Report: #325163

Complaint Review: ALG Capital, Joseph Nguyen - California

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Ripoff Report is Xcentric Ventures

Submitted: Thu, April 10, 2008
Updated: Thu, April 10, 2008
Reported By: — Bakersfield California

Author Confirmed

Why?

ALG Capital, Joseph Nguyen California U.S.A.

Phone:
Web:
Category: Mortgage Companies

ALG Capital, Joseph Nguyen Fraud All Around Calabasas, Mission Hills California

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I had the same problem, I was originally told I was going to be getting a 5.25% 30 year fixed rate on my loan.

I was told that the rate was locked in and guaranteed.
The loan papers had 6.75% and it was only fixed for 2 years!

I was also told not to make my mortgage payment for that month, so I was put in a very bad situation where I thought I was getting cash, and really needed it so I was told to sign the papers and they would have the rate and terms fixed.

Turns out the loan funded and it was never changed.

I tried to call but now the phone # is out of order.
How long ago did everyone else get your loans?

D-Man
Bakersfield, California
U.S.A.

CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report.

This report was posted on Ripoff Report on 04/10/2008 04:22 PM and is a permanent record located here: https://www.ripoffreport.com/reports/alg-capital-joseph-nguyen/california/alg-capital-joseph-nguyen-fraud-all-around-calabasas-mission-hills-california-325163. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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