topic Re: Homcomings in General Credit Topics

Homecomings

Anonymous — Fri, 08 Jun 2007 16:20:41 GMT

Dear Customer,

Please accept our apology for the delay in our response.

In response to your inquiry, credit is reported every month and is for the month prior, meaning the credit reported in June will be for the May payment. It can take the credit bureaus 30-45 days to reflect the reporting on their end.

The Fair Credit Reporting Act and California Civil code 1785.25 prohibits Homecomings Financial from reporting inaccurate information to a credit reporting agency.

For your protection, we have removed your name, account number, address and phone number from your original inquiry. If you have any further questions, please contact us through our Web site at www.homecomings.com or call Customer Care at 1-800-206-2901.

Customer Care
Loan Servicing

My response:

You are way behind on your reporting. Like I stated the Last reported 3/30 with the 2/15 balance. So you ARE NOT REPORTING ACCURATE

THANK YOU-

Message Edited by Timothy on 06-08-2007 09:20 AM

Re: Homcomings

Tuscani — Fri, 08 Jun 2007 04:04:05 GMT

Actually, the whole point of the FCRA it to make sure they report accurately.

Re: Homcomings

Anonymous — Thu, 30 Aug 2007 04:37:21 GMT

UPDATE-

Homecomings has removed ALL lates from all 3 Credit reports.

If I can get them to get the account out of dispute by the 7th I can get my HELOC.

Re: Homcomings

Tuscani — Thu, 30 Aug 2007 12:26:48 GMT

Super!

Re: Homcomings

sl — Fri, 31 Aug 2007 22:43:57 GMT

Keep us posted.

Re: Homcomings

Anonymous — Fri, 31 Aug 2007 23:42:33 GMT

Let me know about Homecomings... They are reporting me with an inaccurate balance on my report. I called Homecomings today.. A super nice lady verified that they are sending things correctly to the reporting agencies. I need to dispute this amount. Homecomings is reporting my balance is 95,100.. And my limit is $94,500. I actually owe 94,100. Someone must have made a 1 K typo..

I still like Homecomings. They were there as a lender when everybody else slammed a door in my face. Whenever I call for something the people there are super nice.. If I use the grace period they aren't on the phone calling me 5 times a day. I hope maybe someday I can get out of a sub prime loan with them and can get them to do a prime loan for me. But my credit score has been froze for the last 45 days because of this 1 K typo on my credit report. It was going up at a rate of 10 points a month before Homecomings is showing up over the limit... At least my score hasn't dropped..

Message Edited by Pants on 08-31-2007 07:42 PM

Re: Homcomings

Anonymous — Sat, 01 Sep 2007 02:22:38 GMT

@Anonymous wrote:
Let me know about Homecomings... They are reporting me with an inaccurate balance on my report. I called Homecomings today.. A super nice lady verified that they are sending things correctly to the reporting agencies. I need to dispute this amount. Homecomings is reporting my balance is 95,100.. And my limit is $94,500. I actually owe 94,100. Someone must have made a 1 K typo..

I still like Homecomings. They were there as a lender when everybody else slammed a door in my face. Whenever I call for something the people there are super nice.. If I use the grace period they aren't on the phone calling me 5 times a day. I hope maybe someday I can get out of a sub prime loan with them and can get them to do a prime loan for me. But my credit score has been froze for the last 45 days because of this 1 K typo on my credit report. It was going up at a rate of 10 points a month before Homecomings is showing up over the limit... At least my score hasn't dropped..

Message Edited by Pants on 08-31-2007 07:42 PM

When they changed account numbers a few months ago (added a 7 to the front) my balance and payment amount started reporting wrong. I E-mailed and they gave me the old delayed.

July 1st they started reporting every month at the beginning of the month. I disputed to EXP, they opened a dispute with EX and TU and sent new updated with NO LATES to EX and EQ but the account did not change out of dispute when they were done.

I called all three CRA's and disputed the dispute status as they were all updated. TU asked if i wanted to dispute the lates and I said sure, well now the lates are off TU now.

I sent a nice email to homecomings to please expedite the release of the dispute as my CR's were updated,

Re: Homcomings

Anonymous — Thu, 24 Jan 2008 04:18:15 GMT

Hi Timothy,

My hubby has a 30 day late on his CR from Homecomings and it was because back when they changed their billing and things over last year, their phone system was down for about 2-3 days. I couldn't make the payment over the phone because the message kept telling me that I was going to have to call back at another time.

I just sent a GW letter to them today and I am HOPING that they take it off. It wasn't our fault. Obviously our fault that we were late but we always pay before the 30 days! It sounds like you have had good luck with them. Do you have any advice???

Re: Homcomings

Anonymous — Thu, 24 Jan 2008 11:53:30 GMT

Is your balance being reported correctly?

(hint, hint)

If you send a GW, call them or dispute- they WILL set all 3 cra's to dispute status- and investigate-

My lates were PRIOR to the billing/account number change over-

danikasmom wrote:

Hi Timothy,

My hubby has a 30 day late on his CR from Homecomings and it was because back when they changed their billing and things over last year, their phone system was down for about 2-3 days. I couldn't make the payment over the phone because the message kept telling me that I was going to have to call back at another time.

I just sent a GW letter to them today and I am HOPING that they take it off. It wasn't our fault. Obviously our fault that we were late but we always pay before the 30 days! It sounds like you have had good luck with them. Do you have any advice???

Re: Homecomings

CreditDrama85 — Thu, 24 Jan 2008 15:44:08 GMT

is HOMECOMINGS a subprime lender? my friend had a mortgage with homecomings and she did not have the best rate or terms?

Re: Homecomings

Anonymous — Thu, 24 Jan 2008 18:10:09 GMT

DW and I have mortgages with them. They are one of the sub-prime gang, but they have been fair with us.

Re: Homecomings

Anonymous — Fri, 25 Jan 2008 03:15:46 GMT

Homecomings is considered an A- lender.

I am at 6.25 30 year fixed.

Re: Homecomings

Anonymous — Fri, 25 Jan 2008 14:06:26 GMT

Yes, we have a great rate with them. We originally had 6.5 but then got 5.5 on an arm because we didn't think we were going to stay in our house long. That's why we want to refi, because it will be up in about 2 years and we want to combine our 1st and 2nd.

I am just praying that they accept my GW and don't slam us with anything else, (I am sure we don't have any other lates) but after reading Timothy's other post, I hope they don't say I am disputing it. I don't quite understand how everything works just yet.