• Report: #107631

Complaint Review: Fairbanks Capital Mortgage - Select Portfolio Servicing

Thank You

Read how Ripoff Report saves consumers millions.

  • Submitted: Thu, September 09, 2004
  • Updated: Thu, September 09, 2004

  • Reported By:Houston Texas
Fairbanks Capital Mortgage - Select Portfolio Servicing
P O Box 551170 Jacksonville, Fl 32255-1170 Jacksonville,, Florida U.S.A.

Fairbanks Capital Mortgage aka *Select Portfolio Servicing Inc. rip-off! Dishonest fraudulent billing! Illegal reports to credit bureaus! Jacksonville, Florida

What's this?
What's this?
What's this?
Is this
Ripoff Report
About you?
Ripoff Report
A business' first
line of defense
on the Internet.
If your business is
willing to make a
commitment to
customer satisfaction
Click here now..

Does your business have a bad reputation?
Fix it the right way.
Corporate Advocacy Program™

SEO Reputation Management at its best!

This company sent me letters of demand when my payment did not reach their office on the first of the month. In those letters they stated that their policy was to report to the credit bureau any payments as thirty days pass due if the payment was not received on the first of the month.

In August of 2002, I sent them proof of insurance by mail. They bought forced insurance because I did not fax the insurance declaration to them. Fairbanks stated that they did not have a phyisical addess for their insurance office and anything I mailed to they was not acceptable. After four months they finally acknowledged that I had insurance. But I was not given credit for the money they had taken from my payments for the insurance, until August of 2004.

In the months of Nov., Dec. of 2002, and Jan. and Feb. of 2003 they received my payment before the 16th of the month. but before I was given credit to my account, Fairbanks would deduct $20. from my payment and apply it as late charges. Fairbanks would also report to the credit bureau that I was 30 days past due. I have been trying to refiance this loan, but because of the reports to the credit bureau, no one would give me a loan.

Maria
Houston, Texas
U.S.A.

This report was posted on Ripoff Report on 09/09/2004 10:49 AM and is a permanent record located here: http://www.ripoffreport.com/r/Fairbanks-Capital-Mortgage-Select-Portfolio-Servicing/Jacksonville-Florida-32255-1170/Fairbanks-Capital-Mortgage-aka-Select-Portfolio-Servicing-Inc-rip-off-Dishonest-fraudul-107631. 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.

Click Here to read other Ripoff Reports on Fairbanks Capital Mortgage - Select Portfolio Servicing

Search for additional reports

If you would like to see more Rip-off Reports on this company/individual, search here:

Search Tips
Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?

Advertisers above have met our
strict standards for business conduct.