Complaint Review: GE CAPITAL CONS CARDCO - LOUISVILLE Kentucky
- GE CAPITAL CONS CARDCO PO BOX 9001557 LOUISVILLE, Kentucky U.S.A.
- Phone: 800-395-5111
- Web:
- Category: Financial Services
GE CAPITAL CONS CARD CO GE CAPITAL CONS CARDCO SAME AS CASH - FEES RIP-OFF / UNPROFESSIONAL BUSINESS PRACTICES LOUISVILLE Kentucky
listed on other sites?
Those sites steal
Ripoff Report's
content.
We can get those
removed for you!
Find out more here.
Ripoff Report
willing to make a
commitment to
customer satisfaction
Click here now..
Same As Cashers BEWARE! I recently ordered a sectional sofa with a very expensive but reputable furniture company and when it came to the "how to pay" part of the deal was offered the "6-months same as cash" option. Although I had the money to pay it in full I thought "why not?" I've utilized this payment option in the past with no problems.
In December 2003 I received a statement from GE Capital Cons Cardco confirming the balance with a description "Same As Cash" and a due date of 06/21/2004. Knowing that I had plenty of time to make payment on it, I placed the statement aside and thought little more of it. Well, starting in late January I noticed I was getting NUMEROUS calls (I have caller-ID) from "Unknown Caller" which is usually an indication of someone wanting to sell me something.....some calls as early as 8:00am. Well, wanting to put an end to this "Unknown Caller" bit I answered my phone this morning (Sunday 8:30am!) to be informed by GE CAPITAL that I was a payment BEHIND!!! WHAT??!!
What happened to the 6-months same as CASH???!!! Nope - a "minimum payment" is still required....oh and of course if you don't make the min payment there are late fees and finance charges on the unpaid min payment! I was not only shocked but infuriated that I clearly had been duped! This was NOTHING like the "Same As Cash" option I'd utilized in the past!
WHAT A SCAM! And I fell hook, line and sinker! Those of you buying into the Same as Cash option, BEWARE! And if it's offered through GE CAPITAL....AVOID THEM LIKE THE PLAGUE!!!! Hidden fees and harassment over a min payment of $120.00 is not only OUTRAGEOUS but extremely unprofessional!
In closing, payment for the ENTIRE BALANCE in full is on its way to GE CAPITAL along with a notice to CLOSE MY ACCOUNT and a complaint will be filed with the Better Business Bureau! Additionally I will be writing the furniture company to tell them that their affiliation with GE CAPITAL has tarnished their image with me, and that they should strongly reconsider who they use as their financier. SHAME!!
Pam
Jacksonville, Florida
U.S.A.
This report was posted on Ripoff Report on 02/08/2004 09:24 AM and is a permanent record located here: https://www.ripoffreport.com/reports/ge-capital-cons-cardco/louisville-kentucky-40290-1557/ge-capital-cons-card-co-ge-capital-cons-cardco-same-as-cash-fees-rip-off-unprofessiona-79642. 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
If you would like to see more Rip-off Reports on this company/individual, search here:




Advertisers above have met our
strict standards for business conduct.