- Report: #776180
Report - Rebuttal - Arbitrate
Complaint Review: Robbins Brothers
Robbins Brothers14080 Dallas Pkwy dallas, Texas United States of America
Robbins Brothers Interest Rate will Prevent U from paying off ring!!!!!!!!!!!!!!!!! dallas, Texas
*Consumer Comment: IF they TRULY didn't include the fact that the interest was from day one in your contract
*Consumer Comment: Read it again.
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My balance was $4,000 at the end of the stament then got hit with the 24% interest rate. They dont mention the interest rate will occur from the minute you buy the ring. So my balance jumped up to $4,960. U must realize the interest rate is monthly so, if you are able to pay $500 on the ring that month the balance will go down to $4,460. Oh ya now lets do the interest.. The interest will be $1,070 so u add that to the balance which is now $6,030. So u basically just payed $500 in interest.. Do not buy from them unless u are able to pay the balance off in 1 year. So now i get to pull the money out of my 401k so i dont pay over a grand a month in interest... Robbins brothers is the DEVIL!!!!!!!!!!!!!!!
This report was posted on Ripoff Report on 09/13/2011 09:50 AM and is a permanent record located here: http://www.ripoffreport.com/r/Robbins-Brothers/dallas-Texas-/Robbins-Brothers-Interest-Rate-will-Prevent-U-from-paying-off-ring-dalla-776180. 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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