Usacomplaints.com » Business & Finance » Complaint / Review: Fairbanks Capital - Extra $25 thousand demanded at payoff, forced insurance and bogus forbearance agreements. #54611

Complaint / Review
Fairbanks Capital
Extra $25 thousand demanded at payoff, forced insurance and bogus forbearance agreements

I finally sold my home to my brother to get away from Fairbanks Capital. Fairbanks charged an extra 25-25 thousand dollars to get out of the loan. Nonetheless, I have five file folders with Fairbanks forced insurance, foreclosure threats and bogus forbearance agreements.

My spouse now deceased was forced to file bankruptcy because Fairbanks purchased the loan from our previous lender and miscalculated our payments. After my spouse death last year I signed three forbearance agreements with Fairbanks which was not applied to the loan. After selling my home to my brother Fairbanks requested an extra ten thousand dollars.

I have been speaking with several attorneys regarding Fairbanks Capital and contemplating on hiring a local attorney in the Atlanta Area. Fairbanks took my life savings and did not apply any money to the principal. I complied with Fairbanks every whim in order to secure my home.

Nevertheless, this lender is nothing but a fraud. I will continue to complain and send all records to attorneys that are involved with the class action lawsuit that involves Fairbanks. I hope that the Government put these scam artist were they belong... Behind bars.



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