Report: #967907

Complaint Review: specialized loan servicing

  • Submitted: Mon, November 12, 2012
  • Updated: Mon, November 12, 2012
  • Reported By: unfair — Hubert North Carolina United States of America
  • specialized loan servicing
    8742 Lucent Blvd
    Highlands Ranch, Colorado
    United States of America

specialized loan servicing SLS will take a payment over the phone, but they do not post it to your account for weeks, causing late fees to accrue and negetive credit reports to be filed. Then they offer financial help that ta Highlands Ranch, Colorado

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Specialized loan servicing (SLS). I will call on the first of the month to make a mortgage payment. They do not post or apply the payment for 16 to 18 days causing late fees and charges to be applied to my account. I tried to make the payment early, and they either applied it as extra on month already paid or did not apply it at all. If I don't check with the bank I never know if the payment has been made. I have had my normal payment of 831 to escalate to over 1000 due to their practice of with holding a payment till after the grace period. Do not finance your home with this company. It is nothing but a greedy corporation.
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This report was posted on Ripoff Report on 11/12/2012 03:10 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

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