Report: #218197

Complaint Review: Fairbanks Capital - LSC - SPS - Equicredit, Patriot Mortgage

  • Submitted: Sun, October 29, 2006
  • Updated: Sun, October 29, 2006
  • Reported By: Panama Oklahoma
  • Fairbanks Capital - LSC - SPS - Equicredit, Patriot Mortgage
    3815 South West Temple
    Salt Lake City, Utah

Equicredit, Fairbanks Capital, Patriot Mortgage Fairbanks Capital - LSC - SPS - Equicredit, Patriot Mortgage Equicredit Faibanks etc. Stole my home through swapping Salt Lake City Utah

Show customers why they should trust your business over your competitors...

In 2001 I lost my home throgh something known as swapping. I had applied for home loan on my inherited home from my grandmother to purchase a home in the state where I lived Oklahoma. My intentions were to do some repairs to her home and use it as rental property. However I mailed in my first payment in to Fairbanks they told me the loan had been sold to a subsidarary company and they refused to accept my payment. By this time the second payment was due so I mailed both payments to the subsidarary company and I got the same results.

The loan was taken over by Equicredit and they also refused payment due to being sold to someone else. This went on for 9 months all payment attempts refused. They then foreclosed on the home and auctioned it off. The mortgage amount was $44,000 the home was sold for $58,000. After meaningless days on the phone trying to staighten this out during the payment period All was lost. I have tried everything I know to obtain some resolve but nothing has happened. I have disputed Equicredit on my credit report however it was not removed and now Fairbanks has shown up. Is there ANYTHING I Can do???? HELP PLEASE!!

Panama, Oklahoma
Is this Ripoff Report About you?
Ripoff Report A business' first line of defense on the Internet.
If your business is willing to make a commitment to customer satisfaction Click here now..

Does your business have a bad reputation? Fix it the right way. Corporate Advocacy Program™

Set the record straight: Arbitration Program

SEO Reputation Management at its best!

This report was posted on Ripoff Report on 10/29/2006 10:14 AM and is a permanent record located here: 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

Search for additional reports

If you would like to see more Rip-off Reports on this company/individual, search here:

Report & Rebuttal
Respond to this report!
Also a victim?
Repair Your Reputation!
Ripoff Report Recommends
ZipBooks Accounting Software

Advertisers above have met our
strict standards for business conduct.