Report: #162584

Complaint Review: Fairbanks Capital, Select Portfolio Services

  • Submitted: Sat, October 29, 2005
  • Updated: Sat, October 29, 2005
  • Reported By: Northumberland Pennsylvania
  • Fairbanks Capital, Select Portfolio Services
    PO Box 551170
    Jacksonville, Florida

Fairbanks Capital, Select Portfolio Services ripoff Jacksonville Florida

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

I am appalled by what I am reading and thought we were the only ones going through these issues with Select Pportfolio Services. When we first bought ourr home it was financed with another company and then sold to Fairbanks Capital. It seemed things were okay. Then they started hitting us with fees, of which were never explained or disclosed. Then out of the blue they canceled our hazard insurance through our insurance agent and started charging us for hazard insurance (but at a rate for much more than what we paid out of escrow). Now, they say we have been three months behind in our payments (even though we have been paying each month). Somehow our payment went up a few hundred dollars with them notifying us until now when they want to foreclose on our house. After I called them they said that money that was sent to them has been put in unapplied accounts (what the heck is that? when you send money to someone it should be credited to your account-sounds shady to me). Anyway, they will not apply any past payments to our mortgage until we are paid up to date (according to their records). So, now we are left wondering if the agreement we made with them is not really an agreement on their part. We do not want to lose our house and we are sure they are doing something illegal. We have thought about refinancing yet our credit is ruined. I think this company is taking advantage of people with poor credit. We just wnat to know what can be done about this company; we do not want to lose our house (and we are quite sure that this is the route SPS will take- especially after reading this). I do not trust them one bit.

Northumberland, Pennsylvania
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 10/29/2005 06:07 PM 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.