Complaint Review: HSBC Services For Bowflex

We bought a bowflex over a year ago and have paid 40.00 a month on it on time. Well we get a call saying we are behind 2 months. My husband asked why and they said our intrest rate had been raised an now our payments are 72.00 a month. I dont think that is right. they said it was in the fine print. I never saw it neither did my husband. Only about 18.00 a month went towards paying on the balance. Our balance has only gone down maybe 75.00 to 100.00 in a year and 3 months. It pisses me off. How long as i going to have to pay for this thing. Bowflex either needs to change banks they finance through or something. I am going to end up paying 3 times as much for this thing. With taxes next year we are paying this off ans getting them out of our lives. Freaking rip off.

Sherbear
Suwanee, Georgia
U.S.A.