In our ‘Afterthoughts’ category we present a report from a former employee: “I worked for Beneficial Finance and the company was purchased by HFC (Household International). I know for a fact that one of my co workers, who later became a manager, was inflating values of homes so she could make a mortgage loan.
Archive for the Category »Afterthoughts «
2006 - 2008 — William F. Aldinger, 61, retired as President, Chief Executive Officer and Chairman of the Board of Directors of Capmark Financial Group Inc., a commercial real estate finance company, in December 2008, positions he had held since June 2006.
Category: Afterthoughts, General News
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I used to work for Beneficial, my branch closed Oct 2008. One of the upper level executives actually came to KY and walked into our branch with our DM. I got my severance, I got my pay. What I didn’t get and have given up now trying to get it back. I have tried for almost a year now to get my Employee stock options money back.
Category: Afterthoughts
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As a follow-on to a previous article let’s review Beneficial Finance before Household International and William F. Aldinger. Many people sent emails over the years telling us what a good company it once was. Beneficial Finance was also - at one time long ago - a fair and honest friend of the U.S. Military.
Category: Afterthoughts
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A former HSBC employee from Virginia sent this information: “I too have an HFC mortgage which I obtained while an employee of HSBC. I was quoted a payment over almost $2000, not including taxes and insurance which I knew I could not afford long term but signed as they told me I would have an in-house score and if payments were made on time would be able to refi at a lower than 9.75% rate in one year.
Category: Afterthoughts
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