Review and analysis of over 9 complaints against Franklin Credit Management
Franklin Credit Management consumers have reported over 9 official complaints related to Settlement process and costs. Out of the 9 consumer complaints against Franklin Credit Management, 22% were disputed by the consumer (i.e. the consumer was not happy with how Franklin Credit Management responded to their complaint) and 100% were processed in a timely manner. 0% of consumer complaints against Franklin Credit Management resulted in the consumer receiving monetary compensation (e.g. money, cash reimbursement, etc.) and 0% resulted in non-monetary compensation.
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Franklin Credit Management Mortgage settlement process and costs December 28, 2015 - Hi, my name is - - ; i am a widow who semi-retired -. I live in -. The Franklin Credit Management bought out my second mortgage a few years ago when my house was upside down - dropped almost half, and placed a lien on my property. I have been trying to settle this since then, but no avail. It is almost upsetting and frustrating how they kept on telling me to counter offer against their offer of $31000.00 as a final settlement, but never mentioned about the expiration date, which was last - -. Had I known that there was an expiration date on their amount, I am 100 % certain... |
Franklin Credit Management Mortgage settlement process and costs December 3, 2015 - We took out a second mortgage for - for a 15 year loan in 2006 with - - - who sold it to - who sold it to Franklin Credit managment. The initial interest rate was 13.9 %. I made payments for 3 years the Principal stayed at -. I had no contact from this company for 6 years. After 6 years they contacted me 6 months ago saying I had to pay - in back payments or they would foreclose. They then hired The - who put a Notice of Foreclosure on my house. This is a predatory loan. The loan amount never went down. The loan was for 15 years. We will pay them a total so far of the -... |
Franklin Credit Management Mortgage settlement process and costs November 27, 2015 - My name is - - ; i am a widow ; semi-retired from -. The FCM bought out my - mortgage a few years ago and placed a lien on my property. I have been trying to settle this since then. It is almost upsetting how they kept on asking me to counter offer against their offer of $31000.00, but never mentioned about the expiration date - -. Had I known that there was an expiration date on their offer, I would have made far better decision. I did not have a regular income, so I was trying to see if I could lower the final amount to borrow lower than $31000.00. I felt very angry at th... |