Complaint Review: Green Tree - Rapid City South Dakota

You will need the following numbers; Original amount loaned, interest rate, length of loan. If you have an escrow attached to the loan, you'll have to deduct this from the payment amount. Now, find an online amoritization calculator and input your numbers. This will give you a fairly accurate payment schedule and breakdown of how the payments should be applied (principle, interest, total to date). Compare this to the yearend information supplied to you by Green Tree. If you are not given a year end, contact them (or go online if they have accounts available there) and get copies of the last couple of years MONTHLY accounting. The purpose of this? Any gross discrepancies are going to become immediately apparent, which gives you a starting point to pursue action against them. I played with the numbers that you posted (guessing at interest to bring it as close to your payment as possible), and came up with interest exceeding 11%, based on a 15 year loan (+-), which still applies nearly $80 to the principle per month from the beginning of your loan. You should be well into your loan term after 7 years, and the amount applied to principle should be substantially more than a few bucks per week. Please update and tell us what you've come up with!

You will need the following numbers; Original amount loaned, interest rate, length of loan. If you have an escrow attached to the loan, you'll have to deduct this from the payment amount. Now, find an online amoritization calculator and input your numbers. This will give you a fairly accurate payment schedule and breakdown of how the payments should be applied (principle, interest, total to date). Compare this to the yearend information supplied to you by Green Tree. If you are not given a year end, contact them (or go online if they have accounts available there) and get copies of the last couple of years MONTHLY accounting. The purpose of this? Any gross discrepancies are going to become immediately apparent, which gives you a starting point to pursue action against them. I played with the numbers that you posted (guessing at interest to bring it as close to your payment as possible), and came up with interest exceeding 11%, based on a 15 year loan (+-), which still applies nearly $80 to the principle per month from the beginning of your loan. You should be well into your loan term after 7 years, and the amount applied to principle should be substantially more than a few bucks per week. Please update and tell us what you've come up with!

You will need the following numbers; Original amount loaned, interest rate, length of loan. If you have an escrow attached to the loan, you'll have to deduct this from the payment amount. Now, find an online amoritization calculator and input your numbers. This will give you a fairly accurate payment schedule and breakdown of how the payments should be applied (principle, interest, total to date). Compare this to the yearend information supplied to you by Green Tree. If you are not given a year end, contact them (or go online if they have accounts available there) and get copies of the last couple of years MONTHLY accounting. The purpose of this? Any gross discrepancies are going to become immediately apparent, which gives you a starting point to pursue action against them. I played with the numbers that you posted (guessing at interest to bring it as close to your payment as possible), and came up with interest exceeding 11%, based on a 15 year loan (+-), which still applies nearly $80 to the principle per month from the beginning of your loan. You should be well into your loan term after 7 years, and the amount applied to principle should be substantially more than a few bucks per week. Please update and tell us what you've come up with!

You will need the following numbers; Original amount loaned, interest rate, length of loan. If you have an escrow attached to the loan, you'll have to deduct this from the payment amount. Now, find an online amoritization calculator and input your numbers. This will give you a fairly accurate payment schedule and breakdown of how the payments should be applied (principle, interest, total to date). Compare this to the yearend information supplied to you by Green Tree. If you are not given a year end, contact them (or go online if they have accounts available there) and get copies of the last couple of years MONTHLY accounting. The purpose of this? Any gross discrepancies are going to become immediately apparent, which gives you a starting point to pursue action against them. I played with the numbers that you posted (guessing at interest to bring it as close to your payment as possible), and came up with interest exceeding 11%, based on a 15 year loan (+-), which still applies nearly $80 to the principle per month from the beginning of your loan. You should be well into your loan term after 7 years, and the amount applied to principle should be substantially more than a few bucks per week. Please update and tell us what you've come up with!