GE Money Bank
Predatory interest rates of 28 % if a payment arrives late. Ripoff Orlando Florida
- 08-11-2007
- 1
I sent in two months of payments to GE Money Bank. My mistake was forgetting to place the account number on the checks. I received a call saying I was two months overdue. I quickly discovered what had happened and sent in a large payment to cover the two months. The person calling (from India) thanked me and said he would make a note in our account. Thinking everything was good to go, I then received a statement with a $185 finance charge and saying my interest rate was over 28%. I did have the 0% for 18 months for the Lasik surgery, which is where the GE Money Bank Care Credit card came from.
Technically, they have no record of me sending a payment, though my bank shows I did since I pay over the internet. I dispute any company charging over 28%. This should be considered predatory and abusive. It should be illegal if it is not.
Company: GE Money Bank
Country: USA
State: Alabama
City: Odenville
Address: PO Box 960061
Phone: 8668937864