Bank Statement Descriptor
HOME EQUITY SVCSFraudulent Bank Statement Charge — Predatory Home Equity Scam
$600.00
1
Predatory Home Equity Scam
Today
What is this charge?
A charge associated with predatory lending practices or a scam targeting homeowners' equity.
How much does HOME EQUITY SVCS charge?
The typical charge amount for "HOME EQUITY SVCS" is $600.00. Victims have reported similar amounts. Check your full statement history for multiple or recurring charges.
Is HOME EQUITY SVCS a scam?
Yes, "HOME EQUITY SVCS" is almost certainly fraudulent. With a threat level of 87/100, this charge has been confirmed as a scam by multiple consumer reports.
What to do if you see HOME EQUITY SVCS on your statement
- Freeze your card immediately — Contact your bank to block further unauthorized charges.
- Contact your bank — Call the number on the back of your card to initiate a dispute within 60 days.
- File an FTC report — Report at reportfraud.ftc.gov to create an official record.
Do NOT pay this charge
If you see HOME EQUITY SVCS on your statement and did not authorize it, contact your bank immediately to dispute it. Do not attempt to contact the merchant directly.
How to Dispute This Charge
- 1
Gather evidence
Take a screenshot of the charge on your statement showing "HOME EQUITY SVCS", the date, and amount. Save it as a PDF if possible.
- 2
Contact your bank immediately
Call the number on the back of your card or use your bank's app to initiate a dispute. Do this within 60 days of the charge date.
- 3
Use dispute reason: "Unauthorized charge"
State clearly that you did not authorize this charge and have no relationship with this merchant.
- 4
File a complaint with the CFPB
Submit at consumerfinance.gov/complaint — CFPB complaints are forwarded to your bank and require a formal response within 15 days.
- 5
Follow up in writing
Send a certified letter to your bank within 10 days of the phone call to create a legal paper trail. Keep the tracking number.
Frequently Asked Questions
- What is "HOME EQUITY SVCS" on my bank statement?
- A charge associated with predatory lending practices or a scam targeting homeowners' equity.
- Is "HOME EQUITY SVCS" a scam?
- Yes. "HOME EQUITY SVCS" is classified as a Predatory Home Equity Scam with a threat level of 87/100 in the TitanAlert database. It has been reported by 1 consumer and is considered high severity.
- How much does "HOME EQUITY SVCS" typically charge?
- The typical charge amount for "HOME EQUITY SVCS" is $600.00. However, amounts may vary. Always check your full statement history for multiple charges.
- How do I stop "HOME EQUITY SVCS" from charging me again?
- To stop future charges: (1) Contact your bank and request a new card number immediately, (2) Dispute all charges as unauthorized, (3) Search your email for any confirmation from this merchant and cancel any accounts, (4) File a complaint with the FTC at reportfraud.ftc.gov.
How many people have reported HOME EQUITY SVCS?
1 consumer has reported this charge in the TitanAlert database. This community data helps others identify fraudulent charges quickly.
Were you charged by HOME EQUITY SVCS?
Your report helps protect other consumers. Share your experience — amount, date, and resolution.
Related Fraudulent Descriptors
Other predatory home equity scam descriptors in our database
LoanMart
⚠️Predatory Lending / Vehicle Repossession
LoanMart is accused of predatory lending practices, including illegally repossessing vehicles and providing poor customer service.
CREDITNINJA
⚠️Unauthorized Deductions / Predatory Lending
A user reported CreditNinja making unauthorized $20 deductions from their account, totaling $140, despite a loan of $800.
MILITARY LOAN FEE
⚠️Predatory military loan fees
Fees associated with predatory loans targeting military personnel, often hidden or excessive.