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Wilshire Credit Corporation violating laws.what to do?  

0
The fax number of wilshire credit corporation is 503-952-7476 for the main office in Oregon or direct to the main office in New York is 212-670-4690. The toll free number to Oregon is 888-917-1050--some extensions are 7197, 7597, 7881,7733, 7661, 7701, 7560--or direct dial to
503-525-7257. There is a dispute department and Wilshire is required by law to respond to any dispute you put in writing and send to them--or the attorney general for the state of Oregon or the better business bureau. The address for Wilshire is 14523 SW Millikan Way Suite 200, Beaverton, Oregon 97005. There is also a local News Station who will look into allegations and you can e mail them at KATU.com and go to KATU on your side. I hope this will be helpful to you, and good luck in the pursuit of justice!

A number also for the main office of Merrill Lynch in New York is 866-654-7411. They are now the parent company for Wilshire. You may want to make your concerns known to them as well.
 

asked Apr 28, 2005 12:02 PM

Anonymous
Best Answer
2
best answer

You can also send your complaints at the FTC, BBB and the DA's office. I am sure they will take necessary action against wilshire credit corporation

answered Aug 17, 2005 12:38 PM

ben

80 Answers

13

FYI, they were not absorbed by Bank of America, they are a with a new company. You should check you facts before you start calling people tards.

answered Apr 14, 2010 04:43 PM

Anonymous
1

Hi whystle blower

You have given the whole lot of information about wilshire credit corporation. A lot of people keep on asking about them.

Thanks for the help. Keep in touch with all the members in the forums. Any help from your side will be appreciable.

Roxette

answered Apr 28, 2005 12:12 PM

1


Quote:

Originally Posted by roxette
Hi whystle blower

You have given the whole lot of information about this company. A lot of people keep on asking about them.

Thanks for the help. Keep in touch with all the members in the forums. Any help from your side will be appreciable.

Roxette


I am glad to help. Many employees and ex-employees of wilshire credit corporation are currently filing complaints and or taking legal action against them for discrimination against women and minorities, non-payment of overtime wages, se*ual harrassement and misconduct. You can go online to the Oregon Court System and look at the case info of Halverson vs Wilshire, she filed suit against them a few years past--for discrimination, there have been numerous complaints. The HR department has a long history of retaliating against employees for reporting misconduct and harrassement. icon_sad.gif

answered Jul 28, 2005 03:20 PM

Anonymous
1

My loan was just recently placed with Wilshire from a company I generally had no problems with. I have sent them one payment. My next payment is late and I was fixing to mail it. Then today I got a check in the mail from them for the amount of my first paymnet. It was just a check and a stub. It said it was from Wilshire Custodial refunds? what does that mean? Am I getting played and probably fixing to be screwed? I hope someone can help soon. Thank you

answered Apr 16, 2007 06:12 PM

Anonymous
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I wanted to thank you for this information,,we have had some serious problems with default loan servicing company wilshire credit corporation,for the last 6 months they have allowed me to send my payments to a mailing address they advise is old so they have been hammering me with late fees,, when i called after the first late fee they mentioned nothing about a wrong address. I asked them to remove it and they said no they are a collection company also and plan to collect the late fees. My bank was the one to identify the are holding on to my payments until the day it would be late.
Wilshire's excuse is that it takes 14 days for them to receive and process and post my payment.
I faxed a complaint accusing them of this which is fraud

Anyone know who else i could file a complaint with,,who governs or over sees companies like this

Thank You so much for your help

answered Aug 17, 2005 09:33 AM

0

what specific agency governs companies like wilshire credit corporation ?

answered Aug 17, 2005 04:24 PM

0

Since all the major credit card companies and collection agencies are governed by the Federal Trade Commission, Better Business Bureau, they are required to comply as per the Fair Debt Collection Practices Act.

Please have a look at the FTC website to gather some useful information regarding the consumer rights.

http://www.ftc.gov/

answered Aug 17, 2005 05:10 PM

ben
0

i thought the fdcpa guidelines were only to be adhered by 3rd party debt collectors (collection companies who have bought bad debt). im confused

answered Oct 5, 2005 10:07 PM

Anonymous
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The fdcpa laws are applicable to any business institution that is legally involved in collecting the debt from the consumers. It can be a collection agency (like wilshire credit corporation as well as your creditors also.

answered Oct 6, 2005 12:23 PM

ben
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