LoanCare, LLC – CFPB Complaint ID 2789024

Consumer Complaint Submission

Date Received: 2018-01-20T00:00:00 Product: Other debt Issue: Attempts to collect debt not owed Consumer Consent Provided to Share Complaint: Consent provided Consumer Complaint: In XX/XX/XXXX, my mortgage was sold from XXXX XXXX XXXX XXXX to XXXX XXXX. I bank online through XXXX XXXX XXXX. When I added information on XXXX as a ” New Payee …

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Paymap and LoanCare Nailed for Stupid Simple Reason

Yesterday the Consumer Financial Protection Bureau announced they took action against companies that sold consumers on an equity accelerator program. Typically these programs make payments every two weeks instead of once a month and that gives people one extra mortgage payment a year to reduce the balance owed faster. But the unbelievable part of this …

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