A loan shark interest rate of &. 99 applied retroactively a month before the expiration of the promotional rate resulting in a $1300.86 charge being tacked onto a balance of around $4000. Hard to believe? Well GE Money bank has broken new ground for the all time low in predatory lending. Whoever heard of a customer being charged interest retroactively after a promotional rate has expired, let alone &. 99? What will it take before we finally bring an end to out of control institutions who are raping the american consumer? If we don't stop these practices soon, American families will soon become slaves of greedy dishonest lenders for generations to come. Please help me put a stop to this!
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