G
Gerald Spence
US
Review
Review of DuGood Credit Union
G
Gerald Spence
US
Jun 30, 2023
I own 1 arce of land on Toledo Bend…
I own 1 arce of land on Toledo Bend lake with a nice 3 BD, 2 Bath house. It has a nice boat house, and big pier going out into the water. The property has a full drive-thru driveway with 12x33 new shop. I owe less than 100k on 375K valued property. I needed to REFI from the owner financing due to a higher interest rate. DuGood denied it twice in two yrs. without proving any reason other than my business is an LLC and have a CPA Local firm that does it. All Fed. Tax return up to date. But the underwriter at DuGood stated, if I could not prove I was actively paying Federal Taxes they would not do the REFI!! Again, since when has my local Credit union become an extension of the IRS?? Banks a few years ago weren't WEAPONIZED as they seem to be in today's environment!! It's not only DuGood FCU, it's ALL of banking!
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Date of experiance: Jun 30, 2023