LoanDepot Managing The Loan Or Lease Complaints

Review and analysis of over 3 complaints against LoanDepot

LoanDepot consumers have reported over 3 official complaints related to Managing the loan or lease. Out of the 3 consumer complaints against LoanDepot, 67% were disputed by the consumer (i.e. the consumer was not happy with how LoanDepot responded to their complaint) and 67% were processed in a timely manner. 0% of consumer complaints against LoanDepot 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 Managing The Loan Or Lease Consumer Complaints


LoanDepot Consumer Loan managing the loan or lease

January 5, 2016 - On -/-/-, I sent a payoff to Loan Depot in the amount of $34000.00 for a loan balance of # $33000.00. Due to untimely payment processing I ordered a stop pay on -/-/-. At that time my bank issued another check to loan depot in the amount of $34000.00. Again due to untimely payment processing I ordered a stop payment on -/-/-. On -/-/- I called Loan Depot to payoff the loan via ACH over the phone. At that time Loan Depot was unable to accept my payment because the prior - checks were not returned. Loan depot stated that they would honor my -/-/...

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LoanDepot Consumer Loan managing the loan or lease

December 17, 2015 - I have an installment loan with Loan Depot. They do not send a monthly statement to inform me of how my payments are applied. When I view my account information on line there is no information as to the balance of the account after payments have been processed. In addition, the payment is auto drafted from my account on the - of every month by Loan Depot ; however, they do not apply the payment until the - of the month according to what they do post on line. I have tried to contact them and get passed around and no one will answer my questions. The last person I spoke to told me to cal...

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