Complaint / Review
Beneficial Consumer Discount Company
HFC Beneficial - Loaned an extravegant amount of cash to remortgage Ripoff

The company allowed us to refinance our home. The appraisal was very high, over $100,000. We were permitted to borrow 100 % of the value. Now we are almost at the point of forclosure because we cannot and have not been able to make their payment and keep up with the rest of our bills on a monthly basis. Now with property values down in our area, we cannot even hope to sell the house for an amount to clear the finance amount. There are at least 20 houses in a 6 block radius to our address that are comparable in size that are prices at least $30,000 less than we need to sell our property to break even.