- Report: #364360
Complaint Review: Wilshire Credit Corporation
| Wilshire Credit Corporation 14523 S.W Millikan Way STE 200
Beaverton, Oregon U.S.A. |
|
Wilshire Credit Corporation Not only do they mistreat their Mortgagee's, they abuse their employees too! Beaverton Oregon
*Consumer Comment: "The Buck Stops Here" with Wilshire and Mr. Memmott
*Author of original report: wilshire
*Consumer Comment: Wilshire used fraudulent behavior and Collection Agency Tactics to tried to take my home
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Corporate Advocacy Program™
Ex-employee
portland, Oregon
U.S.A.
This report was posted on Ripoff Report on 08/18/2008 10:20 PM and is a permanent record located here: http://www.ripoffreport.com/r/Wilshire-Credit-Corporation/Beaverton-Oregon-97217/Wilshire-Credit-Corporation-Not-only-do-they-mistreat-their-Mortgagees-they-abuse-their-364360. 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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Search Tips#1 Consumer Comment
"The Buck Stops Here" with Wilshire and Mr. Memmott
AUTHOR: Skj - (U.S.A.)
SUBMITTED: Wednesday, October 29, 2008
#2 Author of original report
wilshire
AUTHOR: Ex-employee - (U.S.A.)
SUBMITTED: Friday, October 10, 2008
#3 Consumer Comment
Wilshire used fraudulent behavior and Collection Agency Tactics to tried to take my home
AUTHOR: Rhett Attwood - (U.S.A.)
SUBMITTED: Wednesday, August 27, 2008
Did not have my loans setup correctly when my loan was sold to Wilshire.
Creating a Late Payment chain reaction that took months to fix
Forced Flood insurance when I bordered a flood zone but did not live in it.
Because I could not win the argument and they would remove the forced flood insurance I got my own
Then they continued to try to charge me for Forced Flood insurance after I had provided proof I was insured through Farmers
The Forced Flood Insurance ordeal created a late payment when it was less than 48 hours late
Wilshire tried to bill me $800.00 for Forced Flood Insurance after they had received proof that I had my own Flood Insurance. Their website would not take a partial payment, so I had to wait until Monday to pay by Phone. Monday was the 17th and they reported me 30 late to the credit bureau.
Wilshire reported to the Credit Bureau that I was 30 late when in fact I was only 2 days late and would not have been late at all if they had not been charging me for something I did not owe.
Mortgage institutions do not report 30 days late until you are truly 30 late because of the negative impact it has on Credit Scores.
If I had not already been in the process of refinancing my credit score would have become so low that I would not have been able to refinance out of the ARM after 2 years.
This also created a situation where I had to pay a 5 point early payoff penalty
Was reporting to the Credit Bureau that I owed more than I barrowed on both loans
How did I owe more then I barrowed on an Interest only loan if all payments were made
How did I owe more then I barrowed on the secondary loan when I had paid extra with now had me paying into principle and it reflected so on my monthly statements
Once I re-financed out from under them, Payoff Balances were $7000.00 higher than my billing statements + prepayment penalty points
I did not contest the amounts at the time because I needed to get out from under them so I took the losses at the time.
If you have a class action law suit please add me and I'll be happy to supply the proof necessary to show Wilshire is Faulding home owners
Rhett Attwood
4258309168

