The Money Store aka Homeq is the most shady company I have ever had to deal with. They lent us money $15,000 in 1996 (Oct.) and we still (after paying $208.00 per month) owe them approx. $14,000.
Imagine that. On top of that, I called for the pay-off amount and they didn't know. It would take up to 5 business days to gather that information. Then, you can have it mailed (1 more week of waiting) or faxed to you.
There is so much I can say but NOT ONE GOOD THING about this company.
If you are one day late they charged $60.00 for property inspection (this is to protect their interest.) HA!!!
Also, we wanted them to subordinate our loan so we could refinance our 1st mortgage and they charged $250.00 and had a list of things 2 miles long you had to "qualify" with before they would do this.in the event that they said "NO" the 1st time, you could continue to pay $100.00 charges until {maybe} they would agree. ($100 each time you try to appeal a "NO" response).
At any rate, my husband and I are borrowing the money to pay them off because I can't deal with them any more. This was a costly mistake do not make the same one!!!
lisa
st. Peters, Missouri
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