I purchased furniture totaling $1000 from Taft Furniture store in Albany, NY on a "12 month no payments no interest plan" offered by Citifinancial. I made numerous payments during the 11 months, leaving a balance of $527.97. That amount was sent out nine days before the due date of 1/12/00. According to Citifinancial, the payment wasn't received until 1/13/00. How convenient for them that my payment was received one day late and they charged me $151.51 in interest for it.
0 comments