering a loan.."  I'm sorry, but that is discrimination and a violation of federal law.  Under federal law you cannot change the terms or interest rates because of race, creed, age, religion etc.  Recently, I called another Clayton dealer amd told him about my experience with Vanderbilt.  He told me that "I know we're not supposed to.. but we'd have to take age into consideration again.." blah blah blah.  That's an actionable cause, and next time I will take legal action.

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