Household Finance
HFC ripoff, loan fraud, bait and switch, lying, ruining credit, misrepresenting loans, Illinois

I received an offer in the mail stating that I was qualified to borrow $4,001.00 to be paid off in 48 equal payments of 138.00.

Sounded ok to me, as I could always pay it off early.
When I went in, the load boy (and I mean "boy") told me I qualified for $5,100.00 at the same rate and payoff of 48 months at 138.00 per month. He checked my credit, I signed the papers and left with a check.

Well guess what? I am now paying minimum payments of 119.00 per month at a 25%APR as a revolving credit account that will never get paid off at 119.00 per month or 138.00 per month.

When I looked at the paperwork he returned to me, there was nothing there that I had signed. I have no signed agreement. No proof of what the loan I agreed to was. When I went back I was given the runaround by the office manager and never given a copy of what I had signed. The "boy" was not available.

Then as I was leaving, one of the ladies at the front counter looked around and whispered to me that I had been scammed. She said they do this to everyone. She said, "you'll never get this paid off". They switched you to a revolving credit account when you signed the agreement and never told you.

This is going on all over the country. How do you think they are going to recover from all of those class action lawsuits. NO ONE CAN STOP THEM! They are still at it.

Company: Household Finance
Country: USA
State: Michigan
City: Dearborn Heights
Address: 26460 Ford Rd

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