Complaint / Review
Full Spectrum Lending
Ripoff

I was sold a pay option ARM without being fully disclosed the risks involved.in fact, the risks were minimized and misrepresented. The representative knew full well my inability to offset a large negative amortization that he did not disclose and that he minimized when he put me in the loan.

I will add details and updates once I hear from Full Spectrum Lending's complaint department, Lisa Madigan (Illinois State's Attorney) on predetory lending, Better Business Bureau and/or the Federal Trade Commission.

ANy other suggestions are welcome.