I innocently enough got a $500 dental loan thru these "people". It sounded pretty good... interest free and paid off in about a year. But when I finally received my first bill they already had me $150 in arrears and had jacked up my interest - free dental loan to a whopping 26.99%.
I know I have paid them nearly $450, yet with late fees and everything else they can think of to tack on, my balance has grown to $472 and counting! I never received a single billing at the agreed upon advertised rate. They are litterally stealing money from me. They are not being fair and they won't back down. If they wouldn't worship the almighty dollar so much, they might actually be a service to the community. But no!
They have chosen to be just another money grubbing company hell-bent on getting bigger and bigger, at the expense of unsuspecting loan applicants like myself. Since they can't see fit to suspend the bogus late charges while this matter is being "discussed", I guess they have seen the last of my money.
I urge all others reading this to seek their dental, medical, auto loans, etc elsewhere. This company can't be trusted! I'm personally e-mailing over 40,000 of my fellow teachers in Texas of my experience. I will urge them not to ever do business with the GE Money Bank. The fees they "invent and Manufacter" in some of these accounts should be illegal! Maybe it is? Any lawyers out there?
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