Wilshire Credit Corporation
Pre-payment penalty still applied when I asked for payoff for OCt 19th Beaverton Oregon

Business & Finance

I had notified Wilshire of my intention to Payoff my loan and need a payoff figure good until Oct 19th. I informed them I would be paying my loan off on the 15th of Oct. I did have a prepayment pentaly on this loan but it was to fall off on the 13th of Oct. After making several phone call to get a faxed copy of my payoff I was shocked to see the prepayment penalty was still there. I was advised by customer service that I still needed to send this and when they recieved my payoff they would issue a refund is necessary. I told her that was absord. I would not be paying the penalty. I also requested they give me an accurate payoff statement so I could give to me new m, ortgage holder. I was then advised that I need to send a fax to Payoff rush department and they would contact me from there. I have done everything that they have requested me to do. I still do not have a revised payoff statement listing the correct charges. I do not understand why they will not waived the prepayment penalty at all. The customer service department is a joke. I will never do business with this company again and I will sure get this word out to many people that I know. I am not sure who this is going to be resolved until I actually get my loan out of this company.

Beth Fort Wayne, IN


Company: Wilshire Credit Corporation
Country: USA
State: Nationwide
Address: 14523 SW Millikan Way Suite 200 Beaverton, OR 97005
Phone: 8885020100
  <     >  

RELATED COMPLAINTS

Ocwen
Ripoff charging fraudulent prepayment penalties Oralndo

Ocwen Federal Bank
Excessive prepayment penalty fees unable to speak with payoff dept. Potentially forcing us to default on our loan HUGE RIP-OFF!

Ameriquest Mortgage
Ripoff dishonest fraudulent

Ocwen Federal Bank
Ripoff

Option One Mortgage
Ripoff All calls sent to call center in India, No one speaks English, Try to stick a Prepayment penalty on when one doesn't exist

Wilshire Credit
Ripoff dishonest didn't fax payoff to title company in order to close on property

Select Portfolio Servicing, FKA Fairbanks Capital
Ripoff, fraudulent charges, refusal to respond to client, Jacksonville Florida, Hatboro Pennsylvania

Wells Fargo Financial
Second Mortgage Ripoff

Fairbanks Capital Corp
Ripoff Refuses to process payoff - Class Action?

Citifinancial Auto
Ripoff I had my car refinanced by Wells Fargo for 11,500 and I had to pay the difference of 689.00 Citifinancial refused payoff There is no penalty in my contract for early payoff