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The Lending Center / Fraud and scam

1 United States
Contact information:

I was deceived and ripped off by The Lending Center on 4350 Haddonfield Rd, Suite 311. The senior loan officer was Mr. Giulio Leone.

My wife and were contacted by Mr. Leone about re-mortgaging our loan and paying off all our loans with a better rate. This turned out to be a night mare, to say the least.

At the time of the loan, I was recovering from a major operation on my neck and I was collecting disability, in a neck brace and on heavy medication. My wife was also on heavy medication due to an accident from a couple years back.

Mr. Leone promised to get us a better loan and pay off all our debt. In the loan, Mr. Leon promised to get us a mortgage with taxes included and pay off everything. It all sounded good.

After processing all the paper work, A closer was sent to our house. The closer came with two mortgages; one for our house at 8.3% for 50 years, and one for 43k at 10%. This was never discussed at any of our meetings.

When I finally woke up, and found out what we had signed, I was in total shock. I feel that because of all the circumstances, we were taken advantage of, my wife and I never would have signed the papers.

My wife and I have been deceived and taken advantage of and we totally regret ever meeting with The Lending Center in Pennsauken, NJ. Also, we are looking into our options on what we can do to stop these type of business practices by any lending institution.


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