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  • Report:  #66642

Complaint Review: Beneficial Finance - Household

Beneficial Finance AKA Household ripoff They ripped me off but I finally got rid of them and it cost me plenty Predatory lending practices. Carol Stream Illinois

  • Reported By:
    — Fairborn OH
  • Submitted:
    Sun, September 07, 2003
  • Updated:
    Sun, September 07, 2003
  • Beneficial Finance - Household
    www.beneficial.com
    Carol Stream, Illinois
    U.S.A.
  • Phone:
    800-957-0003
  • Category:
    Mortgage Companies

This will be my final complaint against Beneficial as I will never consider them again for any financial loans.

I refinanced my home and combined both first and second mortgages at a rate of 6.99%. I borrowed $17,900.00 from Beneficial back in Nov.'99 and today the payoff is $17,495.00!

I paid them over $14,000.00! Now this is what I call getting ripped-off. Maybe there is some satisfaction in knowing they had to pay out $484 million to some of the hard working Americans that have fallen victim to their predatory lending practices.

Thomas
Fairborn, Ohio
U.S.A.

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