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01-18-2006, 12:24 PM
| | Junior Member | | Join Date: Jan 2006
Posts: 8
| | | Mortgage company never sent payoff statement,now want to charge interest
What is the name of your state?What is the name of your state?PA
I had spoken with our mortgage company early last year, and was told it would be a partial payment in Feb. 2006 to payoff the mortgage. They said a payoff statement would be sent around a month before. Our mortgate company never sent a payoff statement, and did not take our automatic payment on Jan 9,2006 as we expected. I contacted them the next day to inquire, and they said the automatic payment was greater than the loan amount, and so they could not take it. They asked why I didn't rrespond to the payoff request, and I stated I had not recieved one. They checked their records, and found they had not issued one. They are now charging me interest up to the payoff. I think this is wrong as it was their error. I don't think I should have to pay the January interest. A supervisor's supervisor agreed, and then lied to me, and charged me it. She now will not return my calls. Am I off base here? |
01-18-2006, 12:34 PM
| | Senior Member | | Join Date: Aug 2005 Location: St. Odo of Cluny Parish
Posts: 27,470
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Originally Posted by Eileeen What is the name of your state?What is the name of your state?PA
I had spoken with our mortgage company early last year, and was told it would be a partial payment in Feb. 2006 to payoff the mortgage. They said a payoff statement would be sent around a month before. Our mortgate company never sent a payoff statement, and did not take our automatic payment on Jan 9,2006 as we expected. I contacted them the next day to inquire, and they said the automatic payment was greater than the loan amount, and so they could not take it. They asked why I didn't rrespond to the payoff request, and I stated I had not recieved one. They checked their records, and found they had not issued one. They are now charging me interest up to the payoff. I think this is wrong as it was their error. I don't think I should have to pay the January interest. A supervisor's supervisor agreed, and then lied to me, and charged me it. She now will not return my calls. Am I off base here? | They are now charging me interest up to the payoff. I think this is wrong as it was their error.
Unfortunately, their stupidity (which is rampant in mortgage lenders) do not relieve you of paying your bills.
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01-18-2006, 12:50 PM
| | Junior Member | | Join Date: Jan 2006
Posts: 8
| | | But if they had taken my automatic payment, there wouldn't have been any January interest, as the loan would have been payed off. |
01-18-2006, 01:00 PM
| | Senior Member | | Join Date: Jun 2000 Location: Somnambulist University
Posts: 36,806
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Originally Posted by Eileeen But if they had taken my automatic payment, there wouldn't have been any January interest, as the loan would have been payed off. | And if you had made your payoff request and intentions in WRITING, there likely wouldn't be this problem.
Your ONLY recourse is to try to negotiate the matter the best you can.... and if not successful, pay it. The amount can't really be enough to worry about.
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01-18-2006, 02:37 PM
| | Junior Member | | Join Date: Jan 2006
Posts: 8
| | | The mortgage company had said the payoff would be in February, why would I have requested a payoff statement in December? |
01-18-2006, 02:44 PM
| | Senior Member | | Join Date: Jun 2000 Location: Somnambulist University
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Originally Posted by Eileeen The mortgage company had said the payoff would be in February, why would I have requested a payoff statement in December? | How the hell do we know what you requested, when you requested it, and for what reason??
You're the one who is whining over what is likely less than $50.
Accept it or file a lawsuit. Those are your ONLY LEGAL options.
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01-18-2006, 02:52 PM
| | Junior Member | | Join Date: Jan 2006
Posts: 8
| | | I came here for advice. I was explaining my situation. Please choose to not reply if the only way you can do so is to be rude. |
01-18-2006, 02:54 PM
| | Senior Member | | Join Date: Aug 2005 Location: St. Odo of Cluny Parish
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Originally Posted by Eileeen I came here for advice. I was explaining my situation. Please choose to not reply if the only way you can do so is to be rude. | JETX and I both gave you the correct advice.
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01-18-2006, 02:56 PM
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| | | Thank you. |
01-18-2006, 03:06 PM
| | Senior Member | | Join Date: Aug 2005 Location: St. Odo of Cluny Parish
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Originally Posted by Eileeen Thank you. | You are welcome.
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01-18-2006, 03:35 PM
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Originally Posted by Eileeen I came here for advice. I was explaining my situation. Please choose to not reply if the only way you can do so is to be rude. | Honey, you ain't seen rude!!
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The Eiffel Tower was constructed so that the French would have something very tall to wave their white flag of SURRENDER from so that the 'enemy' could see it before they actually attacked!! |
01-18-2006, 03:49 PM
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Originally Posted by JETX Honey, you ain't seen rude!! |
**A: don't get me started. |
01-18-2006, 03:50 PM
| | Junior Member | | Join Date: Jan 2006
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| | | JETX- Then you can be sure I wish no furthur comment from you. |
01-18-2006, 04:03 PM
| | Senior Member | | Join Date: May 2000 Location: Catatonic State
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Originally Posted by Eileeen JETX- Then you can be sure I wish no furthur comment from you. |
**A: so did you pay the fees yet? |
01-18-2006, 07:40 PM
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Originally Posted by Eileeen JETX- Then you can be sure I wish no furthur comment from you. | Its spelled FURTHER, you nitwit!!!
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