- Report: #159831
Report - Rebuttal - Arbitrate
Complaint Review: VANDERBILT MORTGAGE AND FINANCE,INC.
VANDERBILT MORTGAGE AND FINANCE,INC.500 ALCOA TRAIL MARYVILLE, TN. 37804 BIRMINGHAM, Alabama U.S.A.
VANDERBILT MORTGAGE AND FINANCE THE SUPER SCAM BIRMINGHAM Alabama
*Consumer Suggestion: They're protecting their investment.
*Consumer Suggestion: Vanderbilt, Clayton and American Bankers, CMH Insurance Agency are all owned by the same people
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Vanderbilt is charging people for an escrow account which no one asked for or for that matter needs. I have found that through some research that Oakwood Acceptance Loans and Vanderbilt Mortgage is the same company and here in Alabama was closed due to bad business practices.
My parents for example are being charged extra for not having insurance according to Vanderbilt. However after mulitple attempts on their part showing proof that they had insurance, Vanderbilt refused to admit that they did infact have insurance. Well I have uncovered that so far to date Vanderbilt has over charged my parent to a tune of $1,500.00 give or take some. Then Vanderbilt turned around a raised their payment $100.00.
If any of you are being over charged or they raised your payments look at the ad in the Mobile Press Registar section 524 classified running dates are 10/08/05,10/09/05,10/15/05 and 10/16/05.
This report was posted on Ripoff Report on 10/06/2005 09:15 PM and is a permanent record located here: http://www.ripoffreport.com/r/VANDERBILT-MORTGAGE-AND-FINANCEINC/BIRMINGHAM-Alabama-35246/VANDERBILT-MORTGAGE-AND-FINANCE-THE-SUPER-SCAM-BIRMINGHAM-Alabama-159831. 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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