Eastern Savings Bank Reviews
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kim
May 15, 2009
predatory lending
I was not told about all the changes in my loan until I got to the title company and found out that my interest is 12.99%. It has now been 2 yrs and I am facing foreclosure. I was returned 2 payments before I was told about my account being sent to the lawyers 2 months prior. They will not help me now. I was given this percent and payment with them knowing it was more than I could afford.
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Lana
January 15, 2009
Fraudulent practices
Eastern Savings Bank fsb is a predatory lender who charged me over 13% on a home loan. I made these draconian payments until I had a health problem .They drew up a forbearance agreement after I threatened them with bankruptcy .. I did that because they would not talk with me to try to work things out.
Instead of helping me they added an additional payment of $100, 000 per year. I kept up with this until I transferred jobs and had to wait for some checks to get to me. But I never missed a mortgage payment during that time In August of 07 I was given until the end of the month to come up with $50, 000. Not only did I do it I also offered 2 months more in advance. The VP said No We've decided we want your house.
I have fought them for along time because I believe this is fraud. They are unresponsive to me, lawyers and mitigation companies. There is so much more that must be uncovered about this bank.
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