GE Capital Cons Cardco
Wedding Rings Now Owe $2,624.32 on $1,400 Purchase After Fees
- 06-05-2002
- 17
In 1998, I purchased wedding rings from a jeweler using GE Capital Cons Card co. Jeweler is Lundstrom Jewelers. The rings cost 1,400. Four years later, I now owe 2,624.32. I have paid for the rings four times over. I figure the combined percentage rate must be about 400 percent. I assigned the creditor to a nonprofit credit management service. They still charge 24.75 percent interest. I cannot seem to get a response from them. I can never get the payment on time and thus charged the late fee. Since now the amount due is way over, I am constantly charged overlimit fees. Is this really fair? Why would a company want to treat consumers this way? Ray Hampton, Virginia
Company: GE Capital Cons Cardco
Country: USA
State: Kentucky
City: Louisville
Address: PO Box 9001557
Phone: 8863968254