Franklin Credit Management Home Equity Loan Or Line Of Credit Complaints

Review and analysis of over 11 Home Equity Loan Or Line Of Credit complaints against Franklin Credit Management

Franklin Credit Management consumers have reported over 11 official complaints related to Home equity loan or line of credit. Out of the 11 consumer complaints against Franklin Credit Management, 9% were disputed by the consumer (i.e. the consumer was not happy with how Franklin Credit Management responded to their complaint) and 82% 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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New Home Equity Loan Or Line Of Credit Consumer Complaints


Franklin Credit Management Mortgage loan modification,collection,foreclosure

March 8, 2016 - I have a - and - mortgage on my home that I took out in 2006. I have struggled for years to keep up with the monthly payments on both loans. My income has drastically decreased over the last several years and the main source of income was mostly brought in by my husband. We almost lost our home a couple years ago when we fell behind on the first. We were successful at modifying that loan, the payment is still high but we were able to afford it. The result of my declining income led us to then fall behind on our -. This is when our real troubles began. The - is with Franklin Credit ...

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Franklin Credit Management Mortgage loan modification,collection,foreclosure

December 22, 2015 - My loans ( - & - ) were originally with - - - - - until they went under and were sold to Franklin Credit Management Corporation who is the servicer for - -, -. I fell behind on my payments on my second mortgage and applied for a loan modification and sent in my documents. I received notification from - - - that I was going into foreclosure and the Trustee was The - Firm. After researching I located the Substitution of Trustee which was dated -/-/2015, however, this document was not recorded until - -, 2015, Three months later, additionally,...

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Franklin Credit Management Mortgage loan servicing, payments, escrow account

December 5, 2015 - Predatory Loan with Franklin Credit took a - loan out - 2006. Paid a total of - on a - 15 year loan. The Principal on this loan has not gone down. Still owe - the original interest rate on this loan was 13.750 % the interest rate and the monthly charges fluctuate. ...

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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 -...

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Franklin Credit Management Mortgage loan modification,collection,foreclosure

October 1, 2015 - I requested mortgage assistance from Franklin Credit Management - - - -, - regarding my defaulted 2nd mortgage and they have not offered my any assistance. ...

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Franklin Credit Management Mortgage loan modification,collection,foreclosure

September 26, 2015 - A letter was sent via certified mail to Franklin Credit Management Corporation regarding an amount owed. This debt represents fraud, unjust enrichment, breach of contract, violations of Civil Code Sections 2924, the Business and Professions Code Sections 17200 and Fair Debt Collections Practices Act, by failing to serve proper notice of default, claiming excessive amounts due are owed, and failing to provide supporting documents. as requested - -, 2015. A - Certified Letter was sent on - -, specifically despite previous letters sent on - -. The - representing Franklin C...

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