Just last week, my wife and I received a letter stating that G.E. Money Bank is going to cancel our account, which we've had since last June and haven't charged anything since that time and have paid them ON TIME since then.
They claim that it's because of a mark on our credit report, which is probably the mortgage, which is 60 day past due but we are in negotiations with the lender, have been in touch with them since the beginning and now with this action of Credit Care cancelling us, the other credit companies will become vultures to do the same causing our credit score to plummet to perhaps zero if they have their way.
They are scum, vermin and whatever title you wish to bestow upon them and we are currently gathing people's names who wish to join a class action suit against them for mis-using and abusing universal default to defile and humiliate card holders that do pay on time and get punished severly for doing so.
It's crazy, but we have also isssued a press release on this date, April 13, 2009 and we've also contacted U.S. Representatives and U.S. Senators that sat down with these same vermin last year and discussed the abolishment of universal default.
Please see the link below to the press release and the link below that to our blog, where, if you or someone you know may sign up and be part of the class action lawsuit.
The blog is below:
Thank you folks, hope all things are well with you otherwise and together we will make a difference whether Washington does their job or not. We can take care of them later.
You are invited to call us at any time regarding your experiences wih G.E. Money Bank and their credit card services.
West Haven, Connecticut
U.S.A. CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report.