Nautilus/Retail Services Payment and interest rip-off Carol Stream Illinois

Purchased a boxflex step climber in Jan 2007. Was told payments would be $29.00 a month. After 13 months of $29.00 payments the payments went to $52.00, $53.00, $51.00 and $49.00 which the latter being where they are now.

Even at the begining the balance was more after the payment was made. I have never ever paid for something with such out rageous interest charges. I realize that some are very high on credit card items but this is terrible.

After over 2 years of making payments that total $892.00 the balance is only down $182.49. I believe I am a victim of interest fraud.

Also another note in over the 2 years payments have always been on time except for one time which I paid a $39.00 penalty and double payment the next month.

Roger
SCIO, Ohio
U.S.A.