They failed to tell me when I refianced that my payment would be higher. They gave me a quote that I was saving money per month instead it went up. I refianced for 1 purpose, to lower my payment not to go up.
2006-06-10 12:00:42 · 4 answers · asked by tammysr7 1 in Politics & Government ➔ Law & Ethics
Assuming you can prove what you say.....they should have given you a Truth In Lending disclosure, that states the annual percentage rate, the monthly payment, the number of payments, the total of interest and the total of payments. Your state should regulate lenders. This is usually done in a Consumer Credit Commission or Banking Commission. Contact your state's Consumer Protection Agency, or the Consumer Protection Division of the Office of the Attorney General.
2006-06-10 13:08:22 · answer #1 · answered by AnOrdinaryGuy 5 · 0⤊ 0⤋
Better Buisness Bureau. BBB in the telephone book!
2006-06-10 19:03:32 · answer #2 · answered by deborah p 3 · 0⤊ 0⤋
ftc.gov
There are laws reqaurding good faith estimates.
to be honest though it might be hard because your new rate should be on your closing papers, even if it was different than the good faith estimate.
2006-06-10 19:06:39 · answer #3 · answered by gentleman1973 3 · 0⤊ 0⤋
BBB BETER BUSINESS BUREAU
THE FDIC REGULATES LENDERS
THUS, COMPLAIN TO THEM. F.D.I.C.
TRUTH IN LENDING FORMS MANDATORY
USUALLY DISCLOSED AT CLOSE OF SALES
READ YOUR PAPER
2006-06-10 19:09:39 · answer #4 · answered by Anonymous · 0⤊ 0⤋