American Lending Group promised and confirmed by email the settlement charges and interest rate for a 20 yr fixed rate home loan on 1/23/08. They stated that I was locked in at that interest rate and that it would not change. I tried to reach the person I made the agreement with several time via phone and email and he would not return my calls, I even spoke to a so called boss of his and he did not call me back like he said he would. This went on until 2/5/08 when another person called and said they did not know what happened but my rate was not locked and they would like to offer me a new rate. I stopped a loan in progress to go with this company that offered a better deal and lost $500 doing so. This company should no longer be in business, this type of business practice has helped to push America into a recession and con people out of their hard earned money. And the sad part is they could care less. No one should do business with them.
If I was given the choice to spend the rest of my life in prison and do business with them, I would choose prison, at least I would get what was agreed upon.
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