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  • Report:  #875702

Complaint Review: Equitable Acceptance Corporation

Equitable Acceptance Corporation Company financed purchase. No interest charged for one year. I was charged interest on the last payment and calling them has not worked. I will try again tomorrow. Minneapolis, Minnesota

  • Reported By:
    Dorothy — Sioux Falls South Dakota United States of America
  • Submitted:
    Sun, April 29, 2012
  • Updated:
    Mon, April 30, 2012
  • Equitable Acceptance Corporation
    po box 27007
    Minneapolis, Minnesota
    United States of America
  • Phone:
    7637970241
  • Category:

I bought a vacuum cleaner and Equitable Acceptance Corporation financed it for one year with no interest. I called Equitable and gave them my credit card information and told them to put $200 a month on it for payment. I checked my account on line and saw they were charging me interest and I called them  two different times and was told that the law said they had to show the interest but I would not have to pay it.  Now today I checked because my last payment was on the 25th of April and interest was charged on the last payment.  I made payments for seven months so there was no reason to charge me interest. Today I tried calling and couldn't get a real person to talk to but will try again tomorrow. This company does not work well with their customers.     

1 Updates & Rebuttals


Dorothy

Sioux Falls,
South Dakota,
United States of America

30 days

#2Author of original report

Mon, April 30, 2012

I called Equitable Acceptance Corporation today about the interest that they charged me on my credit card and was told that I have to wait 30 days to ask for a refund. I don't understand why it takes so long to get my money back.

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