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Report: #1296455

Complaint Review: EnerBank - Salt Lake City Utah

  • Submitted:
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  • Reported By: StefanieH — California USA
  • Author Not Confirmed What's this?
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  • EnerBank 1245 Brickyard Road Salt Lake City, Utah USA

EnerBank They took advantage of my elderly mother Salt Lake City Utah

*UPDATE Employee: EnerBank USA Response

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I absolutely cannot believe this, Enerbank is flat out the most unethical company I have ever seen. I have an elderly mother whom I have had to start handling her finances. 6 years ago her furnace broke during the winter and she had to finance a new unit. She obtained financing through Enerbank. Her original loan amount was $5300.00. She has never once received a statement from them, they just auto deduct 75.00 a month from her bank account. I have been trying to help her refinance her house and have had some issues with her credit. Upon reviewing her credit I came across this loan. I asked her how she has only managed to pay around 1000.00 (she has made every payment) of a 5000.00 loan in 6 years. She had no idea, she didn't even know how to contact the company, as they have never sent her a statement and she does not use a computer. I call Ennerbank to get to the bottom of this and find out they are charging her over 4000.00 in interest alone and come to find out she will not even have this loan paid off until 2020, that’s almost 12 years for a 5000.00 loan. This is seriously the worst case of scamming a senior I have ever seen. It’s no wonder how they are making a quarterly profit of 3 million steeling from people like this. 

This report was posted on Ripoff Report on 03/28/2016 09:58 PM and is a permanent record located here: https://www.ripoffreport.com/reports/enerbank/salt-lake-city-utah-84106/enerbank-they-took-advantage-of-my-elderly-mother-salt-lake-city-utah-1296455. 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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#1 UPDATE Employee

EnerBank USA Response

AUTHOR: EnerBank USA - (USA)

POSTED: Tuesday, March 29, 2016

Stefanie,

Thank you for bringing this matter to our attention. Our goal is 100% customer satisfaction. Unfortunately, we do not have enough information to call you to further address your concerns. Please contact our Customer Service Department at 1-888-390-1220 Mon-Fri 9:00 AM – 7:00 PM ET so we can assist you. Please know that there is no requirement for the Bank to provide monthly account statements, but we are currently in the process of releasing them to each of our borrowers. EnerBank USA maintains an “A+” rating with the Better Business Bureau, and to us even one unhappy customer is one too many.

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