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Date: Fri, 05/28/2010 - 14:42

Submitted by anonymous
on Fri, 05/28/2010 - 14:42

Posts: 202330 Credits: [Donate]

Total Replies: 2


Mailing received as follows:

PERSONAL AND CONFIDENTIAL (Front of Mail)
PRESORTED FIRST CLASS U.S. POSTAGE PAID 92677
PERMIT NO. 1130

MAILED TO (MY NAME AND ADDRESS)

BODY OF LETTER:
2010-A SPECIAL RELIEF ADVISORY
Re: Payment Relief Plan Parcel:x-x-x-xxx-xxx-xxxx
DEAR (MY NAME)
PRE-SELECTED LOAN AMOUNT: $XXX,XXX.00
LOAN TO VALUE: XXX% LOAN ORIGINATION DATE:X/XX
LENDER: XXXXX MTG. 1-888-933-xxxx
REFER TO ELIGIBILITY NUMBER: ZXXXXXX-XXXX
STATUS: NOTIFIED ASSIGNED TO: ASSISTANCE DEPT.

(HAMP) LOAN TO VALUE...FLAT FEE OF $XXX.XX ?????
ADVISED TO SEND A CASHIER'S CHECK ???

PLEASE REPLY . . . I'M RESEARCHING FOR VALIDITY...


My money says its a scam....for one thing, this letter doesnt even list any terms. It only says "pay this much to us in a cashiers check and you will get a loan for XXX amount." Thats BAD news right there. I would NEVER give someone money for a loan like this--something else, did you try to get a loan with any bank or lender anywhere? Or did this just come to your house without you expecting it? If it didnt come from a company you contacted about getting a loan, then I would stay away. And I would NEVER pay ANYONE for a loan when they didnt even disclose any of the terms. So they can loan you all this money--assuming that they are legitimate, what is the interest rate? how long is the term? If they loan you $100,000.00 and expect you to pay it back in 5 years at 19% interest.....imagine the whopper of a payment you would have.

My gut says to stay away from those guys and DO NOT send them a penny.


lrhall41

Submitted by skydivr7673 on Fri, 05/28/2010 - 15:32

( Posts: 2036 | Credits: )