Complaint / review / scam report

Complaint / review text:
Last Feb we went to a NACA dream event in SF. We went hoping to get a loan modification, instead we ended up with a repayment plan agreement.

They wanted $1000 along with loan docs after we signed, and would be put on a 6 mo. Trial plan of $2417. Mo. After looking at the docs, it showed after 6 months a payment being owed of $55,367.

We called NACA, they said the money was going to be added to the back of the loan. BofA said it is a balloon payment that will become due but after 6 months they might negotiate putting us into a permanent mod. I dont know who to believe and Im worried after 6 mo. They will foreclose on us.

HELP! Anyone else been through this?

Contact information:
Author: Contact with Author

Offender: Naca

   State: Virginia   City: Locust Dale
Address: 3607 Washington Street
Phone: 1888302

Category: Business & Finance


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