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  • Report:  #297898

Complaint Review: Ocwen Loan Servicing - Carol Stream Illinois

Reported By:
- Crystal Lake, Illinois,
Submitted:
Updated:

Ocwen Loan Servicing
www.ocwen.com Carol Stream, 60197-6440 Illinois, U.S.A.
Phone:
800-746-2936
Web:
N/A
Categories:
Tell us has your experience with this business or person been good? What's this?
Ocwen will not work with me to refi or lower my payments - they keep promising that they will send paperwork but never do and soon I will fall behind on my payments but they don;t seem to care if they have to foreclose or not - they just keep hammering that they need a payment now!

They are rude and not willing to work with anyone. What can I do to at least have them listen to me and try to work out a payment plan so that I can keep my home?

Char

Crystal Lake, Illinois

U.S.A.


2 Updates & Rebuttals

Daniel

Las Vegas,
Nevada,
U.S.A.
typical

#2Consumer Comment

Tue, January 08, 2008

This is a typical tactic that financial institution's use to do exactly what you said, squeeze you'. Often times in automotive loans where a debt is getting further and further behind and repossession is going to occur, the finance company will say whatever nice things they can say to you to give up anything you can without actually delivering on what they promised. I've seen this myself years ago when I had some credit problems. I was always real close to just getting that break I needed however when the time came, "im sorry we can't do this right now". So just hang in there, keep trying to make your payments. If your going to lose property if things continue to go this route, your better off saving your money. Sometimes paying what you can won't stop various collection action. Hope things work out for you.


Char

Crystal Lake,
Illinois,
U.S.A.
More on Ocwen

#3Author of original report

Tue, January 08, 2008

It seems that Ocwen won't even work with you until you fall behind on your payments - checking out their website - there is nowhere to go until you are facing foreclosure (guess they think until then that they can squeeze more money out of you).

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