ED Magedson – Founder
MOUNTAIN LOAN CENTER1272 N State Street Orem, Utah USA
MOUNTAIN LOAN CENTER $1000 loan turned into $5000 debt very quickly. Orem Utah
My husband took out a loan for $1000 due to a hardship. We made payments faithfully until this past summer when my husband ended up in the hospital and almost died. He missed 2 payments. I tried to work with them and was in contact with them weekly. Every time I spoke with them, I was told we owed a differrent amount. They could never give me a straight answer. When I asked for a statement in writing, it was refused. I supplised documentation of my husband's month long hospital stay and was told that if my husband died, then I could use the insurance money to pay the loan. I paid $2200 on a $1000 and now they want to sue me over $5000, threatening to garnish my wages and seize my bank accounts. They have called my mother-in-law, my daughter and my boss several times. The employees are completely unprofessional, completely ill-informed and completely useless.
This report was posted on Ripoff Report on 01/31/2014 04:55 PM and is a permanent record located here: http://www.ripoffreport.com/r/MOUNTAIN-LOAN-CENTER/Orem-Utah-84057/MOUNTAIN-LOAN-CENTER-1000-loan-turned-into-5000-debt-very-quickly-Orem-Utah-1119964. 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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