GE Capital Cons Cardco
Electronic Bank Payments Mailed as Checks Cause Late Fees
- 11-14-2002
- 7
I seem to always get zapped with a late fee. I send my payment via electronic payment system. The bank sends the checks to this company and they still give me a late fee. I do not understand. The bank clears the money in 3 days. As far as I am concerned the payment is sent and it is not my fault if they decide to process the payment in a batch mail system.
This type of system allows the company to "select" which payment are credited according to payment cycles and this sometimes leads to late fees, "depending upon when the cycle ends" this is truly deceptive.
Jessie
Waterbury, Connecticut
Company: GE Capital Cons Cardco
Country: USA
State: Kentucky
City: Louisville
Address: PO Box 9001557
Phone: 8663968254