Loan Care Mortgage Complaint

Home equity loan or line of credit Loan servicing, payments, escrow account

Loan Care Mortgage department,

Home equity loan or line of credit Loan servicing, payments, escrow account Washington

In -/-/- I made my -/-/- mortgage payment. At the end of -/-/- I made my mortgage payment for -/-/-. Everything was fine until about -/-/- when I started receiving late notices. I did some research and found that LoanCare had applied my -/-/- payment towards -/-/-. So instead of recording - separate months payments as they should have they showed - payment for -. I called and got it resolved without issue. I was assured that this was their mistake and it would not affect my credit score. I have filed a dispute with - with LoanCare but they refuse to change the late. The account was never late.

Loan Care customer in Washington
May 27, 2015

* Source: CFPB Complaint Database

Loan Care response to complaint:
Closed with explanation

Created with Highcharts 4.2.3Loan CareLoan servicing, payments, escrow accountSource: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3National AverageLoan servicing, payments, escrow accountSource: Consumer Financial Protection Bureau

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