Complaint / Review
CLC Consumer Services, E-Trade Financial, E-Trade Bank
C Hundreds of EXTRA dollars paid per month, PRINCIPAL NEVER CHANGED

My husband and I opened a home equity line of credit ($40K) with E-Trade Financial and in short order the line of credit was transferred to CLC Consumer Services. Our monthly statement always displayed a minimum payment of some really low amount or sometimes even $0. We payed anywhere from $800 to $1500 per month on this line of credit and our principal (for 6 months running) did not decrease. The entire amount was servicing interest.