Loan Care Bank Account Or Service Complaint

Other bank product/service Making/receiving payments, sending money

Loan Care Bank account or service department,

Other bank product/service Making/receiving payments, sending money Florida

I live in the state of florida. Hurricane - came across my county on -/-/16. I suffererd wind and water damage. I filed a homewoners Insurance claim. The insurance company paided my claim. Because it was over $2500.00 the checks was made to me and the loan provider. - c/o Loan Care is my loan provider. Loan care has a loss draft insurance section that handles all claims. I set up a account, overnighted both checks. I have received only food re-imbursement of $350.00 from $9.00, - that was issued to me. I have sent in all required paperwork, including receipts, bank statements and request for assistance from corportate. We have yet to received any written response from the company. The loss draft section I believe is committing fraud by hold non-loan money and documented repairs completion moneys from the homeowner and conducting deceptive business practices by dragging out this process. Every time you you call it is 3 to 5 days, 7 to 10 days. Stories change like the wind. I have numerous documents available to support this claim.

Loan Care customer in Florida
Dec 20, 2016

* Source: CFPB Complaint Database

Loan Care response to complaint:
Closed with explanation

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