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Report: #555339

Complaint Review: JW Financial - Roseville California

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  • Updated:
  • Reported By: charles — marysville California United States of America
  • Author Not Confirmed What's this?
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  • JW Financial 5098 Foothills Blvd. # 3-462 Roseville, California United States of America

JW Financial JW Financial Solutions, Roseville California Loan Modification Scam. Supposedly negotiates with mortgage holder to buy mortgage at a discount, then modifies the loan to reflect actual value of property, thus lowering the mortgage payment. Roseville, California

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Paid fees to Mr. Wheeler of JW Financial Solutions in October & December 2008 of about $2000. By October 2009 There was absolutely no progress.  There were a number of excuses of course.


Eventually he closed his main office & supposedly is now using a "virtual office" at the address shown.  He does not answer the office phone or emails. (Surprise-Surprise)!!


I do have his address, and am about to file a small claims suite against him, for whatever that is worth.


It appears to me that there were a lot of people taken in by this scam.  One reason for this I believe is that he advertised on a well respected radio station.  They got scammed also.


It seemed like a great idea, & I did do some research on the company,but obviously not enough.

This report was posted on Ripoff Report on 01/15/2010 08:32 PM and is a permanent record located here: https://www.ripoffreport.com/reports/jw-financial/roseville-california-95747/jw-financial-jw-financial-solutions-roseville-california-loan-modification-scam-supposed-555339. 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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