GE Capital GE Capital Retail Bank You will be penalized for making your payment too early and not on the exact due date.... Internet, Internet

We signed up for GE capital through Rooms To Go because it was 18 months no interest charges.  Sadly we have learned this was a HUGE mistake on our part.  Our first payment was due on 12/9/11 and we made the payment (plus extra) early on 11/15/11.  Apparently, if you make the payment before the billing statement comes out, they will apply it to principal and not count it towards your payment due date.  So even though we made our $65 payment (bill was only $13 a month) on 11/15, their system showed it as our payment being late.. So late fee charged.  For the next payment due on 1/9/12, we made our payment on 12/15/11 with extra... What were we thinking?  This did not count towards our 1/9 payment and we were charged another late fee.. So now we are paying off the balance and closing the account.  Just beware, never do anything with GE Capital... Oh and here's how they are covered.. From the statement insert,


"Credits will be applied to your previous balance immediately upon receipt , but will not satisfy any required payment that may be due."