I took out a loan with MBNA that was acting as a broker for HFC. After 3 years my loan has never decreased, the interest rate is 26% after they told me it would be 12%. They told me it was a 10 year loan but it is impossible to pay in 10 years. My balance has decreased by $500 in 3 years but that does not include the fees that they added on. The real payoff is $28,000 for a $10,000 loan that I have only had for 3 years. When I found a company that would pay it off, HFC did not provide them with the info need to settle the account so the took back their loan offer. So I am stuck with this HFC loan. The class action suit did nothing. They are still killing people slowly, the stress and depression associated with dealing with them is a death sentence. I pray everyday that this will end and I can keep my house.
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