Complaint Review: Citi Financial - Irving Texas
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- Author Not Confirmed
- Citi Financial 6400 Las Colinas Blvd Irving, Texas USA
- Phone: 800-922-6235
- Web: https://www.citifinancialservicing....
- Category: Mortgage Companies
Citi Financial After paying for 10 years my mortgage balance went up then they sold my mortgage to another company. Irving Texas
*Consumer Comment: Here's Why
Show customers why they should trust your business over your competitors...
I signed a mortgage with this company in 2004 for the amount of $59000 as of my final statement before they sold my mortgage my balance was $64000. I was not notified of my morgage being sold and I attempted to contact them through the office that had my mortgage only to find the number was disconected. I don't understand how a person can pay all those years and have the balance go up. Now I am having to start over with this new company and pay the $59000. This company never gave me any answers as to why the balance was going up.
This report was posted on Ripoff Report on 07/10/2016 05:08 PM and is a permanent record located here: https://www.ripoffreport.com/reports/citi-financial/irving-texas-75039/citi-financial-after-paying-for-10-years-my-mortgage-balance-went-up-then-they-sold-my-mo-1316096. 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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#1 Consumer Comment
Here's Why
AUTHOR: Jim - (USA)
SUBMITTED: Sunday, July 10, 2016
If you have been late making payments, you generate extra interest for them in addition to late fees. If you have an Adjustable Rate Mortgage, it can go up. If you failed at any time to maintain the proper insurance, they may apply forced placed insurance to protect their security. They own the mortgage and therefore it is there's to do whatever they want with it. The selling of loans is common place and they don't need your approval to do so.
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