

1,153,799
Another "All-Time" low for humanity Caroline and people complain about nortgages approaching 5%. Payday loans average somewhere around 300% in FL but we have some States which allow as much as 700%. That's unreal and yet it's a booming billion dollar business. Always read the fine print!
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Lynn B. Friedman CRS A...
Atlanta, GA
-
Nina Hollander, Broker
Charlotte, NC
-
Katerina Gasset
Provo, UT
-
Mary Yonkers
Erie, PA
-
Lynnea Miller
Bend, OR
-
Michael Jacobs
Pasadena, CA
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Lyn Sims
Schaumburg, IL
-
Candice A. Donofrio
Fort Mohave, AZ
-
Kathleen Daniels, Prob...
San Jose, CA
4,793,052
The story line reads like a movie treatment. Scary stuff.
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Lynn B. Friedman CRS A...
Atlanta, GA
-
Gita Bantwal
Warwick, PA
-
Sandy Padula & Norm Pa...
, CA
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Debe Maxwell, CRS
Charlotte, NC
-
Mary Yonkers
Erie, PA
-
Candice A. Donofrio
Fort Mohave, AZ
3,447,866
Horrible that people would do such things ... yes, I know, all in the name of greed ... destroying people's lives and finding joy in doing so.
The fact that this is legal is mind-blowing.
People in desperate situations do desperate things.
Money is not the root of evil. People seeking power are. Money without people has no value.
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Jayne Ferguson Stanley
Orangeville, ON
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Lynn B. Friedman CRS A...
Atlanta, GA
-
Sandy Padula & Norm Pa...
, CA
-
Nina Hollander, Broker
Charlotte, NC
-
Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
-
Kathleen Daniels, Prob...
San Jose, CA
1,875,278
wow, never heard of this & it's worse then being a predator. Surprised that some States Attorney hasn't taken this up for the consumer?
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Lynn B. Friedman CRS A...
Atlanta, GA
-
Nina Hollander, Broker
Charlotte, NC
-
Debe Maxwell, CRS
Charlotte, NC
-
Lynnea Miller
Bend, OR
-
Michael Jacobs
Pasadena, CA
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Kathleen Daniels, Prob...
San Jose, CA
1,113,408
F!
F!
FFF!
I need a Xanax after reading that. Absolutely terrifying.
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Lynn B. Friedman CRS A...
Atlanta, GA
-
Kasey & John Boles
Boise, ID
-
Valeria Mola
Sunny Isles Beach, FL
-
Lynnea Miller
Bend, OR
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Michael Jacobs
Pasadena, CA
-
Ron and Alexandra Seigel
Carpinteria, CA
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Lyn Sims
Schaumburg, IL
5,559,774
WOW! Talk about GREED!
I will never sign another document without reading every word after reading that! Holy guacamole!
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Lynn B. Friedman CRS A...
Atlanta, GA
-
Sandy Padula & Norm Pa...
, CA
-
Katerina Gasset
Provo, UT
-
Anthony Kirlew
Gilbert, AZ
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Anthony Acosta - ALLAT...
Atlanta, GA
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Michael Jacobs
Pasadena, CA
1,759,137
That is scary stuff and the Congress should act to curtail this archaic license to steal.
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Dusty Rhoton CLHMS, AB...
Flagstaff, AZ
-
Nina Hollander, Broker
Charlotte, NC
-
Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
-
Candice A. Donofrio
Fort Mohave, AZ
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Kathleen Daniels, Prob...
San Jose, CA
3,083,603
Yes, but why are you upset about it? I understand that this goes against what we think interest rates should be, but, the truth is, people should be able to make whatever contracts they want to make. No one is forcing them. And if you need an advance of your pay that badly that you would choose to pay that kind of interest - that is on you. You are the one then , that should have another form of income streams, in order that this does not need to be your choice. Or perhaps, you are not good with budgeting, again, your choice, you can learn how to budget. I don't have anything against those that lend and those that borrow, totally their choice.
Where I do have a problem with is with the court system. What court systems allows judgments as the one being discussed without due process. And I also have issue with judgments. I don't think that most of them should be in the law to be able to obtain. It is the confession agreement that needs to be taken out of the law. This could never happen in Florida. But New York is different.
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Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Nina Hollander, Broker
Charlotte, NC
-
Candice A. Donofrio
Fort Mohave, AZ
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Katerina Gasset
Provo, UT
2,718,243
"New York" is all I needed to hear.
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Katerina Gasset
Provo, UT
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Valeria Mola
Sunny Isles Beach, FL
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Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Candice A. Donofrio
Fort Mohave, AZ
773,796
I have never heard of this, Caroline Gerardo . And legal!!!! This needs to be stopped.
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Sandy Padula & Norm Pa...
, CA
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Mary Yonkers
Erie, PA
-
Candice A. Donofrio
Fort Mohave, AZ
5,774,106
Caroline,
OMG, I am going to borrow a Xanax from Candice A. Donofrio ...just kidding Candice! A
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Sandy Padula & Norm Pa...
, CA
-
Nina Hollander, Broker
Charlotte, NC
-
Kasey & John Boles
Boise, ID
-
Michael Jacobs
Pasadena, CA
-
Candice A. Donofrio
Fort Mohave, AZ
6,769,034
These seem to be preying on the desperate all over.
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Sandy Padula & Norm Pa...
, CA
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Michael Jacobs
Pasadena, CA
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Bob Crane
Stevens Point, WI
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Debe Maxwell, CRS
Charlotte, NC
2,071,140
I read it.
For sure, all of us will read paper we sign more carefully from today.
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Sandy Padula & Norm Pa...
, CA
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Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
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Katerina Gasset
Provo, UT
1,546,474
Wow. Never heard of these before. Sounds like this remax franchisee had a LOT of money problems. The description of his wife just screamed "out of control spending."
50 agents and not turning a profit AND entering the mortgage business... they were inventing more ways to spend their money faster. I'm sorry, but I have no sympathy for them.
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Sandy Padula & Norm Pa...
, CA
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Michael Jacobs
Pasadena, CA
-
Candice A. Donofrio
Fort Mohave, AZ
5,390,976
This is the kind of thing that gives all of us a bad name. I prefer not to focus on these kinds of agents or give them publicity. Katerina Gasset said it right!
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Sandy Padula & Norm Pa...
, CA
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Michael Jacobs
Pasadena, CA
-
Candice A. Donofrio
Fort Mohave, AZ
158,388
That it sick and should be outlawed. Horrible job by the NY legislators. Now sure how some people sleep at night..
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Michael Jacobs
Pasadena, CA
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Debe Maxwell, CRS
Charlotte, NC
-
Nina Hollander, Broker
Charlotte, NC
809,308
That's terrifying. -K
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Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Nina Hollander, Broker
Charlotte, NC
1,598,552
I cannot believe it. And it is for real!
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Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Nina Hollander, Broker
Charlotte, NC
2,231,519
I have not, will go read now.
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Debe Maxwell, CRS
Charlotte, NC
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Michael Jacobs
Pasadena, CA
-
Anthony Acosta - ALLAT...
Atlanta, GA
183,561
People who do this are very lucky that these are no longer the wild west days. They would end up more than just being out of business themselves.
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Michael Jacobs
Pasadena, CA
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Lynn B. Friedman CRS A...
Atlanta, GA
390,544
"Before borrowers get a loan, they have to sign a statement giving up their right to defend themselves if the lender takes them to court. It’s like an arbitration agreement, except the borrower always loses."
Well theres your problem.
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Michael Jacobs
Pasadena, CA
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Lynn B. Friedman CRS A...
Atlanta, GA
225,576
Truely disgusted by this kind of dealings. Another excellent reason to read anything you sign
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Lynn B. Friedman CRS A...
Atlanta, GA
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Michael Jacobs
Pasadena, CA
5,560,933
Not really a man of violence, but would like a few minutes in a room with these guys and me with a baseball bat!
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Lynn B. Friedman CRS A...
Atlanta, GA
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Michael Jacobs
Pasadena, CA
3,417,456
They have ben banned here, but do remain on cash for titles. Limits have been placed here in NH. I do get emails for commission advance and have heard agents who fall prey to it
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Lynn B. Friedman CRS A...
Atlanta, GA
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Michael Jacobs
Pasadena, CA
921,504
How can this happen...to me?
The Duncans got caught in a web of predators who had no intent of honoring their agreement and simply pursuing their profit center of causing default.
We are all equally vulnerable. All it takes is one intercepted password or data breech from Yahoo.
Turbo charge that with NY rubber stamp processes and you have the crooks running the system. And their excuse..."I have no choice!" 'I'm just doing my job!"
Why do those excuses never work for the working person?
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Michael Jacobs
Pasadena, CA
-
Candice A. Donofrio
Fort Mohave, AZ
482,647
Wow! I've not seen this before. Thanks for sharing.
Bruce
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Michael Jacobs
Pasadena, CA
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Debe Maxwell, CRS
Charlotte, NC
1,713,581
Do a blog post.
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Michael Jacobs
Pasadena, CA
-
Nina Hollander, Broker
Charlotte, NC
1,479,441
Very sad!
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Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
8,239,755
I'll pass on this link.
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Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
1,147,843
Caroline Gerardo
Thanks for bringing this to our attention.
Don't we always ask our Clients to read the fine print? Unfortunately, these people didn't... Very sad and very abusive practices. All the best - Lynn
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Michael Jacobs
Pasadena, CA
1,314,986
I could not follow the link on my iPad. Sounds interesting. Thanks for sharing.
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Michael Jacobs
Pasadena, CA
257,119
It goes without saying that it is incomprehensible for a broker to sign that loan document with daily interest payments of $800 a day. That being said, its criminal that the state of New York allows confessions of judgment to be enforced with no due process and that banks will honor them.
The Attorney General of New York is constantly suing businesses for so-called anti-consumer actions but calls this process legal.
I am glad I live in Texas and will be extra careful before I sign any contracts with a New York based entity.
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Michael Jacobs
Pasadena, CA
1,667,338
284,033
I have no words! Never heard of this and was very shocked after reading it!
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Michael Jacobs
Pasadena, CA
5,292,354
3,986,529
I don't deal with anything that is not local and reviewable
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Michael Jacobs
Pasadena, CA
6,056,404
Thanks for sharing, had not heard of this.
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Michael Jacobs
Pasadena, CA
213,318
You know there are unscrupulous folks everywhere, and sometimes you think I will pay this back in a week...Tons of people could fall prey to this.
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Michael Jacobs
Pasadena, CA
4,434,277