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  • Report:  #965104

Complaint Review: CENLAR - Internet Internet

Reported By:
Debbie - Posen, Illinois, United States of America
Submitted:
Updated:

CENLAR
Internet, Internet, United States of America
Phone:
800-223-6527
Web:
www.loanadministration.com
Categories:
Tell us has your experience with this business or person been good? What's this?
We recently inquired about refinancing our mortage to take advantage of the lower rates.  If you have a mortage with CENLAR, (Central Loan Administration & Reporting) Beware!!  When you sign the release for information with the New Lendor, CENLAR will charge you $5.00 for every single payoff report the New Lendor requests.  In trying to Re-fi, I am now out $25.00.  It does not matter how many they get.  The mere fact they were asked, will cost you $5.00!

CENLAR, took from the extra I was sending them toward my Principle, $5.00 for every request made.

They don't even tell you what the fee is for, on your statement, and if you call them, they will automatically tell you it's a Late Fee and blame it on you.


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