ED Magedson – Founder
GE Capital Retail Bank credit cardNationwide USA
GE Capital Retail Bank credit card DO NOT USE!!! Nationwide
Used credit card to finance $1638 purchases. 12 months same as cash without interest. Mailed payment 6 days ago to pay in full. Called today. Due date is 16th for minimum payment. Only received credit card statement on the 8/7, and payment in full mailed 8/9. Told today by representative that company itself takes 7-10 days to process ament and I would be assessed $25 late fee if payment not recorded. They appear to deliberately set up consumer for late fees. Representative said that to avoid late fee should have paid on line. They hold up payment for 7-10 days to process and charge CONSUMER late fee. Since this is 12 months same as cash deal, consumer would have to be told to pay on line or could very potentially have late fee every month if mailed in. DO NOT USE THIS COMPANY
This report was posted on Ripoff Report on 08/16/2014 09:31 AM and is a permanent record located here: http://www.ripoffreport.com/reports/ge-capital-retail-bank-credit-card/nationwide/ge-capital-retail-bank-credit-card-do-not-use-nationwide-1170160. 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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