Dell Financial Services
DFS ripoff, 60 days same as cash scam

After purchasing two systems in Jul and financing through Dell Financial Services with a 60 day same as cash option, I decided to build some credit and make payments.

After approximately a year (now to Aug) I decided it was time to pay off. After sending a check to DFS for $1600.00, I continued to receive statements with a $0.00 current charge.

I then received three billing statements from them with a $0.00 current charge and $0.00 current due. However, my statement from last month indicated a charge of $215.00.

After being routed 3 different times earlier and being on the phone for an hour before actually getting down to business, I find that my interest rate is 26.00% and that I'm getting boned $50.00 for paying off the loan early. So even after paying the loan off (supposedly) I've been getting charged. The 60.00 monthly payments made barely paid the interest.

I never saw anything about this on their disclosures on-line. If it was there it was either missed in the real fine print or on another link. If I had know that I would have paid the damn thing off beforehand. So much for building credit.

Anyway, the moral of the story is don't finance anything through DFS, it's a rip-off.

Company: Dell Financial Services
Country: USA
State: Illinois
City: Carol Stream
Address: PO Box 5292
Phone: 8775773355

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