H.H. Gregg offers free financing for 24 months. If, however, a person is late or misses a payment, 29.99% of the original purchase price is immediately added to the amount being financed. If one were to purchase a $1,000 TV and was late with the final payment, they would find they now owed an additional $300. I wrote to the company and pointed out that the majority of those who might miss or be late with a payment would be those who could least afford additional debt. They gave the lame reply that they would pass this concern on to the financial institution providing the financing. I replied that HHGregg was responsible, not the finance company. I purchased my tv from another company and would not even look at the Gregg ads.
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