CashCall Mortgage

Horrible experience with Cash Call Mortgage

Reviews: 1

1 RATING
(1)

Total views: 161

Published: 09 August 2019

Posted by: Anonymously

Do you want to land-up in court after doing repayment as well? I believe, nobody will like to have this kind of experience.
Cash call is a loan giving company, who will first be after your life to take the loan. Then once you pay the first installment, they will either increase the interest percentage else they will reduce the payment terms and only send a letter to you. They will never speak to you or call you or any type of communication. You will only receive a letter from either of the two that I mentioned.
My brother-in-law took a loan and this is what happened to him. Being a lawyer by himself he was surprised to see this letter and when he tried to contact the company, the manager is not there at all.
He fought the case in the court and it took him from more than 4 months to get it rectified lawfully.
Since he was a lawyer, he can do it but what about the others who do not even understand the language of the law.
I saw my sister and brother-in-law in complete stress for all those months, as they were unable to pay the amount in such strict timelines. The first document that was signed had all the terms and conditions clear but the letter they sent was a vague and very fishy. They have not even mentioned the date of any communication or any reference to change the terms of the repayment.
A big no to this company to take a loan else you will land up in jail which is not a good place to spend even a night.

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