Umpqua Bank Review

2.3/5 - (3 votes)

This is an archive of a consumer complaint published against Umpqua Bank at DirtyScam.com-

 

Business Details –

  • Name: Umpqua Bank
  • Address: Southwest Columbia Street
  • City: Portland
  • State: OR
  • Phone: (503) 227-1262
  • Website: http://umpquabank.com
  • Reported Loss: 2767 $
  • Severity of Scam: Medium

 

Original Complaint against Umpqua Bank published at DirtyScam.com says, verbatim –

 

Umpqua Bank Endorses Private Lending PracticesWARNING: This is a serious alert to anyone that wants to borrow money but does not have credit.Do not borrow money from a private lender even if your banker advises you do so…………this is why:Christy Tenbusch my banker at Umpqua bank in 2010 advised me to borrow money from a private lender to establish a credit rating so she could grant me a conventional loan in one year.After paying on this loan for a year I was told by Umpqua Bank the payments did not count because the private lender did not report my payments to Equifax, I was trapped and have been trapped ever since.I have paid over 30K in interest alone. If I had been informed of the Equifax part and how it worked I would never have borrowed from a private lender.If this comes up in your life find out first if they report your payments to a credit bureau.Ray Davis CEO of Umpqua Bank seen here on YouTube Nov. 3, 2010 youtube.com/watch?v=yKx_…  in an interview with Jeanne Bliss gives his express permission for his employees to do dumb stuff like this.I have tried to contact Ray Davis about this but he will not reply to me personally.I have been to a lawyer and have been informed that since the big recession  “banks can now do pretty much like they want to and no longer have a legal, moral, ethical or fiduciary duty to their customers” beware of them.The afore mentioned lawyer advised me not to share this account because Umpqua Bank may sue me for slander but I told the attorney  ” the people need to know this, it could save someone else the pain I am experiencing and the truth is the truth it’s just that simple.”You have my word this account is the truth and ongoing as of Sept

 

Umpqua Bank

Visit the external source link

Leave a Reply

Your email address will not be published. Required fields are marked *