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Report: #46301

Complaint Review: The Associates Aka Citi Financial - Reno Nevada

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  • Reported By: Dayton Nevada
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  • The Associates Aka Citi Financial Reno Nv Reno, Nevada U.S.A.

The Associates aka Citi Financial misleading ripoff prepay penalty Reno Nevada

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Initialed never given copy, 5 year ripoff abused & mistreated ripoff .....

I'll keep it short and sweet. I did not know much about second mortgages so I got Took by the Associates aka Citifinacial. after 3 years I figured my prepay period had to be over. I could not find it in my contract.

When I called they said I initialed a 5 year prepay penalty. I asked why this was not in my contract. she stated they donot give copies of that. my question is why give you a contract and exclude such an important Item. I just feel Ripped off because now I am refinacing for the great rates now offered and they want $1700.

I paid them plenty to get the loan. paid a large interest rate 11% equaling $10,000 in interest alone over a 3 year period. That's not enough for them They want 6 months interest to pay it off? and they still have not produced any documentation with my initials. It's in the mail I'm told.

Dayton, Nevada

This report was posted on Ripoff Report on 02/20/2003 08:19 PM and is a permanent record located here: 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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