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HomePersonal FinanceBanksWachovia
Opinion Summary
A bank as mediocre as others
by ryanpsims | Nov 08 '99
Pros: No per transaction fees, online banking services offered
Cons: Engages in several confusing fee policies, poor phone service, poor online banking service

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OVERALL RATING
Product Rating: 3.0



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Comments on A bank as mediocre as others" (2 total)  
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Date Written
Home Loan Problems / Phone # problems (Reply to this comment)
by badbatzmaru
I had a home loan with Wachovia since 2002. They have a company called Homeq Servicing out of Sacrmento CA, with customer service # 1-877-867-7378. BIG PROBLEM with the phone number is they don't tell you how to get a "live" person. I tried "0", "*", and #. And if you press #, they will say you have pressed an invalid key, we'll transfer you to an agent. I recommended they change this system 2 years ago, to say, if you want to speak to someone, press this key, but they never did.

Also, NEVER obtain a home loan with a prepayment penalty. I did and can't see my home until Sept 2004 when the penalty expires. I called to see if they can waive it, and they said no. I asked what if I pay a substantial amount of the principal and they said no. They said read what's in the contract. The contract only says, "if I make any FULL prepayment of the principal, i will pay 2% of the outstanding principal balance".
Apr 26 '04
10:57 am PDT

I hate Wachovia, but liked your review (Reply to this comment)
by chrisbickel
They screwed me over bigtime! Maybe I should write an epinion, huh?
Feb 18 '00
11:51 pm PST
   

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