Cheaper Savings Review

Like others, our loan was bought out by loancare. A few months after, they asked us to do a government refinance to save money. It was happening all over the country for this type of loan, so we did. At closing, broker said, by the way, you will get $3300 in escrow reimbursed. We soon got a check from loancare for $1700 and another for $1600. We saved the checks for almost a month until we could check to make sure we didn’t have to put them in escrow for new loan. I called loancare to ask. She said “no, you may spend them on whatever you like or double your payments.” We deposited the checks 20 days after we received them. I doubled up on payments of my bills. Then when I checked my bank acct. the check had a stop payment and I was charged a return item fee. Called loancare and they said we called and left a message for you not to spend that money as it was a mistake. no message, email, nothing. After speaking to 4 people telling me it looked like we should have the money in the acct. Finally, “a supervisor” very quickly found the so called mistake. A customer made an escrow payment and “accidentally” put my loan number on the check. Haha. When they found the mistake, they stopped payment. They would be glad to pay my overdrafts, but not return the 1600 I had spent, as I was told to do. I threatened suit and they told me I had that right and to go ahead but they would not return the money I was promised, received, told to spend and then stripped of from my bank acct. I will save money and refinance with my local bank as soon as possible. These illiterate people are crooks! Don’t get desperate when they take your loan. Get out of it!!! | I have filed complaints with Consumer Financial Protection Bureau and will continue to find other way to warn consumers! Check out all the complaints on YELP for this company.

—–

Name: Cheaper Savings

Country: United States

State: California

City: Rancho Santa Fe

Address: P.O. Box 9272

Phone: (844) 944-2432

Website: www.cheapersavings.com/

Share Review:
Yes it is. Based on the user review published on Beware.org, it is strongly advised to avoid Cheaper Savings Review in any dealing and transaction.
Not really. In spite of the review published here, there has been no response from Cheaper Savings Review. Lack of accountability is a major factor in determining trust.
Because unlike Beware.org, other websites get paid to remove negative reviews and replace them with fake positive ones.
Cheaper Savings Review is rated 1 out of 5 based on the reviews submitted by our users and is marked as POOR.
Never trust websites which offer a shady ‘advocacy package’ to businesses. Search for relevant reviews on Ripoff Report and Pissed Consumer to see more unbiased reviews.


>