• Report: #106389
Complaint Review:

Citifinancial Services

  • Submitted: Tue, August 31, 2004
  • Updated: Tue, August 31, 2004

  • Reported By:Williamstown New Jersey
Citifinancial Services
P.O. Box 1118 Nationwide U.S.A.

Citifinancial Services New Jersey people starting a CLASS ACTION on Citifinancial Service Pomona New Jersey

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My parents are both disabled. They got a loan for $5,000 to fix up their house, two months later Citi called them back in to refince the loan again to (save them money ). hat loan jumped to $7,600 (They started adding life Ins. pushing the home & Auto Ins. Two months later they talk them into refincing their first morgage with all the Ins. that ends up making their bill $ 10,000 more on top of the morgage.

Long story short in four years Citi re did there loans seven times ! On the last loan they did ,they gave them the check for $1,000 and told them they did not have to wait the three days. I called the N.J.Division of banking sent them all the imformation. They told me This is called Preatoree Leanding , Equity Stripping ,& Credit Ins. Packing. I am looking for other people that this happen too. I am looking for a law firm that wants to go after Citi. This must stop!

Williamstown, New Jersey

This report was posted on Ripoff Report on 08/31/2004 04:34 PM and is a permanent record located here: http://www.ripoffreport.com/reports/citifinancial-services/nationwide/citifinancial-services-new-jersey-people-starting-a-class-action-on-citifinancial-service-106389. 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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