Woman worried about future credit after signing home over to investment company

HORRY COUNTY, SC (WMBF) - A Conway woman who signed over her home to an investment company in the hopes of selling it is now worried that decision will ruin her credit and her future forever.

Florine Singleton received a letter from a man named Bubba Roush with Kingdom Connected Investments. The individual promised to repair the home she had lived in for eight years and sell it.

In the meantime, he would rent it out so he could pay the mortgage in Singleton's name.

"He said, 'You won't have nothing to worry about; I'll take care of everything,'" Singleton said. "Is he taking care of everything? No. My mother always tell me before she died, 'If your word ain't no good, you ain't no good.'"

It was just a few months into her agreement with Roush that Singleton started to worry. During this time, she said she started getting calls from her mortgage company about missed payments.

"I've called and left messages and he didn't reply back," she said. "December, I really started thinking I really shouldn't have done this."

According to information from the Better Business Bureau, Kingdom Connected Investments received an "F" rating. Complaints against the company were also filed with the South Carolina Department of Consumer Affairs and it received a number of negative reviews.

"Any time you're getting an unsolicited phone call or letter in the mail, you want to be a little suspicious of it," said Juliana Harris, with the Department of Consumer Affairs.

Singleton said the mistake could cost her her credit.

"I should have left it alone is what I should have did," she said.

Other reviewers on the BBB's website found themselves tied up in the same situation.

"A home is pretty much the greatest investment that anyone makes in life, so it can definitely take an emotional or financial toll," Harris said. "Things like judgements and bankruptcies stay on a credit report for 10 years and that's a long-lasting effect, and sometimes that bad information doesn't fall off after it expires."

Singleton said she doesn't know where to turn now, but hopes her experience can keep others from signing away their lives' investments.

"Not everyone is as good-natured and nice as we all are," Harris said. "We all want to think the best of people, but you have to be a little suspicious and on guard, especially when fielding those unsolicited offers."

Roush said he had no comment regarding Singleton's situation, and the "F" rating and complaints about his business.

Experts also cautioned that just because a company has negative reviews and complaints, it does not necessarily mean they are bad. However, they added it is important to know how they respond to the negativity.

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