Specialized Loan Servicing - SLS always pulls my mortgage payment early
Since we started paying SLS they have pulled all our payments early. The entry in our checking account on line will say the first of the month, but the funds pull is always 1 day early and 2-3 days early depending on weekends and holidays.
Our other mortgage holders, BOA and Ocwen (Countrywide and GMAC before they went belly up) have never done this. Is anyone else having this happen to them?
I've sent an inquiry and will see what they say. I have no problem going to Consumer Protection or HUD or any banking regulator I can find or my representatives.
Reason of review: Pulling ACH loan payment early every month when other loans and mortgages we have are pulled on time..
Preferred solution: Don't pull my money from my account until the 1st of the month..
Specialized Loan Servicing Cons: Early ach pull.
Location: Dallas, Texas
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Comments
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I have not had this, but I refuse to allow someone to pull money from my bank. The reason for this is if there is a dispute they cannot keep on pulling money.
Instead I push the money out from my bank. I go to my banks website and tell them what day to transfer the money to all of my financial institutions (mortgage, credit cards, car loans, student loans, etc.). I feel this is a much safer way of paying someone.
The fewer people that have their hand in my bank the better.