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  • Report:  #34478

Complaint Review: Fairbanks Capital Corp. - Salt Lake City Utah

Reported By:
- Mckeesport, PA,
Submitted:
Updated:

Fairbanks Capital Corp.
3815 SW Temple Salt Lake City, 84115 Utah, U.S.A.
Phone:
800-944-1212
Web:
N/A
Categories:
Tell us has your experience with this business or person been good? What's this?
My mortgage was sold to fairbanks from Equicredit,which I had been with for 3 years and never had a problem.

As soon as they took over I got threatening lettters,exhorbitant late fee notices,and in a month a foreclosure unless I paid over $1500 in mostly charges.

I was lucky to have an escape in my 401K for foreclosure threats.

Then in the process of trying to get my own insurance,they sent me a notice and said my insurance through them would cost $1200.00 a year,and only cover the house,no contents,this would cost me $106 a month.

Then a month later i geta nother bill for $1400 that will be added to the monthly bill at a rate of $121 extra per month.

This takes my little payment from $457 to $691 for the next year.

I am paying $2600 for homeowner's insurance for a year.

If I had my own I could pay $270 a year.

My mortgage has not even been with Fairbanks for a year and I have already paid last years insurance in that threateening foreclosure letter.

This is obscene.

That is a car payment.

Mark

Mckeesport, Pennsylvania


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