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Report: #243773

Complaint Review: GE Money Bank - Orlando Florida

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  • Reported By: — Santa Ana California
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  • GE Money Bank PO Box 960061 Orlando, Florida U.S.A.

GE Money Bank Predatory lending hits an new all time low Orlando Florida

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A loan shark interest rate of %26.99 applied retroactively a month before the expiration of the promotional rate resulting in a $1300.86 charge being tacked onto a balance of around $4000. Hard to believe? Well GE Money bank has broken new ground for the all time low in predatory lending. Whoever heard of a customer being charged interest retroactively after a promotional rate has expired, let alone %26.99? What will it take before we finally bring an end to out of control institutions who are raping the american consumer? If we don't stop these practices soon, American families will soon become slaves of greedy dishonest lenders for generations to come. Please help me put a stop to this!

Jerry
Santa Ana, California
U.S.A.

This report was posted on Ripoff Report on 04/12/2007 09:45 PM and is a permanent record located here: https://www.ripoffreport.com/reports/ge-money-bank/orlando-florida-32896-0061/ge-money-bank-predatory-lending-hits-an-new-all-time-low-orlando-florida-243773. 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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