Forensic Loan Audit

Contract vs Lender Financing Discrepancy Analyzer

Inspired by consumer disputes involving promotional home improvement loans (e.g. 0% "no payment" promises vs actual lender monthly billing and retro deferred interest).

1. Contractor Negotiated Offer

Oral / Quote Agreement

Loan / Job Amount ($)

Promised Promotional Duration (Months)

Contractor promised: No Payments Required during promo

High-Yield Savings APY (%) for parked payoff

PROMISED CASH STRATEGY:

Keep $12,500 invested in HYSA, accruing interest until month 18, then pay off entire lump sum with zero interest and zero fees.

Projected HYSA Interest Earned: $843.75

2. Actual Lender Statement / Billing

Lender Note / Statement

Actual Lender Promo Term (Months)

Actual Required Monthly Payment ($)

Standard / Retroactive APR (%) if promo fails

Accumulated Disputed Late Fees ($)

UNPLANNED OBLIGATION TRAP:

Immediate Monthly Cash Drag: $320.00

Potential Deferred Interest (1 yr): $3,373.75

3. Forensic Discrepancy & Legal Risk Summary

High - Deferred Interest & Billing Mismatch

Discrepancy Status: Discrepancy Detected

Unplanned Monthly Obligation: $320.00

Promised HYSA Benefit at Risk: $843.75

Estimated Disputed Late Fees: $150.00

Estimated Legal Litigation Cost: $30,000.00

Estimated Legal Exposure Ratio: 2.4x Loan Value

Litigation Net Feasibility: Negative ROI (Costs > Claim)

RECOMMENDED ACTION:

Freeze payments, compile chat screenshots, demand contractor mediation under signed agreement

4. Dispute Evidence Locker & Escalation Tracker

Courts and arbitration boards require verifiable contemporaneous proof. Check off each item you have secured:

Signed Contractor Proposal: Explicitly states "18 Months 0% Interest, No Payments Due"

Lender Online Chat Logs: Support agent reassuring "Ignore bill, you are on no-payment plan"

Billing & Late Fee Statements: Showing conflicting 12-month schedule and $150 penalties

Formal Written Demand Letter: Issued jointly to Contractor & Lender referencing Truth in Lending Act

CFPB / State AG Complaint: Formal consumer financial bureau complaint docket number

Public Review Escalation: Public warning posted on Google/BBB (prompted lender fee refund in case study)