- Report: #315
Report - Rebuttal - Arbitrate
Complaint Review: Fingerhut Corporation
Fingerhut CorporationSt. Cloud, Minnesota U.S.A.
Fingerhut Corporation ripoff fraud mail order company
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computed monthly on the amount still owed. Fingerhut has computed the maximum amount on a given item from the beginning.
You do not save a penny by paying off your balance early, the full term interest is attached from day one. If you have been so
unfortunate as to purchase an item on time from Fingerhut - take
your time and pay it off on the scheduled payments.
And beware that high interest payments and shipping and handling fees are the way that these kind of catalogs make their profits.
Also watch your credit report for credit limit amounts. This is the amount which the company would like to have you in debt to them.
For instance you may buy a $50 item and Fingerhut decides that you may have up to $2500 credit. This can be a problem when you are getting a credit summary to buy a house or car.
Don't let these merchandising companies use up your credit line!
This report was posted on Ripoff Report on 02/13/1999 12:00 AM and is a permanent record located here: http://www.ripoffreport.com/r/Fingerhut-Corporation/St-Cloud-Minnesota/Fingerhut-Corporation-ripoff-fraud-mail-order-company-315. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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