Ripoff Report Needs Your Help!
X  |  CLOSE
Report: #206411

Complaint Review: Wilshire Credit Corporation - Beaverton Oregon

  • Submitted:
  • Updated:
  • Reported By: Miramar Florida
  • Author Confirmed What's this?
  • Why?
  • Wilshire Credit Corporation PO Box 8517 Beaverton, Oregon U.S.A.

Wilshire Credit Corporation ripoff, violated arms length agreement, prepayment penalties Beaverton Oregon

Show customers why they should trust your business over your competitors...

Is this
Report about YOU
listed on other sites?
Those sites steal
Ripoff Report's
content.
We can get those
removed for you!
Find out more here.
How to fix
Ripoff Report
If your business is
willing to make a
commitment to
customer satisfaction
Click here now..

Wow,
This company is bad news. Horrible customer service is just the beginning. Wait times of 40 - 60 minutes are expected and no action is the name of the game.
I recently sold my condo and when we went to close, Wilshire hit us with a prepayment penalty. When we asked why, they said that we had been in violation of an arms length agreement. I know that an arms length agreement means that the buyer and seller cannot be related or have previous business arraingments. They said that it meant that the buyer, seller, agents, and mortgage brokers can not be the same people. It just happened that the buyer was also an agent.

After a number of phone calls, I have gotten nowhere. I've spoken with two seperate real estate attorneys and they have been helpful. They both agreed that Wilshire is absolutely fleecing me.

I will be fighting them and getting back my money. If you don't have their REAL address yet, here it is:
14523 SW Millikan Way Suite #200, Beaverton, Oregon 97005

Good luck

David
Miramar, Florida
U.S.A.

This report was posted on Ripoff Report on 08/16/2006 12:26 PM and is a permanent record located here: https://www.ripoffreport.com/reports/wilshire-credit-corporation/beaverton-oregon-97207/wilshire-credit-corporation-ripoff-violated-arms-length-agreement-prepayment-penalties-b-206411. 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

Search for additional reports

If you would like to see more Rip-off Reports on this company/individual, search here:

Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?
Featured Reports

Advertisers above have met our
strict standards for business conduct.

X
What do hackers,
questionable attorneys and
fake court orders have in common?
...Dishonest Reputation Management Investigates Reputation Repair
Free speech rights compromised

WATCH News
Segment Now