Vanderbilt Morga, Vanderbuilt Morgage And Finance, INC. Vanderbuilt Raised our payments $65+ and told us it was probaly due to insurance to call them not Vanderbuilt Maryville Tennessee

Vanderbilt bought our loan from chase manhatton about 5 years ago since then they have raised our payments over $65.00 a month + insurance and can or will not tell us why. This is something we never agreed to and I don't understand how they can do this legally. We agreed to a fixed intrest rate and a fixed payment unless we didn't supply our insurance which we don't. I have my Insurance policy and my payment is still about $65.00 per month more than it should be when I apply it to the amount we agreed to. Buy the agreed to $387.69 now our payment is $510.69 and my insurance is $690.00 per year thats 57.50 per month add the to together and you get $445.19 thats $65.50 monthly and $786 yearly extra were paying that they wont tell us where it's going. Thats over two payments that we can't afford.

Ricky
Pontotoc, Mississippi
U.S.A.