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Beneficial Finance HSBC Fraudulent to spouse Elk Grove Minnesota
While I was married and stationed in another state, my ex-wife applied for a line of credit through Beneficial of Elk Grove. The loan officer put in the application that she worked in day-care (which she did not). They also put it against the house without my knowledge. They gave her a $15,000 line of credit which she quickly exhausted. The payments were very high and she finally told me about the loan and had it set up to roll into a second mortage. I agreed but later found out how high the payments/interest was. She divorced me a month later and I was stuck with the bill.
Beneficial refused to work with me during the divorce and consatntly harassed me. I was finally able to set up a short sell which Beneficial again refused to work with.
They finally agreed two days before the house went up for auction, but made me continue to make the same payments.