• Report: #683498

Complaint Review: AMERICAN GENERAL FINANCE

  • Submitted: Mon, January 17, 2011
  • Updated: Mon, January 17, 2011

  • Reported By: viv — orlando Florida United States of America
AMERICAN GENERAL FINANCE
ORLANDO, Florida United States of America

AMERICAN GENERAL FINANCE THIEFS ORLANDO, Florida

*Consumer Comment: Since they screwed you ,Screw them, BANKRUPT

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I bought a home from someone who had his mortgage with American General Finance, after paying him an attorney to file a quit claim deed we went to American General, I wanted to finance with another company but the loan officer there told me that i was able to get a lower interest rate if i could make payments with them for 6 months, after the initial 6th months i was told that the interest rates had gone up and i should wait an additinal 6 months.

Now a year after that i was told my home was upside down and i needed an additional 20k to refinance. i did not have the additional cash to do this, i was told at that time to keep paying the mortgage until the prices of homes went back up. moving forward 3 years i had a fire at home and it was a total loss, at that time i was informed that once the insurance company paid me they would take the money and apply it to the principal because they do not do new construction only repairs. i had them put that in writting. then i told the insurance company to hold on sending that check and decided to talk to someone higher up within American General, i did speak with the district manager and explained to her how this situation came about, she then said that i was not able to do owner building and i had to hire a general contrator instead of subcontractor to do the building and oversee it myself.

The insurance is not paying me enough to do this, so i am at a standstill with this home. Mean time i pay the mortgage and rent which i could hardly afford. i dont know who to turn to to get something done.


This report was posted on Ripoff Report on 01/17/2011 07:23 AM and is a permanent record located here: http://www.ripoffreport.com/r/AMERICAN-GENERAL-FINANCE/ORLANDO-Florida-32828/AMERICAN-GENERAL-FINANCE-THIEFS-ORLANDO-Florida-683498. 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.

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#1 Consumer Comment

Since they screwed you ,Screw them, BANKRUPT

AUTHOR: Jim - (U.S.A.)

Bankruptcy doesn't bear the same stigma it used to, screw them back and get your life back in order.

OR

Live in permanent poverty the rest of your life, Your choice.

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