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Ripoff Report | Rock Financial Review - Auburn Hills, Michigan
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Report: #179367

Complaint Review: Rock Financial - Auburn Hills Michigan

  • Submitted:
  • Updated:
  • Reported By: birmingham Michigan
  • Author Confirmed What's this?
  • Why?
  • Rock Financial www.rockfinancial.com Auburn Hills, Michigan U.S.A.

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Made me pay a $730 deposit before showing me the rate. The 30 year rate was a non-competitive rate that was .75% higher than anywhere else. Would not pay back deposit. Same thing happened to my friend. This was a scam and they are misleading applicants to put down a deposit before showing the rates. Was told that they were competitive before putting down the deposit.

Ted
birmingham, Michigan
U.S.A.

This report was posted on Ripoff Report on 03/04/2006 10:56 PM and is a permanent record located here: https://www.ripoffreport.com/reports/rock-financial/auburn-hills-michigan-48326/rock-financial-ripoff-auburn-hills-michigan-179367. 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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REBUTTALS & REPLIES:
0Author
6Consumer
0Employee/Owner

#6 Consumer Suggestion

Quicken Loans/Rock Financial Fraud, Predatory Lending, Bait/Switch Stay Away or lose $$$$$

AUTHOR: Kurt - (U.S.A.)

POSTED: Sunday, March 16, 2008

Quicken Loans/Rock Financial how to avoid problems and get you money back!!!
What to do when you have problems with Quicken Loans!!
Please follow these steps to resolve problems at Quicken Loans/Rock Financial:


1. Contact the Banking department of your state where they have licence to operate

2. Report them with the better business bureau at bbb.org

3. Send a letter to their CEO and avoid the Directors and Bankers. Go above their heads right to Client relations or the CEO and tell them you were lied to

4. Threaten to take them to a small claims court.

5. Contact your state attorney generals office and file a complaint, just google 'attorney general state of michigan' and you can complete the complaint on line.

6. Call your credit card company and dipute the charge.

7. Demand them to listen to the call clip -- ALL CALLS are recorded

8. Contact the Banking department of your state where they have licence to operate:
Detroit Alliance for Fair Banking
76 Lothrop
Detroit, MI 48202
(313) 871-9050

9. I would personally email Tom Walsh from the local Detroit paper.

10. Complain to local tv stations and consumer protection agencies for the state and county.

11. Contact Teresa Drexler at NKA at 612.256.3268. They are in the beginning stages of a class action law suit against Quicken Loans about this very thing, bait and switching loans, not disclosing fees etc. If the APR that they quoted you is more than 1/8th off - they HAVE to get you all new paperwork. They are excited to hear from you.

12. Demand to see the invoice from the appraiser and demand the difference back. And do NOT pay for any QLSS or any other junk fee. Call the appraiser direct and ask for a copy of the invoice.

13. Tell your friends and family not to do business with them.

14. All of this will not cost you a penny and in most cases you will get your money fully refunded.

15. Predatory Lending HOT Line - 1-800-SOLVE88 for the state of Michigan.

Also file a complaint with the FTC
http://www.ftc.gov/ Make sure you complain with this Government Agency and they will investigate Quicken Loans as the database grows with complaints.

Other Contacts to complain to about Quicken Loans/Rock Financial!!!
FBI Contacts: Search the website

Neil Power, Chief of the FBI economic crimes unit

Bill Carter, an FBI spokesman

Kenneth Kaiser, FBI assistant director for the Criminal Investigative Division

The Securities and Exchange Commission

More places to file a complaint about Quicken Loans/Rock Financial
Office of the Comptroller of the Currency
http://www.occ.treas.gov
Customer Assistance Group
1301 McKinney Street
Suite 3450
Houston, TX 77010
FAX: 713-336-4301

Federal Reserve Board
www.federalreserve.gov
Board of Governors of the Federal Reserve System
Division of Consumer and Community Affairs
20th and C Streets, NW, Stop 801
Washington, DC 20551
(202) 452-3693


Americans for Fairness in Lending
http://www.affil.org/get_active/complaint.php?gclid=CJ3E6aaR5ZECFQGysgodxFRRew

Thank you

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#5 Consumer Suggestion

Rock's online rates

AUTHOR: Rex - (U.S.A.)

POSTED: Saturday, July 01, 2006

Pat - Sometown, Michigan

Those rates do not take into consideration LTV, Credit Score, Debt-to-Income, etc. All of these factors can change the rate on a mortgage.

The online rate generator must quote best scenario rates or risk losing potential customers.

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#4 UPDATE Employee

Rates are public

AUTHOR: Pat - (U.S.A.)

POSTED: Friday, June 30, 2006

You HAD to pay a deposit before given a rate???

Rock Financial rates are posted every single day on their website.

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#3 Consumer Suggestion

Just Keep Fighting

AUTHOR: R - (U.S.A.)

POSTED: Thursday, May 18, 2006

Your deposit was for your appraisal and other costs. I imagine the loan did not go through, otherwise you would not have a complaint. My advise, keep fighting. If you never signed
anything it should be a layup to get your money back. Ask to be directed to the complaint department. I hope this helps.

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#2 UPDATE EX-employee responds

Ameriquest vs Rock

AUTHOR: Lou - (U.S.A.)

POSTED: Friday, April 28, 2006

Ameriquest pulled bait and switch, doctored documents, inflated appriasals and lied on HUD statements.

Rock is always competetive and if they didn't return your deposit it is because they ordered the appraisal already... you owe that money for services rendured.

Please stop comparing a serial murderer to someone with a parking ticket. Two opposite ends of the spectrum.

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#1 Consumer Comment

Rock Financial

AUTHOR: Marge - (U.S.A.)

POSTED: Thursday, April 27, 2006

they haven't been fined like Ameriquest but they are just as guilty of preditory lending. somebody will get them. have you looked under ameriquest or appraisals. so much info.
good luck

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