Wednesday, February 01, 2006

Ameriquest Mtg. customers due refund

According to a newspaper article last week, Arizona customers of Ameriquest Mortgage who took out loans with the company from 1999 to 2005 may be eligible for compensation to receive more than $600 each.

This results from a consumer protection legal action against Ameriquest alleging that the company engaged in several deceptive loan practices during the period in question that cost their customers additional money.

They are using company records to contact consumers who might be eligible to participate in the settlement. If you think you might be entitled to part of the settlement or you have recently done business with Ameriquest , you can contact the Arizona Attorney General's Office in Phoenix to check. Ask about the Ameriquest settlement.

Ameriquest is instituting new lending policies as part of the settlement.

Richard

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Richard