Complaint / Review
Ge Money Bank
Deferred Interest of $700 Added After No Interest Year Ended

I purchased flooring with online company, it was supposed to be no interest or payments for one year. I received statements from ge money for one year showing no payments or interest due. At the end of that period the added on 700. Dollars in interest and add it every month now. I have paid well over 1000 so far and still owe much more than I spent.

They have changed the site to say deferred interest and payments—but that's not what I read and the salesman never said a word about this. This is a major ripoff and they current interest rate is really high. This 2400. Dollars in flooring will cost 6000. Dollars before I pay for it-RIPOFF—stay away.

I mailed letter to them disputing this-they wrote back explaining how they figure the interest&dah—I already figured that out.