102 views
New Reviewer
0 comments
stars-rating-full stars-rating-full stars-rating-full stars-rating-full stars-rating-full
1.0

Citifinancial in the Hammond, LA branch signed a predatory loan with my elderly mother who had already been diagnosed with dementia. My sister had met with them earlier that year to talk to them about the current loan Mom had with them.

Because my mom was on a fixed income, she could not possibly make the notes since my dad passed away that January. They lowered the rate at that time, but then signed another loan with my mom in November. They were well aware that she could not afford an increase of any type. The insurance coverage on the loan was dropped due to Mom's age.

She became increasingly distraught because of the new terms, and her blood pressure continued to rise. She passed away three months later from a stroke.

Reason of review: Predatory loan.

Monetary Loss: $98000.

Preferred solution: Let the company propose a solution.

CitiFinancial Cons: Lack of integrity.

Do You Have Something To Say ?
Write a review

Comments

chat-icon

Please avoid publishing any personal information and promotional content

You will be automatically registered on our site. Username and password will be sent to you via email.
Post Comment

CitiFinancial Reviews

  1. 52 reviews
  2. 10 reviews
  3. 3 reviews
  4. 1 review
  5. 1 review
CitiFinancial reviews