- Report: #873938
Report - Rebuttal - Arbitrate
Complaint Review: GE Money Bank/Capital
GE Money Bank/CapitalInternet United States of America
GE Money Bank/Capital lack of disclosure, lowering monthly payments to ensure collect interest Internet, Internet
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I have bought many things on 0% financing for a period of time and the amount of money to pay the month stayed the same (evidently they were not trying to make sure they made money and cared more about the customer). These other places have also indicated what amount needs to be paid by what date to avoid interest. When talked to the company they stated to read their Fair credit report on the website. Very deceptive practice. want to warn people to watch their balances and monthly payments so they do not get stuck with a huge bill they thought they had paid down on and are stuck paying interest for the promotional period as they did not pay the amount in full. Let's not give these guys any more money than they deserve
This report was posted on Ripoff Report on 04/25/2012 07:11 PM and is a permanent record located here: http://www.ripoffreport.com/r/GE-Money-BankCapital/internet/GE-Money-BankCapital-lack-of-disclosure-lowering-monthly-payments-to-ensure-collect-int-873938. 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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