I purchased a water treatment system for my home. I originally told the salesman (Eddie), I really couldnt afford to add a payment on each month nor do I want to pay any ridiculous amount of interest, due to just buying a house. He got on the phone, spoke to his manager so he says and than says. What if I say you wont need to make any payments for a year? That would be great, but I still dont want the interest. He than got on the phone again and came back and said he spoke to his boss and we would only be paying for the system with no interest. WOW! I than asked him so what would the payments be like and how long would it take to pay it off." Like 1 something a month and probably 3-4 years". So in the end the deal was: $5995 at 1 something a month with no interest and no payments for the first year.
Hooray! Who could pass that up?
Boy do I wish I had. The first 6 months were fine. Bill came in no payments no interest. Water Equipment Technologies Inc. Of Florida was suppose to send us a check for the next 6 months, but ssshh, Tim Varvel said I am not suppose to tell the finance company that. It took them over a month to get us that check. Than we notice that there was interest being tacked on. WE HAVE BEEN DECEIVED.
Come to find out, it is a revolving account and if we were to pay our monthly payments every month it would take us 10 years to pay it off and the total amount we would have paid would be over $14,000. That is INSANE! I can get a brand new car and have it paid off in less time. I would love for them to come and get there unit, soaps, detergent and get rid of my new credit line. Or honor the deal that their salesman pitched.
P.S. Look it up, apparently we are not the only ones that have had a shady salesman.
Adrian
Sanford, Florida
U.S.A.
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