My story starts two years ago with Equicredit. My husband was in charge of making the mortgage payments, while I paid everything else. Everything was fine until one day I received a threat to foreclose in the mail. Apparently one of my husbands checks had bounced, and all of a sudden they want two thousand dollars or they are going to foreclose on me. My house payments were only six hundred and twenty five dollars a month.
I ended up fighting with this company for almost two years before they finally said my account was caught up. I sent them at least ten thousand dollars above and beyond my mortgage payment because one agent would call, tell me to post date a check for a thousand dollars and I would be caught up, then two days later somebody else would call and want another six hundred.
Finally in march of this year I got them to say that I was finally caught up. Then in April they sold my loan to Fairbanks. At first I was glad to be away from Fairbanks, thinking that nobody could be as bad as Equicredit. Boy, was I wrong. They started off right away taking two months worth of payments because they said that I owed money for insurance that Equicredit had purchased for me. I never heard anything like that from Equicredit and I had my own insurance.
But, no matter how many times I faxed in the proof of my insurance, they still refused to take the money and put it back on my account and kept charging me fees. So in Septmeber I got a bill consolidation loan to catch them up totally. That cost me three thousand dollars. When I paid that the agent that I talked to said that took care of all fees, payments, everything. The next thing I know I get a letter in the mail saying that my payment was going up over fifty dollars a month for insurance, which I already had.
I called Fairbanks about this and to make sure that the three thousand dollars I sent in was posted. It was posted all right, but the agent I talked to said that I still owed 900 dollars in corporate advances! When I asked him what that was he just said, "oh, that is stuff that Fairbanks has had to pay for you."
I have rambled on long enough, but first there are just a couple other things that I want to say. I read the report from the Fairbanks employee that said, "pay or get out" or something like that. What do they want us to pay, because I know that I have paid much much more than my monthly payment for a long time. Those of us who are customers of Fairbanks aren't looking for a free ride or anything. All we want is to make our payments and not be threatened with foreclosure every month unless we pay outrageous and bogus fees.
0 comments