Complaint Review: Homeq Servicing Corp.aka The Money Store - Sacramento California
- Homeq Servicing Corp.aka The Money Store PO BOX 13716 Sacramento, California U.S.A.
- Phone: 800-326-3449
- Web:
- Category: Mortgage Companies
Homeq a/k/a The Money Store Homeq Servicing Corp.aka The Money Store rip-off deceptive company dirty rip-off dogs consumer fraud thieves Sacramento, California
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We were mislead by The Money Store in Dec.of 1995 when we purchased a home that was in severe disrepair.
Before the closing, I asked the representative of TMS if we could get the necessary funding along with the mortgage to make this place liveable.
They promised us everything we would need would beprovided.
5 minutes after the closing, I asked the rep. again about when we should expect to apply for the improvement loan, and he said,"we really need to see 12 consecutive payments before we can do that."
I had to GUT the entire house, rewire, plumb, and reconstruct the house from scratch which inevidably ran
me broke before I could get anywhere near to "liveable" condition.
Lost my self-employment status for over 5 yrs., and had to get a job to regroup myself. An understanding wife and 2 young kids were involved in this mess as well.
We found a mortgage broker on the internet that would refinance afte 2 years of hell, Parkway Mortgage from Kenilworth,NJ.
I was adiment about not wanting the note sold to The Money Store if it was sold. They assured us this would NEVER happen.They did refinance the place, but 6 months later disappeared off the face of the earth, and sold the mortgage back to...(Guess Who...?)Homeq.aka,The Money Store.
Thanks for ruining the last 7 years of a working mans life along with his young family's wellbeing.
Thomas
Woodford,, Vermont
This report was posted on Ripoff Report on 04/28/2002 10:28 AM and is a permanent record located here: https://www.ripoffreport.com/reports/homeq-servicing-corpaka-the-money-store/sacramento-california-95853-3716/homeq-aka-the-money-store-homeq-servicing-corpaka-the-money-store-rip-off-deceptive-com-19748. 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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