- Report: #427634
Report - Rebuttal - Arbitrate
Complaint Review: Countrywide Loans
Countrywide Loanscountrywide.com Simi Valley, California U.S.A.
Countrywide Loans Countrywide LIED to me, now refuses to even TALK to me about refinance or modification!! Simi Valley California
A business' first
line of defense
on the Internet.
If your business is
willing to make a
Click here now..
I then took out a second mortgage to pay off debt and for college loans for my family....I still have over 10,000 in equity but doesn't seem to matter to anyone and at this time, my credit score is still in the "good rating". However, I have lost several points for Countrywide running multiple checks on my reports. In addition, the company I signed my second loan with, sold my loan to Countrywide and they immediately jacked my interest rate through the roof!
Then, once the two years was up, I could NOT get refinancing done. No one would refinance. In the meantime, my payments started going up and up and up. I have received offers in the mail and online from Countrywide that I qualify to refinance but when I contact them, they would even discuss it with me! They tell me that if I stop making payments and my home goes into foreclosure, then they can help! So I am being punished for being responsible and making my payments as scheduled! I also suspect that they have every intention of helping me right out of my home and into the shelter for HOMELESS if I miss any payments!
I am trying to contact other companies now to look at refinancing or help with modification due to the new stuff coming out on the assistance that I SHOULD qualify for, but I am still getting the run around and Countrywide won't even really respond to my requests anymore....I am now paying 11% interest on BOTH loans and my orginial loan is scheduled to raise again in JUNE...oh, yeah, one employee told me I could request a modification, but ONLY if it was approximately 90 days before my loan was due to raise again!
Rapid City, South Dakota
This report was posted on Ripoff Report on 02/23/2009 03:50 PM and is a permanent record located here: http://www.ripoffreport.com/r/Countrywide-Loans/Simi-Valley-California-93062/Countrywide-Loans-Countrywide-LIED-to-me-now-refuses-to-even-TALK-to-me-about-refinance-o-427634. 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.
If you would like to see more Rip-off Reports on this company/individual, search here:Search Tips
In order to assure the best results in your search:
- Keep the name short & simple, and try different variations of the name.
- Do not include ".com", "S", "Inc.", "Corp", or "LLC" at the end of the Company name.
- Use only the first/main part of a name to get best results.
- Only search one name at a time if Company has many AKA's.