Report: #689818

Complaint Review: Beneficial Finance

Submitted: Wednesday, February 02, 2011
Last Posting: Monday, February 14, 2011
Reported By: Beany — Atlanta Georgia United States of America

Beneficial Finance

P. O. Box 17574 Baltimore Maryland 21297-1574 United States of America

Phone: 1-800-550-3278
Web: www.beneficial.com
Category: Loans

Beneficial Finance Household Finance Company Scamming of Old Disabled Viet Nam Era Veteran ,65 year od female, Baltimore, Maryland

*UPDATE by author: Truth-In-Lending....

2Author 2Consumer 0Employee/Owner

Rebuttal Box | Respond!

Respond to this report!
What's this?

Are you an owner, employee or ex-employee with either negative or positive information about the company or individual, or can you provide "insider information" on this company?
Also a victim?
What's this?

Are you also a victim of the same company or individual? Want Justice? File a Rip-off Report, help other consumers to be educated and don't let them get away with it!
Arbitrate
Set The Record Straight!
Repair Your Reputation
...the right way!
Corporate Advocacy Program

In 2007, I made a colossal mistake by signing for A Home Equity Loan of $15,000...with Beneficial HFC..After not missing one payment,nor taking any monies out of the loan and after paying them $ 12,788.00, they now say I owe them $15,079.00!!!! This situation has literaly made be more ill than I already am... Can someone please HELP.. Yes I am afraid of some sort of retaliation, since they hold my first Mortage.

This report was posted on Ripoff Report on 2/2/2011 11:02:22 AM and is a permanent record located here: http://www.ripoffreport.com/civil-rights-violators/beneficial-finance/beneficial-finance-household-b396c.htm. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report.

Click Here to read other Ripoff Reports on Beneficial Finance

Search for additional reports

If you would like to see more Rip-off Reports on this company/individual, search here:

Search Tips

Report & Rebuttal

Respond to this report!

What's this?

Also a victim?

What's this?

Repair Your Reputation!

What's this?

Arbitrate

Remove Reports?
No! Better yet! Arbitrate to set the record straight!

REBUTTALS & REPLIES:

2Author 2Consumer 0Employee/Owner

Updates & Rebuttals

#1 Consumer Suggestion

Rule of 78s

AUTHOR: Karl - Clovis (U.S.A.)

SUBMITTED: Saturday, February 05, 2011

Was this load made under the "Rule of 78s when essentially all of the interest is paid up front before you start to pay principal? Also your interest rate may be very high. I suggest going to your credit union or bank next time.

Respond to this report!

What's this?

#2 Consumer Comment

What did the Truth in Lending statement say?

AUTHOR: Steve - Bradenton (U.S.A.)

SUBMITTED: Saturday, February 05, 2011

This is something you should have figured out BEFORE you signed the contract.

This is the whole purpose for the "truth in lending" statement that is required by federal law.

You MUST sign that you understand the costs before the loan is completed.

WHAT did that form say?

Respond to this report!

What's this?

#3 Update By Author