My husband and I applied for a loan asking for $4500.00, by the time we walked out we were talked into a $7000 durring the process we were offered certain insurances to protect our selves incase of loss of employment, death or dismembermentfor a few extra dollar’s a month. Trying to protect our selves we agreed. 45 days later we applied for a refinance on our home and was told due to a loan for over $10,000 was placed on our credit from One Main Financial we were no longer eligable for the refinance. When I called and questioned the company I was told therewas $3,000 applied for the Iinsurance. This has ruined any of oyr chances for a refinance on our home. First is this truly legal and is there any action that can be taken against them for deceptive practices? HELP! !
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