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Beneficial Finance

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84 complaints

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Beneficial Finance social reviews and reports. Join community by posting your own comments or complaints.

Beneficial Finance is a member of HSBC Group that is one of the leading financial services organizations in the world. Beneficial Finance is a financial services company that specializes in mortgage refinance and debt consolidation. Beneficial Finance provides mortgage loan application processing and loan servicing. The company originates, purchases and provides a diverse range of loans such as residential loans, auto loans, college loans, equity loan mortgages, and many other kinds of loans. Beneficial Finance is one of the nation's largest mortgage lenders.

In addition, Beneficial Finance produces mortgage loans through a variety of channels on a national scale. Please try to contact Beneficial Finance Customer Service directly prior to posting any complaints on this site.

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Beneficial Finance Complaints & Reviews

Beneficial Finance Reviews

20 comba...
Beneficial Finance - Pass or present

To whom it may concern, If you was or at present an employee or unemployed loan manager. and or financial assistant and have information that may be helpful to me in my fore...

#291214
Jan 23, 2012
48

Anonymous
Beneficial Finance - Beneficial is a fraud and ripoffffff

I borrowed $9 ,000.000 from beneficial 5 years ago and my balance haven't went down yet in 5 years an I call beneficial serveral times and they still say they don't give nu...

#290266
Jan 19, 2012
69

Foxman
Beneficial Finance

This company is outrageous....i paid my loan off and it took them 10 seconds to cash my check for the payoff and now it's taking them 90 days to send me the *** deed to my pro...

#287837
Jan 10, 2012
101

Libbylee...
Beneficial Finance tacked insurances on to loans for more than 2 years

A few years ago, my mortgage payment excellerated from 1100 a month to 1600, but varied monthly, when I called them on it they stated that they had put insurance on my home because...

#286392
Jan 04, 2012
139

Woman
Beneficial Finance - Beneficial mortgage

Filed for hardship modification because of health issues only last six months and now they put it back up to the orginal mortgage payment. we wrote a letter and told them we could ...

#284793
Dec 29, 2011
189

Doris Ho...
Beneficial Finance - 2010 Insurance Claim

I have been a customer with a history of paying my bills regular for nearly eight years with this company. Over a year and half ago I processed a one time insurance claim wherein I...

#283307
Dec 22, 2011
135

Anonymous
Beneficial Finance - Beneficial all so is ripping us off

We just got a letter from Beneficial they are raising our house payments from $698.00 a month to $722.00 a month both my husband and i have loss of income due to our hours at work ...

#282812
Dec 20, 2011
173

RavenMandM
Beneficial Finance - Beneficial/HFC Fraud

In 2008, I took out a loan for $25000. A line of credit loan. Missing no payments and being on time always, I have paid $134.00 in principal. I requested they lower the interest...

#282601
Dec 19, 2011
258

Fuzzyfuzzy
Beneficial Finance - I paid off my account and they still charging me interest

Ipayed off my beneficial account and they r still charging me interest. i did a bank tranfer and knowning it takes 10 days to complete and they have the money just has not appied j...

#282367
Dec 18, 2011
163

20 comba...
Beneficial Finance - Lordy be people looks like someone in D.C is a wake

Well pep,s if u have a complaint or had a complaint do to a lose in your home or losing your home to fore-closure listen up the u.s goverment has sent me a form to fill out they ...

#282145
Dec 16, 2011
254

20 comba...
Beneficial Finance - Filed 4 fore-closure

Mortgage company files fore-closure . I file counter-suit. Mortgage petition to vacate trial. Mortgage company merges with anothere financial co re-enter,s 10 months later ...

#279563
Dec 06, 2011
203

Barkley2...
Beneficial Finance - Refuse help on modification or lower rate

Because of beneficial refusal to provide me with a modification, refinance or lower interest rates, i am losing my home.they send bogus info.for people to seek help then refuse all...

#277431
Nov 26, 2011
272

Anonymous
Beneficial Finance - Wish to use complaints has exhibits in suit

E-mail a short story of your complaint to mshgmh@yahoo.com so I may use it has exhibits in suit against my fore-closer further actions are to follow against HSBC/AKA Beneficial Fin...

#274872
Nov 14, 2011
229

20 comba...
Beneficial Finance - Fore-closer/and have filed counter-suit

Lost income after my busniss of 10 years had to close do 2 housing failure and of the borrowers be my grandmother passing away.Beneficial refuzed to help me in anyway did a...

#274605
Nov 12, 2011
230

Anonymous
Beneficial Finance - To keep our payment lower because on fixed income and the fact that I have medical bills .

We have asked them to keep our payment lower because of fixed income and I have medical bills because of no health insurance and they want to give us a hassle all the time. we have...

#272965
Nov 05, 2011
279

Anonymous
Beneficial Finance - BENEFICIAL/HSBC/HFC

We have been having a horrendous time with Beneficial/HSBC/HFC from the day we got a mortgage through them. Whenever I couldn't get a resolution by phone, I would go up to th...

#271117
Oct 27, 2011
311

Anonymous
Beneficial Finance - HFC Beneficial

I would be in on a class action lawsuit as well, and can be contacted at aolawc@gmail.com. My husband and I too were victims of refinances, and convincing staff members. Both of u...

#266149
Oct 05, 2011
833

Anonymous
Beneficial Finance - Benificial-loan fraud

I pray this company goes belly-up for all the fraud & hurt they have caused me & other people. my husband will retire next year & this home loan never went down, just up in the pas...

#265876
Oct 03, 2011
374

Anonymous
Beneficial Finance - Beneficials practices mean we owe more now years later

Beneficial owns our second mortgage..Our first is paid off. We have been paying more than the max payment for YEARS and owe not only almost as much as we began with, but because se...

#265280
Sep 30, 2011
351

Phatzo
Beneficial Finance - Beneficial Sucks....Lies and Lies

Lets start off by saying this is the worst banking company ever. I was tricked into refinancing my mortgage with them. i was assured 6 months from when I signed the papers that my ...

#264895
Sep 29, 2011
335

Bigiron
Beneficial Finance Is Predatory

Beneficial signed me up automatically for insurance on my loan should I croak or become disabled. Their agent signed me up, did not even discuss it until the final papers were to b...

#258040
Aug 26, 2011
306

Thunder22
Beneficial Finance - Beneficial all so is ripping us off

We are going through the same thing with Beneficial on our house mortgage, we are behind on our payments and are trying to get on the hardship program and they are giving us the sa...

#257308
Aug 23, 2011
443

Tickedof...
Beneficial Finance - High mortgage interest rate

My wife and I refinanced with Beneficial over 3 years ago. Beneficial told us after 6 months our interest rates and payments would be reduced. Six months came and went and now 3 ye...

#255593
Aug 15, 2011
429

Avellasher
Beneficial Finance - Took my money

Wouldnt reccomend this co. to anyone. Put them on auto pay last month-this month they helped themselves to two payments-$2200.00.Yes I was behind one pay but I didnt auyhorize them...

#249332
Jul 16, 2011
244

Anonymous
Beneficial Finance - Beneficial gone BaDD......

After continually doing my homework I have figured it out, the way Beneficial gets away with a lot of their stealing on their account is to continually change the account numbers.T...

#245296
Jun 24, 2011
435

Trayloj1
Beneficial Finance - Charged $6,974 for ins. coverage we already had

Beneficial charged us $6,974 for ins. on our home that we already had and we paid $742 for better coverag. Beneficial has done everything in their power to destroy our credit, tak...

#244553
Jun 21, 2011
281

Anonymous
Beneficial Finance - Beneficial just keeps debting money out of my account

If anyone starts a class action - I am there!They keep taking mortgage payments out of my account, every couple of weeks, and I have never authorized them. When I call,...

#235142
Apr 30, 2011
391

What a f...
Beneficial Finance - Gives you the runaround

My husband and I have a mortgage with HSBC aka HFC aka BF. They give you the runaround when you call. Their reps are extremely rude, uneducated and experts at getting you angry....

#229145
Mar 27, 2011
400

Atmnsct
Beneficial Finance - Beneficial keeps "misplacing"our escrow money

Have our mortgage with Beneficial and escrow account for payment of taxes and insurance. In Dec., they deducted our tax amount from our account twice. Neither check ever made it to...

#226844
Mar 15, 2011
383

Anonymous
Beneficial Finance - Beneficial lied, denied, and strung me along.

I applied for a hardship from HFC Beneficial. I submitted the application, and faxed my 1090 form, bank statement, harship statement, and several other forms they requested. That...

#225678
Mar 08, 2011
746
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Related Information

Loans and Mortgages
Every time there is a need to borrow money person faces an option - to go to a mortgage broker or to work with a direct lender. Many people choose to work with mortgage brokers and direct lenders alike, depending on their individual situation and needs. A mortgage is a lien on a property/house that secures a loan and is paid in installments over a set period of time. The mortgage secures a person's promise that he/she will repay the borrowed money to buy a home. A person should be ready for a financial commitment that could last several decades. Mortgages come in many different shapes and sizes, each with its own advantages and disadvantages. It is vital to make sure that the right mortgage is selected, the one that is right for a person, his/her future plans, and his/her financial situation. Each borrower may choose among the following types of mortgage: fixed-rate mortgage, adjustable-rate mortgage, balloon/reset mortgage, reverse mortgage. A loan is a type of debt. A loan predetermines the redistribution of financial funds over a certain period of time, between the borrower and the lender. At first the borrower receives a certain amount of money from the lender. The borrowed sum is usually but not always paid back in regular installments, to the lender. As a rule, the service is offered at a cost, which is called an interest on the debt. Under the terms of the loan, a borrower may be subject to certain restrictions - loan covenants. Loans are offered by all the financial institutions, like banks and financial services companies.

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