Add one more dissatisfied customer to the already long list against fairbanks capital/select servicing portfolio.
They have added returned check fees in error and we have the bank statements to back this statement.
Also, they have added late fees, corporate advance fees, attorney fees.
They have, at this time, several payments amounting to over fifteen hundred dollars in suspense because they say the loan is in foreclosure.
We have the cancelled cashiers checks, not personal checks, showing they have cashed them and not credited our account
At this time, they are threatening foreclosure, and according to what we are seeing on the internet, they will probably be successful even though we have not missed payments.
This happened once before on this account and I borrowed 2500.00 to pay them what they said I owed and I am still repaying this loan.
Funny thing is, this always comes up in the month of februray.
Fairbanks was sued by the government for its servicing practices.
#2Consumer Comment
Thu, April 07, 2005
It is not clear whether the problems with Fairbanks arose as result of mismanagement or deliberate corporate policy. See http://www.ftc.gov/opa/2003/11/fairbanks.htm.