I'm not going to moan too much. I'm in the process of moving onward as we speak. But I wanted to join the ranks of those pointing the bad-company finger at Household with one hand and giving a there-there pat to the back of its debtors.
Been there, done that. The straw that broke my back was that they returned via regular mail (received May 16) a payment I made to them on April 16 via electronic bill pay with only the notation "per collections." The following Monday (May 19), I received a phone call from my bank saying Household had "refused" two other payments [paying extra is the only way to put a dent into the principal, but, of course, the lender would have to apply it to the principal the way they're supposed to wouldn't they].
But I promised I wouldn't go on. Nutshell: They have threatened (and perhaps already commenced) foreclosure proceedings. I don't care any more. I didn't even pick them. They picked me (bought my loan from a third party lender that I used to get away from the Money Store). What do they say? Out of the frying pan into the fire?
Bottom line — scrimp, save, beg, do without — but don't ever borrow money from these people. They're just waiting for you to make one wrong move and BAM! The domino effect from...
Thanx for listening
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