- Report: #378608
Report - Rebuttal - Arbitrate
Complaint Review: Fairbanks Capital Corp.
Fairbanks Capital Corp.PO Box 9001710 Louisville, Kentucky U.S.A.
Fairbanks Capital Corp. Money Lost through transfer of Mortgage loan Louisville Louisville Kentucky
During transfer, payment to Beneficial for January, 2003 was returned, advising to mail to address in Phoenix, AZ. That payment was also returned telling me that they
couldn't accept it there. After several phone calls, sent payment of $665.27 to address in Louisville, KY. This resulted in a late payment amount of $751.30.
I then requested Beneficial to get my mortgage loan back to them.
March 26, 2003- Beneficial remade mortgage loan. They paid Fairbanks $63,770.80 to buy it back. I lost $4,692.13 via transaction. Increased balance
after Beneficial insisted in paying off other debts (Elan Memorial CMS East, credit cards) plus another appraisal and preparation costs, to balance of $77,893.87. Increased payment from $665.27 to $750.66.
I later received notice of a class action suit against Fairbanks Capital Corp. for law violations. I then received a payment as a result of class action suit
in the amount of $200.00 on July 26, 2004.
This report was posted on Ripoff Report on 10/06/2008 05:37 AM and is a permanent record located here: http://www.ripoffreport.com/r/Fairbanks-Capital-Corp/Louisville-Kentucky/Fairbanks-Capital-Corp-Money-Lost-through-transfer-of-Mortgage-loan-Louisville-Louisville-378608. 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.
Advertisers above have met our
strict standards for business conduct.