"Consumer Reviews on Companies, Products and Services"

USER REVIEWS (They Tried the Bait and Switch)

Quicken Loans
Harold E January 12, 2009
In my dealings with Quicken Loans here's what I've concluded is the major problem: They do not offer to send you a Good Faith Estimate that includes the loan amount, term, rate and the closing costs <b>BEFORE</b> they ask you to provide the $500 deposit to start the loan. What appears to happen then is the old <b>bait and switch</b>. Meaning, the consumer pays the $500 then, later in the process, the consumer receives loan paperwork with loan info or closing costs different than what was originaly quoted. And... read full review »
Filled under: Business & Finances Location: United States

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