- Report: #126708
Report - Rebuttal - Arbitrate
Complaint Review: Beneficial Finance Of Washington
Beneficial Finance Of Washington14150 NE 20th Street Bellevue, Washington U.S.A.
Beneficial Finance Of Washington - Household Finance - Beneficial Financial Ripoff Beneficial Knows how To Twist The TRUTH Bellevue Washington
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When I went to refinace my home last month, the lien popped up with Beneficial. I asked them to subordinate the lien until we could get refinanced, which would have saved us $1100.00 a month. They refused. They have hounded us all year to refinance with them, but I refused, knowing I could get a 5% interest rate, rather than a 7.5% with them. I was appalled by their actions, when they said the only way I was going to get a loan was through them. Luckily I was able to find a lender that took my first and second, and wrapped Beneficial's in with it. Now I am out of their grips. I hope this letter will be a warning to others of how unscrupulous Beneficial really is. I asked how much I had coming back to me after the end of the loan, and their comment was nothing.
I was fortunate. Others have not been so fortunate.
Beneficial is good for a quick fix loan, but no more than that, unless you want their hooks into forever.
This report was posted on Ripoff Report on 01/10/2005 02:45 PM and is a permanent record located here: http://www.ripoffreport.com/r/Beneficial-Finance-Of-Washington/Bellevue-Washington-98007/Beneficial-Finance-Of-Washington-Household-Finance-Beneficial-Financial-Ripoff-Benefic-126708. 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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