• Report: #893117

Complaint Review: The money store

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  • Submitted: Tue, June 05, 2012
  • Updated: Tue, June 05, 2012

  • Reported By: Ripoff Reporter — New Jersey United States of America
The money store
30b Vreeland Rd Florham Park, New Jersey United States of America

The money store MLD Mortgage RIPOFF ALERT Lowball Appraisals and OBSCENELY long delays to CON you Florham Park, New Jersey

*Consumer Comment: Have recently delt with this company

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The first "Keep-Away" sign was when their appraiser won't even contact for a week after app stated.   Then they ask for your credit card payment on the phone for an appraisal cost that is 50% more than usual.

Then they came back with unreasonably lowball appraisal amount to make you pay down your original mortage.

After that, the LONG wait begins.  Phone calls to the loan officer, loan processor and managers are either busy or to voicemail, and never returned, neither are emails, including the ones to their own "complaint hotline".  

Weeks, then months passed, either they make you give up or everything expires and they make you pay for them all over again.

I have filed complaints with Dept. of Consumer Affairs of New Jersey, BBB (surprise, they are not registered!).



This report was posted on Ripoff Report on 06/05/2012 07:53 AM and is a permanent record located here: http://www.ripoffreport.com/r/The-money-store/Florham-Park-New-Jersey-07932/The-money-store-MLD-Mortgage-RIPOFF-ALERT-Lowball-Appraisals-and-OBSCENELY-long-delays-to-893117. 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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#1 Consumer Comment

Have recently delt with this company

AUTHOR: Can the rippoffs - ()

I am in the process of buying a home in Corpus Christi, tx. The realitor "The David Garcia Selling Team" suggested the money store as a lender. From the first day i spoke with Dave Elkins from the money store, this thing has been a total nightmare! The day after our initial talk when he got got information from me, my bank accout was hacked for $1400.00. Then countless times trying to esign paper work that didn't work. Then i finally get paper work in the mail after 3 extentions, and the paper work is incomplete. By this time my wife and i were getting a little nervous. That is when i did some research on the company. Google the money store for yourself. But we are backing out of this sale really fast!!!!

 

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