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Ripoff Report | Beneficial - Review - PROSPECT HEIGHTS, Illinois
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Report: #122669

Complaint Review: Beneficial - Household Finance - PROSPECT HEIGHTS Illinois

  • Submitted:
  • Updated:
  • Reported By: Mastic New York
  • Author Not Confirmed What's this?
  • Why?
  • Beneficial - Household Finance 2700 SANDERS RD PROSPECT HEIGHTS, Illinois U.S.A.

Beneficial - Household Finance Ripoff Fooled a young married couple in to a futuristic financial Mortgage Failure PROSPECT HEIGHTS Illinois

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We like all first time home buyers did not know much about purchasing a home. In 1997 we blindly signed paper after paper and where going to own our dream home. We raised our 3 children their and 8 years later we would loose our home, Ending our marriage.

We paid $671.00 per month for 8 years at 11% on a home that was supposed to be a $37,000 purchase price(a double trailer) for a 15 year term. After 8 years we now owe $61,000. The home is in foreclosure. Our lives and financial ability are crippled and our credit is ruiened. So much for the American Dream or Greed. If only we would have met someone honest to guide us through the process.

James
Mastic, New York
U.S.A.

This report was posted on Ripoff Report on 12/13/2004 03:55 PM and is a permanent record located here: https://www.ripoffreport.com/reports/beneficial-household-finance/prospect-heights-illinois-60070/beneficial-household-finance-ripoff-fooled-a-young-married-couple-in-to-a-futuristic-fin-122669. 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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