Crossland Credit Consulting Corp. out of Flordia and its co-defendants allegedly operated deceptive mortgage refinancing, credit repair, and loan modification schemes.
According to the FTC complaint, they falsely promised to use proceeds from mortgage refinances to promptly pay off consumers’ original loans, but often pocketed the money instead. They misrepresented that they would repair consumers’ credit records by removing truthful negative items from their credit reports so they could obtain mortgage loans, and charged advance fees for those services in violation of both the CROA and the TSR.
They also falsely claimed that they would modify consumers’ mortgages to obtain substantially lower interest rates and monthly payments. The court immediately barred the practices and froze the defendants’ assets pending a hearing.
The Commission vote to authorize staff to file the complaint was 4-0. The complaint was filed in the U.S. District Court for the Southern District of Florida. At the FTC’s request, the court ordered a halt to the unlawful operations, pending resolution of the case.
{ 4 comments… read them below or add one }
I gave this company a lot of money to clear my credit and pay my debtors off, and now i find out that no one was paid and my score has not changed. I have been at this since Feb 2009 and still don’t have anything resolved. How do I go about getting my money back . I have called and called to no avil , no one will return my calls., . What can I do . Please help. I need my money back . thank you.
how i fine out about crossland credit lawsuit
Hi Daniel sorry to hear the news that you two are a victim of this company. I was just went online to try and find out a web site or phone number to contact this company and come to find out they are frauds and took me for money as well. I`am lost any information you can send me in regards to crossland credit i will appreciate it thank you Sam
hi there for all that have been scamed by cross land my deepest sympothy. i to have been scamed by crossland they took 8,000 from me and my husband . we had lost all h0pe until 3/10/2010 when the federal trade commision contacted me about there investigation into crossland. i have all beliefs that these immoral being will be prosecuted to the fullest extent. if you want to help with the prosecution contact FTC at 1-877-382-4357 and file a complaint this will help in their investigation