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Ripoff Report | GreenTree - C Review - Rapid City, South Dakota
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Report: #136414

Complaint Review: GreenTree - Conseco - Rapid City South Dakota

  • Submitted:
  • Updated:
  • Reported By: — Wilsonville Oregon
  • Author Confirmed What's this?
    • Why?
  • GreenTree - Conseco gtservicing.com Rapid City, South Dakota U.S.A.

GreenTree insurance, included in mortgage, expires. Monthly payment increases Rapid City South Dakota

*Consumer Comment: I think what you did was finance 1 year of lot rent and 5 years of insurance.........
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Am I being ripped off? Or, is the following really acceptable financing procedure?

The mortgage had one years lot rent and five years home owners insurance included in its principal.

The insurance expired. I bought a new policy through another company. The mortgage payment stays the same.

It just seems like I'm continuing to pay for a service I am no longer receiving. Am I missing something?

Ted
Wilsonville, Oregon
U.S.A.

This report was posted on Ripoff Report on 03/25/2005 05:42 PM and is a permanent record located here: https://www.ripoffreport.com/reports/greentree-conseco/rapid-city-south-dakota-57709/greentree-insurance-included-in-mortgage-expires-monthly-payment-increases-rapid-city-136414. 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

I think what you did was finance 1 year of lot rent and 5 years of insurance.........

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

SUBMITTED: Tuesday, October 11, 2005

POSTED: Tuesday, October 11, 2005

for the length of your loan.

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