December 9th, 2007 at 12:35 am
(Uncategorized, Collection Agency, Debt and Credit Services, Banking, Sub Prime Mortgage, Credit)
If there is the most important place in our life than it has to be home. This is the place where our family is, where our children are growing up, where our good emotion and memories are. They say that home is the place where your soul lives. That is why some people live at work earning money they want to spend for the possibility to have their own home. And it does not matter whether it is a marble palace or a camper. That is why when it comes to choose your mortgage servicing company, you have to be very careful not to make a mistake. But sometimes it is not you who choose. In many cases your mortgage loan can be just sold to such company as America’s Servicing or HomeQ.
America’s Servicing Company. The company usually purchases mortgage loans of those people who have bad credit record or no record at all and whose mortgage company considers them to be questionable clients. America’s Servicing Company is a very complicated company to deal with. They lead all their customers even in worse troubles than those they already have. America’s Servicing Company will never research about your situation, they would just post late payments fees and harass you in different ways.
HomeQ. HomeQ is another shady mortgage loan servicing company which also never spares any effort to make the life of their subprime customers more difficult. They practice to post the payments late and then profit from collecting numerous late fees. This fraudulent company can even miss the payment you have made. And HomeQ customer service is really terrible it is rather customer frightening off service. You can be put on hold for hours while trying to clarify the situation. And then they will just tell you that is your fault and there is nothing they can do for you. Or they can try to gain some time telling you that they have no authority to solve the problem.
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December 9th, 2007 at 12:02 am
(Uncategorized, Debt and Credit Services, Banking)
Banking system is an essential part of our lives. Bank take care of our finances, manage them and keep save. But when it comes to people who are in financial trouble, bank employees just turn their backs on them. It happens even if the bank was the one who redoubled the troubles. It seems that the major banks of the United States do not have to have such problems but they do have them. And people post their complaints against customer service in Bank of America and Chase Manhattan Bank.
Bank of America. Bank of America is one of the largest financial companies across the US and even abroad. It other countries it is represented by more than 1,000 Bank of America branch offices. It specializes in various banking and financial services and is very trustworthy and reliable. Still, there have been many complaints connected with the services Bank of America provides. Lately, they create a wide range of troubles to their customers. Their automated system of getting and posting payments fails to do the work. Hence – a number of problems: Bank of America charges the customers late fees for nothing, then they report to the credit record agency and it results in poor credit of the customer.
Chase. Chase Manhattan Bank is one of the oldest banks in the United States and at the present times it is the consumer and commercial division of JP Morgan Chase after the bank was acquired by JP Morgan in 2000. It was founded a long time ago in 1799. In its long history the bank was considered to be the best by many riches such as Rockefeller family, for example. Nowadays, Chase Manhattan Bank’s most important clients are: Standard Oil, General Electric, Exxon Mobil. Lately the financial sector has come under pressure because of lending to controversial subjects. That is why Chase Manhattan Bank promised to avoid underwriting loans for socially or environmentally questionable people.
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