Not resolved
3 comments

First, Wilshire Credit Corp refinanced my 82-year-old grandmother's home for a price she clearly could not afford on her fixed social security income. Then they started to foreclose her property because she couldn't afford it.

They let us (the family) work with them to resolve this, but right when we colleceted the big chunk of money they asked for to stop the forecolsure (well before the deadline by the way), the loan officer stopped contacting us and wouldn't reply to our calls, faxes or e-mails. Everybody at the company would direct us to the loan guy.

After a couple of weeks of this, Grandma received a foreclosure letter and eviction notice with a lawyer's name on it. We contact Mr Lawyer. Turns out the loan officer didn't work there anymore, dropped the ball and screwed my grandmother out of her home. Neither the loan officer nor any other rep at Wilshire bothered to tell us that the loan officer was leaving. Furthermore, Wilshire was not willing to work with us anymore despite their Massive error and resulting situation.

They wont' take our calls anymore - giving us the runaround. They didn't care that they messed up and are proceeding with the eviction. That is beyond wrong. Too bad we can't afford a lawyer.

Review about: Wilshire Credit Loan.

Monetary Loss: $160.

Had an Experience with Wilshire Credit?

Write a review

Comments

Terms of Service
Post Comment
Cancel
Anonymous
#518968

There has to be away of suing these people, they should not be able to get away with this.Not with the world being in such a mess as it it.

Did you know they are the loan sharks for Bank of America and Merryl Lynch.

Makes you think twice how they can be such a finacial wiz and screw people that trust them with their money to be able to do this to there clients.Can we get a lawsuit going!!!!!

Anonymous
#29401

If you have a problem with them, call them at 503-223-5600 (the local number) and ask to speak someone that way. Good luck, feel sorry for you. Would NOT recommend them ever!

crazyanna
Newcastle, New Brunswick, Canada #26238

Your grandmother didn't refi with Wilshire, they aren't a bank. She was a victim of the broker who got her the loan, but in anycase I have found that "officers" leave without notice all the time. Nobody calls to advise you of that, paperwork is lost all the time, the reps are trained to tell you it's in review,it may not even be there, they take forever to approve a payment plan,and waiting to speak to the "officer" is a full time job in itself..

You May Also Like

Quicken Loans is a grand rip-off Quicken Loans "The first thing is the upfront $500, which they tell you will be taken out of your bank account down the road, towards the end of the loan process, but..." Read more Naca - Review in Loans and Mortgages category  from Norcross, Georgia Naca "Everything everyone is saying is true, but it depends on your preparation as well. Listen, your CREDIT SCORE/REPORT will be pulled and it does matter 100%. Reason being is because..." Read more Lending Club - LENDINGCLUB is Predatory, Overrated and Misleading Lending Club "Before we begin with my complaint... HEY LENDING CLUB and the rest of you financial criminals... There is a NEW Sheriff in Town and regardless of your political party, President Obama has..." Read more Kondaur Capital - Working with foreclosures isn't easy. Kondaur Capital "Kondaur has been a long time client of mine and out of many servicers I've worked with, they have usually been the most professional. They handle all of the expenses..." Read more Brighter Image Lab - Misused photos & go fund me account Brighter Image Lab "Back in 2015, I was searching for option cheaper than having all my teeth removed and getting an upper denture. I sent in a phone and a testimonial to these..." Read more CCC Information Services - Bad Customer Service CCC Information Services "I have been using CCC for 20 years, in the beginning they were a great company but as they became bigger and bigger that's when things changed for the worse...." Read more Phoenix Life - Whole life policy was set for 10 years, 27 years and still have to pay premiums! Phoenix Life "In Sept 1990 myself and spouse both started whole life policies (#116...) that were projected to be self sufficient in 10 years. Projections kept getting moved back ... with the..." Read more CHOPRETAIL Chopretail "WENT TO WALMART.COM AND MY ORDER WAS SENT TO CHOPRETAIL. THEY SENT ME OLD STALE PRODUCT. THE LABLE ON IT ITEM WAS SO DISCOLORED IT HAVE TO BE AT LEAST..." Read more