Thomas
Anderson,#2Consumer Comment
Mon, May 07, 2007
"....CONVINCED US TO TAKE A LOW INTEREST RATE LOAN AND PUT INTO A HIGHER RATE LOAN WITH HFC FROM 2003,04, AND 2005.... " If I understand the above correctly, HOW could ANYONE ever convince you that "A HIGHER RATE LOAN" should ever be preferable to "A LOW INTEREST RATE LOAN"......?????? How??? Three minutes with a TI BA2 Plus would tell you that a low interest loan is always better than a high interest loan. Or were you "borrowing out" some equity and thereby hangs your tale? Why not use a reliable local loan broker or a local bank? I have too many questions about this episode, except I do know that when someone wants to "do you a favor" by inflating the value of your property or perform some other chicanery you should heed these red flags popping up and leave, because if someone is willing to cheat their employer they are willing to cheat you