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Report: #1199300

Complaint Review: GE Money/Carecredit - Nationwide

  • Submitted:
  • Updated:
  • Reported By: Susan Paradis — West Boylston Massachusetts
  • Author Not Confirmed What's this?
  • Why?
  • GE Money/Carecredit Nationwide USA

GE Money/Carecredit Carecredit (now Synchrony Bank) Signed up through my dental provider, terms weren't explained or defined to me! Tampa Florida

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I just recently heard about a class action suit that had actually already been filed and judgement entered on behalf of the plaintiffs to the sum of 33 million dollars, because Carecredit/formerly GE MoneyBank, now Carecredit/Synchrony Bank, had signed up credit card requests through third party requests(in my case my dental provider), without properly informing the credit card holder of all of the financial agreements that were expected of him/her in the future months of the credit card payments. Namely, informing me that the card was INTEREST FREE for 18 months, NEVER explaining that if the card wasn't PAID in FULL after the 18 month term that ALL of the "so called" FREE interest (actually sleeping interest) would be ADDED to the remaining balance of the card!!! I had it explained ONLY that the card would START charging interest after the 18 month term, NOT ADD all of the interest that had "somehow" been accruing that WHOLE time!! Hopefully MY NAME can be added to this suit, as there isn't ANY form of contact to Synchrony Bank other than by phone. And I am STILL paying off my card!

This report was posted on Ripoff Report on 01/04/2015 11:53 AM and is a permanent record located here: https://www.ripoffreport.com/reports/ge-moneycarecredit/nationwide/ge-moneycarecredit-carecredit-now-synchrony-bank-signed-up-through-my-dental-provider-1199300. 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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