Preferred Credit

PLEASE DO NOT SIGN A CONTRACT WITH PREFERRED CREDIT INC. This company does not explain lien holdings that may occur to your home. After you sign a contact with them, they will place a lien on your home and will not release until balance is paid in full, which can hinder you if you refinance or sell home. The Uniform Commercial Code(UCC) is not clearly explained in written agreement nor is is orally explained. Don't go into a good will contract with Preferred Credit Inc, because the terms and conditions will financially hurt you!