Posts by Kimberly Davis2

Angela Green said:The reality of the situation right now is that those funds have basically evaporated. Even after tallying up every single balance across all these various savings Contract Corp accounts—which, by the way, I am still trying to figure out exactly how many there are and whose names they're actually under—nothing has been cleared at all. I even went so far as to request a detailed breakdown of where my monthly installments were actually going—you know, to see where my $600+ was landing—but the explanation I got was half-baked at best. As for those savings Contract Corp deals held in my parents' names, it turns out the amount being deposited there was essentially the exact same amount being deducted every month as a Contract Corp setup fee. Every. Single. Month. Right now, I’m knee-deep in paperwork, trying to make sense of this entire convoluted mess and figuring out how on earth I managed to burn through so much cash when my debt level is practically identical to what it was the day the loan was first issued.

looks like I'm in the same boat as w. They really screwed us over... we spent 9 years dealing with a war costing $867 and got nothing back, while they just pocketed the DPS and the deposits they can't even return to me.

graniteharbor7 said:So I was looking at my numbers over at Wells Fargo, and honestly, what my wife just worked out is absolutely terrifying! After checking with JPMorgan Chase, it turns out if I went with them under the exact same terms, I’d be paying off twenty grand less in the long run.

I tried showing her the article right from their own website, but she just kept making excuses, insisting that management had rolled out these new terms, BUT (get this) she claims she can't even show them to me or print a copy because she isn't sure if she's actually allowed to!

She got me so worked up with all that nonsense that I almost lost it and...

Anyway, I’m going to call Wells Fargo back and try to deal with a different agent to see if I can strike a better deal, just to see how a different person handles the conversation.

Please don't go there. They just hustle you and lie. I had a nightmare experience with them—we ended up suing them and thank God we won.
🙂

All they need are some names on paper and suddenly those loans get approved. You don't walk away with a dime; you just end up paying back a massive loan while the Democratic Party collects tax revenue from the state. Just do the math on what they’re actually making versus how much you’re losing in savings over the life of a loan like that. I’ve got one myself, and honestly? It's a joke. They tell you one thing and then do the exact opposite behind your back.

Mark Watson86 said:Then I stumbled upon this thread 🙂 where someone mentioned that WSWS is asking for a $10,000.00 deposit, split between three people—my wife, myself, and my mother... but from what I gather, no actual cash needs to be deposited upfront because the incentives will just hit those $3,333 per person amounts over the coming years...
To be perfectly honest, that specific part is the most confusing bit for me as well!

Look, if you think that’s a loan for interim financing, forget it. I wouldn't touch them with a ten-foot pole now. I'm actually suing them because they won't release funds they claim are tied up in a mortgage, even though they promised me the moon and stars. They basically buried the paperwork. I put my housing savings in for five years, it matured, and still no cash. I've got a mortgage, a guarantor, and a co-signer, and they keep using this "funds are locked in the loan" excuse, but there's zero proof of that in the actual contract. They're just grasping at straws. On top of that, they forced me to open six different savings accounts for my parents and everyone else just so they could skim off the Democratic Party benefits. I know that's not allowed under the mortgage terms, and I have the receipts. They also won't release my daughter's savings. It hit the five-year mark, but they're claiming since my husband signed as her legal guardian, the money is tied to the mortgage. It's nonsense. My money isn't even accounted for regarding what happens when the 20-year mortgage ends—everything is capped at five years. Bottom line: they lie so much it's hard to believe. They catch themselves in their own bullshit constantly, claiming we signed things they won't even show us. I took out the loan in a small town outside Chicago, and those local branches have no clue what's happening—everything is controlled by the corporate office in New York.