• Report: #247462

Complaint Review: Beneficial Financing-HSB

  • Submitted: Tue, May 08, 2007
  • Updated: Tue, May 08, 2007

  • Reported By:Crawfordsville Indiana
Beneficial Financing-HSB
Po Box1547 Chesapeake, Virginia U.S.A.

Benefical Finance/HSBCBeneficial Financing-HSB Had realty appraisal inflate value.Tried to refinance owed to much. lost house due to payement Chesapeake laffayette Virginia/ Indiana

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beneficial had appraisal inflated by 30,000 dollars so loan could be approved as debt ratio was to high.loan officer had me write letter saying i was making $10,000 at home so it would work with ratio.

i tried to get payment lowered but they said i owed to much on the property that they had financed just thirteen months earlier.can't make it and loosing property.

had two appraisers give me value of 105,000 and 107,000.

make sure value of property is right and stay away from beneficial.

Crawfordsville, Indiana

This report was posted on Ripoff Report on 05/08/2007 12:09 PM and is a permanent record located here: http://www.ripoffreport.com/r/Beneficial-Financing-HSB/Chesapeake-Virginia-23320/Benefical-FinanceHSBCBeneficial-Financing-HSB-Had-realty-appraisal-inflate-valueTried-to-247462. 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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