Fairbanks Capital Corp. holds payments in order to charge extra interest to your account and does not apply extra payments to the principal. I have sent extra money in on payments only to have it disappear. I call the company but get transferred around and then hung up on. I have requested accounting statements and never hear from them. When I send my payment in, it takes 2-3 weeks for them to process it, but the last payment I sent in took only 3 days, due to the fact that there is a class action lawsuit against them. I have paid over $800 extra which has not been reflected in my payments.
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