- Report: #359762
Complaint Review: Wilshire Credit Corporation - Portlanrd Oregon
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Author Confirmed
Why?
Wilshire Credit Corporation
P O Box 8517 Portlanrd, 97207-8517 Oregon, U.S.A.
Phone:
888-9171054
Web:
N/A
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Business Rating:
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Tell us has your experience with this business or person been good?
Wilshire Credit Corporation They inflate your loan over period of time and then tell you your months behind then they will allow a forbarence which is twice as much as your paying for monthly payments Portlanrd Oregon
The company I was originally with when I refinanced sold my loan with in 2 or 3 months I was then assigned to Wilshire who I was paying regularly monthly payments I was late on 1 or 2 payments but I paid caught them up. then in about 4 months after I thought I was caught up they sent me a letter stating I was several months behind and I need to pay so outrageous amount in order to catch up .so I did that but they kept stating I was still behind. then I did a forbarence with the company and they increased my payments twice as much as my monthly payments which is totally impossible to pay at that amount.
I have been struggle trying to pay the monthly payments but I am getting behind on my other bills trying to pay them the amount there asking for. now I have been calling to try to work out another plan. I have yet to hear back from someone at the company. I have tried to refinance but I am told they have my loan so over inflated that it will be extremly hard for me to refinance.
Yolanda
Jacksonville, Florida
U.S.A.
I have been struggle trying to pay the monthly payments but I am getting behind on my other bills trying to pay them the amount there asking for. now I have been calling to try to work out another plan. I have yet to hear back from someone at the company. I have tried to refinance but I am told they have my loan so over inflated that it will be extremly hard for me to refinance.
Yolanda
Jacksonville, Florida
U.S.A.
1 Updates & Rebuttals
Allie36
Salem,Oregon,
U.S.A.
***There is help please read**
#2UPDATE Employee
Thu, August 07, 2008
Yolanda, correct me if I am wrong... It sounds like you got behind on your payments but then caught them up but then were told you were 4 months behind. This does not sound correct to me. The only thing I can think of is maybe your adjustable rate changed and you were not aware and then when you sent in a payment it was not enough to close out a full month so you got further and further behind. The other thing possible is that you did not provide insurance or pay the taxes and we had to start an escrow account. As far as working out an arrangement, we don't do arrangements if you are current. It sounds like you are needing a longer term arrangement. Did you have a adjustable rate that changed recently and now the payment is much higher. I guess I need more clarification on what caused your payment to change so much. If you are willing to let me know more particulars I would be happy to try to help. If not then all I can suggest is to call our loan workout department at 888 917-1050 they are open 7am-4pm pacific time. We don't want you to lose your home don't be afraid to ask for help. We have several programs available to you. Thanks for your time.
