Ripoff report: The most common complaint their high interest rate loan that they don’t have a prepayment penalty, when in fact they do. When they discover this, they are really steamed, and who could blame them? The typical prepayment penalty is 6 months’ interest on 80% of the balance. (For a rough estimate, multiply the [...]
Posts tagged ‘biweekly mortgage payment’
Mortgage Rip-Off Reports: Keep From Getting Defrauded
September 10th, 2009