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ASC

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42 complaints

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America's Servicing Company (ASC) is a financial company. The company is affiliated with Wells Fargo Mortgages. It provides numerous services and products such as mortgages, auto loans, personal loans, short term loans, etc. The company's target customers are those who have poor credit records.

Specializing in subprime financing, America's Servicing Company is often criticized for using predatory practices to profit on the backs of the people with bad credit records.

In 2007 the company has to settle a class action suit filed in order to stop fraudulent, dubious and untrustworthy business performance. Now ASC is to pay off the restitutions and penalties. Please try to contact ASC Customer Service directly prior to posting any complaints on this site.

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ASC Reviews

Tinkerjinx
ASC refusing to allow me to act on my dead father's behalf

My father died unexpectedly in August; I am his sole surviving blood relative and the executor of his estate. As soon as I found out which agency was servicing the loan for the pr...

#264046
Sep 25, 2011
564

Kathp
ASC steals homes for what they assume is profit!

Since April 2008 I have been attempting to obtain a loan modification, after sufering some extreme hardships including job losses. The first three times after months (up to 4) of ...

#215530
Jan 09, 2011
161

Rudy Ram...
ASC - I would like to be part of the Class Action Lawsuit

In a nutshell, we fell behind, the bank (asc) said we will work with you, so we made payment arrangements; I took money from my 401k to fix the issue. Once the last payment was ma...

#213565
Dec 28, 2010
266

Farkas
ASC SCAMERS

Same as everyone that has posted so far we have a modify and a 1 1/2 years later they say no you don't qualify for modification and owe us ALL the money know!they don't own your lo...

#205181
Nov 01, 2010
168

Anonymous
ASC is SCUM

Please. my friends! Kam and the Philly *** speak of that of which they nothing. I was totally scammed by this company that hired them to bully you, misinform, and denigrate.

#185925
Jun 15, 2010
257

Ladyrich...
ASC....I can only pray for them.

I think ASC is using the current economy as a crutch to hang their current mortgage holders. Some how this company has no will to help anyone that really needs help. I will admit t...

#168608
Jan 22, 2010
353

Marcosar
ASC

ASC is one of worse mortgage comp I ever deal with I have a variable loan and every 6 months is more and more, try to modify my loan 2 times, and thy answer is that i have more pay...

#167673
Jan 13, 2010
316

Anonymous
ASC - Two options only...short sale or transfer ownership of home to Wells Fargo

I was turned down for a mortgage loan modification after waiting three months. The only two options that were given to me were short sale or transfer ownership of my home to Wells...

#158074
Sep 27, 2009
781

Deehall1...
ASC denined me a modification.

I have been a loyal customer to ASC for over ten years, always paid my morgage on time since I've purchase this home. My wife and I starts to have problems making the payments bec...

#157285
Sep 16, 2009
427

Anonymous
ASC needs to stop scamming people out of money and there homes

Well let me tell you people out there about asc. they suck out loud. we have tried several times to get a modification, and gets denied because of finances, well if we had the fina...

#155631
Aug 21, 2009
321

Fockasc
Any lawyers out there to HELP us fight ASC?

I have been dealing with ASC since last summer when they added my taxes onto my payment against my consent when I was 6 months late on the taxes. Then a few months later the econo...

#149469
Jun 02, 2009
455

Pissy21
My mortgage loan was transferred to ASC and it all went down hill fomm there....

I wanted to let everyone know that if you go through contacting the head of the horse WELLS FARGO. Then you can get in contact with the *** of the horse ASC. The number for asc is ...

#146873
Mar 28, 2009
421

Wingwrit...
ASC - Couldn't be bothered to call!

My spouse inadvertantly missed a payment in OCT '07. For the next year we made all payments on time. I recently started paying our bills online and when I called ASC to get billing...

#145160
Feb 10, 2009
354

Anonymous
ASC - How can we create a win/win?

It has been very tough to talk and create a win/win with this company...I think they rather foreclosure on a house then work with consumers that need their help in not lettin...

#141661
Nov 12, 2008
470

Anonymous
ASC are frauds/and don't care about their consumers

I feel like the rest of the consumers when it comes to ASC. I am a pissed off consumer who has been going through a loan modification with this company since November of 2007, it i...

#141325
Nov 03, 2008
367

Anonymous
The best word to describe ASC is GARBAGE!!!

They have the WORST customer service staff and upper management is useless and lazy. I spoke to someone in the corporate office regarding my complaints, they just pass the buck unt...

#140322
Oct 21, 2008
304

Sarah75
ASC

I to have had the same problems as stated below. We have been with ASC for 4 years and this last year they said we were behind in our escrow payment. We could either take an increa...

#137916
Oct 03, 2008
628

Anonymous
Another Unhappy ASC Customer

I have a mortgage with ASC and have been trying to get approval for a Short Sale since April 2008 due to divorce and reduced income. They have been playing games...misplacing paper...

#137543
Sep 30, 2008
318

Jahlove
ASC IS A COLD HEARTED COMPANY!

I set up a prepayment plan after waiting 2 months for ASC to admit to having my paperwork to modify my loan. I was already unable to refinance because my X ruined my credit and my ...

#135795
Sep 17, 2008
316

Finch
Hate to tell you, but your pointing the finger at the wrong companies (ASC)

ASC didnt necessarily *** over, your original loan company is... ASC is a servicing company...which is owned by Wells Fargo Home Mortgage, ASC's employees work in the sam...

#129779
Jul 31, 2008
577

Psyche
ASC - Loan servicing process

After reading these and other complaints on related websites, I can say that none of you understand the commitment you made when you borrowed the money to purchase your home. you a...

#129577
Jul 30, 2008
591

Feldkamp
ASC - Why do we refuse to remember what made us great

"If a nation expects to be ignorant and free, it expects what never was and never will be." "If the American people ever allow private banks to control ...

#128778
Jul 24, 2008
331

Kehrhard
ASC Monthly Mortgage Payment

I stumbled open this website and read through a few complaints about mailing checks to ASC that they never received. Me and my husband have had our loan for 3 years with ASC. One t...

#127020
Jul 10, 2008
3709

Anonymous
ASC is the *** of the mortgage world !

For all intent and purposes it is important to understand that these companies could care less about the consumer. I hope the FBI shows up at their front door and throws a few doz...

#125610
Jun 28, 2008
415

Vanna
ASC - Dear Exaggeraters

I realize that ASC has done a lot to make homeowners think that they caused them to fall behind and lose their homes. However you have to put blame where blame is due. Some of you ...

#123959
Jun 12, 2008
361

Anonymous
ASC - Held payment until pass due date

I have learned if you do not send your mortgage payment by priority and delivery confirmation to ASC, your pay will turn up late and you will be charged a late charge. I was mailin...

#123687
Jun 10, 2008
173

Cms52
ASC...horrible!!!

OMG....we are also with ASC and like the others here, we were mislead and have been hit with foreclosure. We called hundreds of times, with no avail.....never was told the same thi...

#119703
May 03, 2008
423

Ciao
ASC problems!

I am entering my 5th month in a fixed modification loan with ASC thru Wells Fargo. I have made my first three payments on time and to this day, they still have not applied my payme...

#119248
Apr 28, 2008
319

Anonymous
ASC - Loss Mitigation is a joke !

I have been with america's scammers company since 2005.As a result of their help in loan modifications we had to file bankrupcy.Now here i am again try to modify my loan ...

#118547
Apr 21, 2008
453

ASCfighter
Looking for people for Class Action Suit against ASC

I am also a customer (not a lawyer) of America's Servicing Center (aka ASC) and have been reading on numerous message boards about the same situations over and over with custom...

#118167
Apr 16, 2008
708
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Related Information

Loans and Mortgages
Every time there is a need to borrow money person faces an option - to go to a mortgage broker or to work with a direct lender. Many people choose to work with mortgage brokers and direct lenders alike, depending on their individual situation and needs. A mortgage is a lien on a property/house that secures a loan and is paid in installments over a set period of time. The mortgage secures a person's promise that he/she will repay the borrowed money to buy a home. A person should be ready for a financial commitment that could last several decades. Mortgages come in many different shapes and sizes, each with its own advantages and disadvantages. It is vital to make sure that the right mortgage is selected, the one that is right for a person, his/her future plans, and his/her financial situation. Each borrower may choose among the following types of mortgage: fixed-rate mortgage, adjustable-rate mortgage, balloon/reset mortgage, reverse mortgage. A loan is a type of debt. A loan predetermines the redistribution of financial funds over a certain period of time, between the borrower and the lender. At first the borrower receives a certain amount of money from the lender. The borrowed sum is usually but not always paid back in regular installments, to the lender. As a rule, the service is offered at a cost, which is called an interest on the debt. Under the terms of the loan, a borrower may be subject to certain restrictions - loan covenants. Loans are offered by all the financial institutions, like banks and financial services companies.

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