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Report: #73709

Complaint Review: Beneficial Financial - Norwalk Ohio

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  • Reported By: fremont Ohio
  • Author Not Confirmed What's this?
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  • Beneficial Financial 201 Milan Ave Norwalk, Ohio U.S.A.

Beneficial Financial lied to me, held me captive, absorbed equity, sold my home ! Norwalk Ohio

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it is hard to put what has happened to us in the past 5 years into words! my mortgage was designed to fail. with preasure from my seller father in law, and a few well thought out lies from a lender! we were in trouble from the start.
we discovered money had been hidden at the closing.

we questioned only to be run around, and around. then a letter stating that they lost our original paperwork !? we needed to resign !? being trusting people. and still thinking that as a tax payer in the greatest country in the world! i was protected from corporate greed!!

my mortgage was flipped and flopped. once it was restructured twice in the same month!? without my even knowing!? i didnt know about the restructure just 3 months earlier!?

i had managed to get at least 4 lenders over the years to agree to a real mortgage. i figured we could cut our losses and get away with something! beneficial always managed to chase them off. mostly by not cooperating with payoff info.

i discovered i had a quite large balloon payment about 3 years into all this crap! it would only appear to impress real lenders! then it was hidden away to grow at 14%+ !?

we were refused the first 8 months of our payment history. it really would have helped in my defense! i was able to get it. a month or so after the forclosure!? they sent me other peoples personal inner office paperwork. but refused mine?

i have been to a dozen lawyers. even though my entire misdealings with these crooks is documented. no understandable help was available! if i would not file bankruptcy they could not help me!?

my home sold about 2 months ago. i also lost a rental property i have owned about 15 years.

i am no longer trying to stop the abuse! i now want to warn as many as possible! i still look for the day when they are held accountable!

!!!! BEWARE beneficial/household BEWARE !!!!

John
fremont, Ohio
U.S.A.

This report was posted on Ripoff Report on 12/02/2003 01:14 AM and is a permanent record located here: https://www.ripoffreport.com/reports/beneficial-financial/norwalk-ohio-44857/beneficial-financial-lied-to-me-held-me-captive-absorbed-equity-sold-my-home-norwalk-73709. 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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