- Report: #49289
Complaint Review: Household Finance - Internet
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Author Not Confirmed
Why?
Household Finance
www.householdfinance.com Internet, U.S.A.
Phone:
865-584-0210
Web:
N/A
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Business Rating:
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Household Finance dishonst and deceptive company with false promises In three years I have paid 27,000.00 in interest and my loan has increased instead decreasing. Knoxville Internet
I refinanced my home about 3 years ago with Household Finance thinking I was improving my overall debt that I had with credit cards. I was told told if I refinanced with HFC that my interest rate would be better and my loan would be shortened. Instead my interest rate went from 6.25% to 12.45% and my loan went from 20 years to 30 years.
I was told I could sell my house at anytime but that turned out to be untrue because I am in the process of selling my house and I have been faced with a pre paid pentalty if I sell the home early. The pentalty was for $5.000, However the pentalty was suddenly dropped when I told them I might seek legal represention since this was not explained during the closing time of this loan.
Since tryng to sell my home I have came up against road block after road block with HFC. I tried for almost a week to get the pay off on my house. The pay off came back $1.000 more than the actual loan was taken out for. I asked the reason and HFC told me it was from excessive late charges however I have only been late 1 time in 3 years with my payment. In three years I have paid 27.000.00 in interest and my loan has increased instead decreasing.
I am in the process of finding out how to file a class action lawsuit against this company.
Elizabeth
Knoxville, Tennessee
U.S.A.
I was told I could sell my house at anytime but that turned out to be untrue because I am in the process of selling my house and I have been faced with a pre paid pentalty if I sell the home early. The pentalty was for $5.000, However the pentalty was suddenly dropped when I told them I might seek legal represention since this was not explained during the closing time of this loan.
Since tryng to sell my home I have came up against road block after road block with HFC. I tried for almost a week to get the pay off on my house. The pay off came back $1.000 more than the actual loan was taken out for. I asked the reason and HFC told me it was from excessive late charges however I have only been late 1 time in 3 years with my payment. In three years I have paid 27.000.00 in interest and my loan has increased instead decreasing.
I am in the process of finding out how to file a class action lawsuit against this company.
Elizabeth
Knoxville, Tennessee
U.S.A.
1 Updates & Rebuttals
Kevin
Knoxville,Tennessee,
U.S.A.
Knoxville Internet is NOT affiliated in any way with Household Finance!
#2Consumer Comment
Thu, January 27, 2005
Please note that the company in this report, Household Finance, is in no way affiliated with Knoxville Internet (www.knoxvilleinternet.com). We have never done business with this company nor have we created any web sites for them.
