Complaint Review: Lowe's Home Improvement
Do not, for any reason, open a Lowe's credit card. I had a big job to do and opened one and they gave me $5K which was just what I needed. They also offered to delay payments which was great. What I didn't realize is that the interest rate was 24.99%, so when I made a $150 payment, $100 of that was interest. When I called corporate to complain, they said that since Home Depot charged this much, they could too. I guess they never heard just because you CAN do it, doesn't mean you SHOULD do it. To me this rate is unconscienable, except Lowes and GE Capital Bank have no conscience. Stay away from these rip off artists.
This report was posted on Ripoff Report on 12/23/2014 08:40 AM and is a permanent record located here: http://www.ripoffreport.com/reports/lowes-home-improvement/-/lowes-home-improvement-do-not-get-a-lowes-credit-card-for-a-big-job-clearwater-florida-1197244. 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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