GE Money Bank
Rip off

I bought a motorcycles through a dealership who financed the bike through GE MONEY BANK after four years I still owed more than half the money of the loan for six years. Due to finacial problems I contacted them about voluntary reposing the bike. They said they did not want to do that! One week or two weeks later. I was at work and a repo service came to my home. I was at work an my teenage daughter was at home. She was very upset and stating that a man was trying to get my motorcycle out of my garage as we spoke. She said she had told him that she was contacting me and that she could not let him in our garage under our home. T he man sat in his vehicle an talked on a cell phone then I called his cell and told him that GE Money had said they did not want to Repo an that was the last I had heard from them. That I was on my way home I drove 35 miles one way to find the repo man gone. I contacted Gemoney the next morning and filed a complaint but nothing was done.

So later that morning the Repo man came back and I surrendered the bike. I called GE Money Bank and they told me fair market value on the bike was 3900.00. The bike would be sold at auction and was was left would be owed by me. What i did not know was that when i signed the contract I was signing a contract to buy the motorcycle on a credit card with a very high interest rate. I was also informed by the repo man that I was the eight person that day that GE Money Bank was reposing. The account balance was 4200.00.

I called GE Money Bank back an talked to a Specialist in the litigation or repo department and asked if I would be notified of the sale and to make arrangement for the rest of the money they did not get from sale. I never received a thing until today. One year later I was served with a summons to appear in court I was being sued for 3,749.50 by GE MONEY BANK! They gave the motorcycle away at auction! No where in the contract does it state that I was buying motorcycle on a credit card account!

This people a sneaky an very under handed and like all the other complaint when you go to talk to someone its someone that does not speak english. Also watch they took it upon themselves to take money out of my account without my authorization then took more than two weeks of fighting them to get money back into my account and pay the bounced check fees.!!!

Company: GE Money Bank
Country: USA
Site: ge.com

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