NBA biweekly
NBA interest minimizer Scam. HIGH FEES Deceptive practices NOT disclosed on phone www.nbabiweekly.com

Business & Finance

First they made the offer letter look like it is associated with the lender. It came as soon as I had refianced with the new lender. Then over the phone they never disclosed about the fee they will charge everytime. THEY never said they WILL NOT pay the lender once a month. THE worst thing as REPORTED wildly is the hidden $275 fee which WAS NEVER ONCE disclosed over the phone. I am copying and pasting below the same thing from others who have expericenced it.

Please if there is anyway to cancel without paying the $275, let us know.

"This is NOT DISCLOSED ANYWHERE except in a fine print at the bottom of an online form contract you submit electronically. I submitted the form but never used their services, cancelling the bi-weekly program before NBA made any mortgage payment on my behalf. They still withdrew $275 from my account, claiming it then represented a "lifetime enrollment fee." I have absolutely no idea what this money was in exchange for, NBA has not provided me with any service."

" I have found out the hard way that they DO NOT pay the bank biweekly as IMPLIED. They pay themselves my money every two week, earn interest on this amount for themselves. Then charge me a fee every time they withdraw MY money. Then pay the bank ONCE a month. Their way of lowering the principal is easy to figure out after some research. Two months of the year have an extra biweekly payment which they withdraw is collected and kept, therefore in effect ONE extra payment goes to your bank every year to pay off the principle sooner"


Company: NBA biweekly
Country: USA
Address: 855 Lower Bellbrook Rd
Phone: 8005645693
Site: nbabiweekly.com
  <     >  

RELATED COMPLAINTS

Nationwide Biweekly Administration, Inc
Beware of hidden non-refundable $275 fee!

Nationwide biweekly Administration
The Nationwide Biweekly Adminstration automatic withdraw $462.77 from my checking account but didnot pay to my mortgage lender. When I called for cancel on 3/12 the Nationwide Biweekly was refund

Nationwide Biweekly Administration, Nationwide Mortgage Protection
Ripoff Lies & Deceptive Advertising Practises Refuse to Refund Monies Paid

National biweekly
NBA, www.interestminimizer.com / misleading, faulty program, liars, ripoff, should be illegal

Nationwide Biweekly Administration (NBA)
They charged me $1258.18 enrollment fee and $3.50 biweekly fees without telling me

Wells Fargo Mortgage
"BiWeekly" payment is a lie, steals YOUR interest!

All Banks, Mortgage Companies And Bi-Weekly Payment Companies
Deceptive Bi-Weekly Home Mortgage Payment Plans Are For Fools All Cities All States

Nationwide Biweekly Administration
NBA Learn from my experience

Nationwide Biweekly Administration
You'll never see your money again

GMAC Mortgage
Weekly payments not applied to Principal