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Ripoff Report | Beneficial aka Household Review - Carol Stream, Illinois
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Report: #20239

Complaint Review: Beneficial aka Household Bank - Carol Stream Illinois

  • Submitted:
  • Updated:
  • Reported By: Fairborn OH
  • Author Not Confirmed What's this?
  • Why?
  • Beneficial aka Household Bank PO Box 4153 Carol Stream IL 60197 Carol Stream, Illinois U.S.A.

Beneficial aka Household Bank ripoff victimized many consumers Carol Stream Illinois *UPDATE ..admitted banking error

*Author of original report: After I threatened them with legal action

*0: bunch of moneyhungry bastards! ..finally admitted that I did not bounce a check but it was a banking error

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I have had an account with Beneficial for almost two years
and only $20.00 has been applyed to the principal.Last year I paid them $4000.00 and not one penny went to pay off this loan.They claim that last Oct. I bounced a check with them,and I am behind on payments(interest short).It is not possible for me to bounce checks because of overdraft protection!

I am being ripped-off and so are many others.

Thomas
Fairborn, Ohio

This report was posted on Ripoff Report on 05/05/2002 02:16 PM and is a permanent record located here: https://www.ripoffreport.com/reports/beneficial-aka-household-bank/carol-stream-illinois-60197/beneficial-aka-household-bank-ripoff-victimized-many-consumers-carol-stream-illinois-upda-20239. 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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REBUTTALS & REPLIES:
0Author
2Consumer
0Employee/Owner

#2 Author of original report

After I threatened them with legal action

AUTHOR: Thomas - (U.S.A.)

POSTED: Saturday, March 15, 2003

After I threatened them with legal action,the person I talked to told me they would backdate my account to Feb. 02. I thought maybe I was getting somewhere with them but they pulled another fast one on me.

Beneficial started to allow me to enjoy a small taste of seeing my balance come down.

Starting on 5/10/02 I saw $9.88 come off my balance.Now I am up to a big $11.82 or .05 cents extra a week. T

he principal has gone down about $450.00 in three years. What is wrong with this picture? They are getting rich off of me and many more hardworking people.

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#1 0

bunch of moneyhungry bastards! ..finally admitted that I did not bounce a check but it was a banking error

AUTHOR: - ()

POSTED: Thursday, May 09, 2002

After speaking with at least three customer service reps they finally agreed to backdate my account to Feb. 02.I have heard this story before and will not believe this untill I see it in writing.They finally admitted that I did not bounce a check but it was a banking error when I enrolled in there FastPay where they debt my checking account.I will not be satisified untill they backdate back to Feb. 01 where at least some of the $4000.0I paid to them last year goes towards the principal of this account.I have been ripped-of by a bunch of moneyhungry bastards and so has many other hard working people. But this is America and hard working Americans get the shaft every day.

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