Fairbanks Capital Corp
Ripoff deception

My 72 your old mother-in-law house was originially financed with this company approximately in 1996 by her. Two years ago we reaffirmed with them as they threatened her with foreclosure. Since that time we have had no verification of account status, principal balance, interest applied, or even replys to update payments made. We have corresponded to numerous voice recording, faxes, and even real live bodies with no assistance.

They continuously tell us we owe them more money or they will take forclosure steps. We comply with their requests out of fear of my mother in law being homeless. Now we find out that the latest payments were not applied to the mortgage but to "fees" and that again we are behind in the mortgage payment and again foreclosure is being threatened by them and their attorney. We do not know what the "fees" are but always made large payments at their request, again out of foreclosure fear.

Due to my mother-in-laws, health and income, town taxes put her in trouble. My wife and I went today to meet with our local town official. We were greeted with a check for taxes due on my mother-in-laws property, paid in full to the tune of $2200.00 dollars. Sent via UPS overnight from Fairbanks Capital Corp out of Salt Lake City, Utah. Now isn't it interesting we can get no information on her loan (they have a copy of our power of attorney), however they pursue an MLC and anti up the taxes!!!

In March they again threatened foreclosure unless we paid an additional 3,000 and uped the payment from 1000/month to 1550/month until July. We did this.in September we were told that the payment that they received in August and September were not applied to the mortgage but again to fees. We are again being threated with foreclosure as the payments have not been received on the mortgage!!! An ongoing cycle. We cannot continue this cycle and want to get some resolution quickly.

Skip and Linda
south dennis, Massachusetts

Company: Fairbanks Capital Corp
Country: USA
State: Florida
City: Jacksonville
Address: 10401 Deerwood Park
Phone: 8009441212

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