I have been with First State Bank and Trust for many years. I have never had a problem with them until the past few years. I have had several loans with the bank. Most of which were paid off early. I currently have two mortgage loans with them. When I took the loans out they put me on an adjustable interest rate. I admit I didn't fully understand what this ment. I was told it was nothing to worry about that it woulldn't go up very much.
The first year was fine. The interest rate stayed the same. After that it has went up every year on both loans. I have contacted the bank several times trying to find out why it goes up and they never return my calls or email. Since the start of my loans the payments have went up over $100.00 a month. My orginal interest rate has almost doubled. Becarful when taking a loan out with this bank.
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