• Report: #1012022
Complaint Review:


  • Submitted: Sun, February 10, 2013
  • Updated: Sun, February 10, 2013

  • Reported By: Johnny — Parrottsville Tennessee United States of America
14311 Newport Ave suite 553 Tustin, California United States of America

AMERICAN LOAN CENTER I've been conned. I didn't think I would get ripped off, but I fell for a scam. Tustin, California

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Albert Brennan - Legal Dept. AMERICAN LOAN CENTER offered me a pre-approved loan modification on my mortgage. Federal grants were to cover $2,695.00 of the cost through "Home Saver" and my portion was $2,600.00.

I didn't have the money to pay but they were willing to take installments  of post dated checks. 

He sounded professional and knowledgeable.  I was given a loan disclosure and agreement for a lower interest rate and a principal reduction with the estimated first monthly payment due February 8th 2013. 

Everything seemed legitimate, the government is helping those with mortgage loans that are underwater. 

I was to get all of the final paper work from my lender via FedX.  It never happened.  While I was supposed to be on my grace period I went into default.  They cashed two checks that I made out to AMERICAN LOAN CENTER at Bank of America. 

They stop answering my calls and returning my messages (phone # 800-685-7541 x518).  The web page is americanloancntr.com.  By the time my new first payment was supposed to be due, the lender was foreclosing.  I've been conned.  I didn't think I would get ripped off, but I fell for a scam.

This report was posted on Ripoff Report on 02/10/2013 10:26 PM and is a permanent record located here: http://www.ripoffreport.com/reports/american-loan-center/tustin-california-92780/american-loan-center-ive-been-conned-i-didnt-think-i-would-get-ripped-off-but-i-fell-1012022. 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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