- Report: #124627
Report - Rebuttal - Arbitrate
Complaint Review: CITIMORTGAGE
CITIMORTGAGEPO BOX 8450 GAITHERSBURG, Maryland U.S.A.
CITIGROUP - CITIMORTGAGE ripoff GAITHERSBURG Maryland
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However, my situation appears to be a little different. Let me explain. A while back I applied for a second Mortgage with Citimortgage who also holds the first mortgage on my home. I was denied because of late payments on my account. During the same time frame I applied with CitiFinancial and was approved with the same credit information.
My concern, as both companies are under CitiGroup, why was loan approved by CitiFinancial at the higher interest rate and not the lower under Citimortgage. I've looked over my credit report and don't believe I should have been given approval on the second loan. Most of the high interest loans are given to people in low income areas or whose credit is not up to stuff. I feel that my credit falls in the later. Please advise me with regards to any watch groups, current class actions, etc with regards to the above.
This report was posted on Ripoff Report on 12/28/2004 03:12 AM and is a permanent record located here: http://www.ripoffreport.com/r/CITIMORTGAGE/GAITHERSBURG-Maryland-20898/CITIGROUP-CITIMORTGAGE-ripoff-GAITHERSBURG-Maryland-124627. 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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