Posted by Christine on August 17, 2004 at 20:14:19:
I received a phone call like the rest of you and spoke to a very nice lady named Lateisha…I was searching for a mortgage company that includes downpayment and closing costs in their loans. I was told that Money Solutions helps people with bad or no credit obtain a loan to purchase a home. The cost up front was $375.00 with $300.00 being refunded upon closing. The $75.00 was a processing fee and non refundable. Has anyone else had any other kind of experience with this webbsite other than bad experiences?
Posted by Jahrahnimo on July 03, 2004 at 09:07:06:
Is anyone familiar with using the services at www.moneysolutions.com ?? The guys want $575 dollars up front for the first deal, but offer 300-500 back at the closing of that first deal. Is this legit, or are these guys con artists? They sound like like they offer alot; finance almost any deal if you have good credit (my score is 783), and guarantee closing in 3 weeks, etc. Plz help!
ALERT!ALERT!ALERT!PLEASE BEWARE OF THIS COMPANY. I WAS CONTACTED BY THEM, AND WAS ASKED FOR A CREDIT CARD TO PROCESS AN APPLICATION. MY ONLY INTEREST WERE TO OBTAIN FORECLOSURE INFO. HOWEVER, MY CREDIT CARD WAS IMMEDIATELY CHARGED $375.00, BEFORE I RECEIVED ANY REAL DETAILED INFORMATION. ALSO, THE FEE IS NOT REFUNDABLE, AND YOU ARE NOT ALLOWED TO CANCEL AT ANY TIME AND RECEIVE A REFUND.
I tried to cancel my membership, because she did tell me I had 3 days to change my mind legally. Then she had her supervisor call me and he offered to lower the cost to $187. I still didn’t
They come up short big time - I did not send my money - but every time I called to really find out about the company - they could not tell me any “meat & potatoes” type of info…Subpar group !
Posted by Jahrahnimo on July 03, 2004 at 17:40:04:
Thanks for the response. I knew it sounded strange to PAY money to someone when I really NEED money from them. Also to note, moneysolutions.com opened a new website called www.financialhomenetwork.com supposedly because the moneysolutions.com site was “overloaded”. My guess now is that their first website was shut down due to complaints, so they’re doing business under a new name. Thanks for your help.
With a credit score of 700+ you can buy owner-occupied or investment property with very little money down.
100% loan on an owner-occupied property. $Zero Down.
95-100% loans on investment properties. $0 to 5% Down.
NEVER PAY ANY LENDER OR BROKER ANY MONEY UP FRONT EXCEPT…For a credit report at $45.00 max. and the cost for the appraisal, only after you receive a commitment letter.
The website is no longer online as of today. Making a search of the registrant and administrative contact, it shows someone in Canada with a bogus phone number. I’d beware for sure.
Thanks guys for the heads up about this company. I was contacted by them as well because I was seeking foreclosure information as well but I did not give them any credit card info because I like to see some literature, paper info with the compny name, address, something on it and they just told me that I could go to the internet sight for any information that I needed. I was suspicious about that because if they were a legitimate company, why not send me some written information on it?? Thanks again for sharing your negative experience and preventing others from experiencing the same.
Posted by Highpowerdad on July 17, 2004 at 20:05:00:
Yes, you are right; they won’t voluntarily give you a refund. You must contact your credit card company and have them to do a chargeback. Be sure to tell them that the charge was not authorized and/or no goods or services were delivered. These guys got me too, with lots of fast talking and bogus promises. My bank did the chargeback with no trouble at all.
Another Alert, Alert, Alert, please be aware, they may charge your account for unauthorized charges. I have already contacted my credit card company. Please be aware.
Posted by Steve Garrity on August 16, 2004 at 19:03:07:
I got caught with my pants down, got a call on the phone and talked into giving my card # he said it was to see if I even qulify. This month there was a $575.00 charge on my card I should have known.
is this the same company as money solutionsusa.com or financial home network 6010b six forks rd. raleigh north carolina 27609zip if so please e-mail me.18888001003ph their phone number.please respond thanks