GE Capital Retail Bank
Deferred Interest of 26% Added After Promo Ended on Dental Work

I was charged deferred interest at the end of a promotional period. We used "care credit" to help us finance some emergency dental work. There was a promotional period in which there was very little interest charged. As we approached the end of that period, a new promotion became available and we used it for additional dental work.

I am certain that we were notified on some portion of the bill that the promotion period was ending, but what we were not made aware of (likely it was indicated in the fine print) was that we would be made to pay a deferred interest rate of 26% on every service we ever purchased through care credit. The summary is that what would have been paid off in several months, could take 3 years to pay off according to their payment plan. We had just a few hundred dollars left to pay on our bill when they added 761 dollars of deferred interest to our debt.

Company: GE Capital Retail Bank
Country: USA
State: Ohio
City: Kettering
Address: 950 Forrer Blvd

  <     >