• Report: #254755

Complaint Review: Countrywide

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  • Submitted: Fri, June 15, 2007
  • Updated: Fri, June 15, 2007

  • Reported By:spring hill Florida
Countrywide
P.O. Box 5170 Simi Valley, California U.S.A.

Countrywide Home Loans Increased payment $250 for non existant insurance increase ripoff Simi Valley, California

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My house payment went up $250 per month in March of 2007 per Countrywide due to a substantial increase in my homeowners insurance. I am escrowed with this account.

After logging onto my acct. I see they say my premium is $1669.71 per year. I call my agent. He says no I am 1167.00 per year. So why am I paying $250 more per month to Countrywide. I call and Michael says he can decrease my payment in August to $882. I say I have been paying $250 to much since March and he agrees to do a report for me. Lo and behold when I mention going to the state he says he can give me my regular payment back now and a refund for the overpayment.

How deceptive is that. He was not going to do this until I threatened the state. I have every intention of contacting the State of FLorida about this company and urge anyone else to do the same. If enough complaints come in they will have to investigate. I also urge anyone to find a new company and refinance with them and tell Countrywide to go find someone else to scam.

Mary
spring hill, Florida
U.S.A.

This report was posted on Ripoff Report on 06/15/2007 01:50 PM and is a permanent record located here: http://www.ripoffreport.com/r/Countrywide/Simi-Valley-California-93062-5170/Countrywide-Home-Loans-Increased-payment-250-for-non-existant-insurance-increase-ripoff-S-254755. 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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