Homecomings Financial Deceiving, manipulating, liars! Waterloo Iowa

I was sent to Homecomings through a website that finds lenders for equity loans. When speaking to the respresentative he told me that I qualified for a $50,000 loan @ 7.5% fixed. He DID NOT mention it would be a variable rate of 13.5% which,as you know, can be devastating if your thinking a payment is one & turns out to be another. The loan went from $109,$258 then to $579. They told me that the reason this happened was that I spent the whole $50,000.

Well, I explained that after they had paid all of my debt, THEY sent me a $15,000 check that I deposited. I had no idea that would set the variable off & it has been out of control for 2 years now. From what I've heard that they should never have sent that check! Now, another issue is that when I pay over their website, I always go by what is on that website. Well, they can't even get that right! They have added late charges & past due amounts saying I wasn't paying the correct amount. Now instead of $50,000 I owe $50,460.92.

When will this end??? I had no idea there were so many unhappy people. I am now going to turn them over to the Attorney General of Louisiana to see if there is someting I can do about these people. If anyone has a class action going please count me in. Look I am a single mom just trying to make her way. People like this should be delt with appropriately.

Suzanne
Baton Rouge, Louisiana
U.S.A.