- Report: #268204
Complaint Review: Beneficial - Pittsburgh Pennsylvania
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Author Confirmed
Why?
Beneficial
1025 Washington Pike Bridgeville Pennsylvania 15017 Pittsburgh, 15017 Pennsylvania, U.S.A.
Phone:
412-2218601
Web:
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Beneficial These are the definition of predatory lenders! ripoff Pittsburgh Pennsylvania
My credit score was c+ to b yet my loan is 25% apy for 180 months plus fees. I originally thought it was for 60 months no fees and a lower rate. On a $6k loan in 38 months I've paid them nearly $4k and less than $300.00 has appliedto principal.
They tried to "pack" my loan with insurance. They did not supply me with all of my loan documentation.
They used high-pressure tactics, commended me on my credit score and told me I would be getting a "good rate".
I've tried to resolve this. I have faithfully made my payments. However, anyone in this position. PLEASE contact your Attorneys General office of Consumer Affairs, and deposit all of your payments in escrow pending a resolution.
That is what I am doing today!
Bill
Pittsburgh, Pennsylvania
U.S.A.
They tried to "pack" my loan with insurance. They did not supply me with all of my loan documentation.
They used high-pressure tactics, commended me on my credit score and told me I would be getting a "good rate".
I've tried to resolve this. I have faithfully made my payments. However, anyone in this position. PLEASE contact your Attorneys General office of Consumer Affairs, and deposit all of your payments in escrow pending a resolution.
That is what I am doing today!
Bill
Pittsburgh, Pennsylvania
U.S.A.
1 Updates & Rebuttals
Robert
Buffalo,New York,
U.S.A.
So you've stop paying them?
#2Consumer Comment
Fri, August 17, 2007
You wrote: "I've tried to resolve this. I have faithfully made my payments. However, anyone in this position. PLEASE contact your Attorneys General office of Consumer Affairs, and deposit all of your payments in escrow pending a resolution. That is what I am doing today!" Who told you do stop paying and set up an escrow account? I might understand doing that if you filed a lawsuit against them that is pending and a court ordered a "stay" of making payments until the case is adjudicated. What makes you think you can do this???
