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Report: #112695

Complaint Review: G E Capital Cons Cardco - Orlando Florida

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  • Reported By: Aurora Illinois
  • Author Not Confirmed What's this?
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  • G E Capital Cons Cardco P. O. Box 960061 Orlando, Florida U.S.A.

GE Capital Cons Cardco Ripoff They have stolen the next 5 years of my life with astronomical fees Orlando Florida

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The day we called Empire Blinds to give us an estimate is the day we now owe our lives and our childrens lives to G E Capital Cons Cardco. Total amt. owed now is 7,176.06.

Although the service was terrific from Empire the financing is the worst I've ever dealt with. One year no payment, no interest if paid before the twelve months. Sounds good?

Well, the time came & of course we were not able to pay the 6,000.00. But the suprise came when the first bill came that had the interest and amt. to pay. Not only are the payments over $220 a month but at 21.98% int., and an over the limit fee of $29.00 that is added each month until we bring down the original loan to $6,000 (money loaned), the amount going on the bill is only $57. They reserve the right to put my payment wherever they choose even if I were to pay more than the minimum pmt. Until I get down to $6,000, (which I did not know that they were going to charge the fee)they are going to continue charging me the over the limit fee. At this point I will owe this co. until I'm in my 80's. Rip-off is the mild action verb I will use. What an awful way to make your money, they should be ashamed of themselves.

James
Aurora, Illinois
U.S.A.

This report was posted on Ripoff Report on 10/12/2004 11:09 PM and is a permanent record located here: https://www.ripoffreport.com/reports/g-e-capital-cons-cardco/orlando-florida-32896-0061/ge-capital-cons-cardco-ripoff-they-have-stolen-the-next-5-years-of-my-life-with-astronomic-112695. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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