Fairbanks Capital and Countrywide Home
December 8th, 2007 at 11:18 pm (Uncategorized, Bank Accounts, Loans, Mortgages, Collection Agencies)
Your home mortgage loan is a matter of extreme importance. Your home is your safe place. But when people get into some financial hardships and their credit record is bad, the situation with the home loan gets worse. Subprime home loan servicing companies are like those sharks who are trying to destroy their customers’ well-being and health. They actually get profit form that. Somebody may consider this business practices to be predatory, but the home loan servicing companies like Fairbanks Capital and Countrywide Home do not think so.
Fairbanks Capital. This company keeps on destroying its customers’ lives. Making the financial situation of the clients worse, Fairbanks Capital just takes their homes and ruins their credits. They do not care that people work hard to get back on their feet. Fairbanks Capital considers that it is much more lucrative to have those customers down on the ground and receive their late fees. They just make the situation hopeless. Fairbanks Capital is causing a lot of people to lose their homes they have worked very hard on. And if you try to call their customer service to deal with the problem and get some answer, all you will get is run-arounds and lack of competence.
Countrywide Home Loans. This company is of the same type as Fairbanks. They do not trust even their long time customers. It happens they fail to receive the right amount of the mortgage payment and start to act at once. First of all, Countrywide Home sent a letter to their client stating that they will never accept any other payment that would be less than needed. And they return the last payment making you a month behind your payment. And they can send these threatening letters even to the customers with perfect credit record without even trying to look into the situation.