- Report: #535269
Complaint Review: Care Credit GE Money Bank - Roswell Georgia
Reported By:
Sherie -
Lewisville, Texas, United States of America
Submitted:
Updated:
-
Author Not Confirmed
Why?
Care Credit GE Money Bank
Roswell, 30077-0039 Georgia, United States of America
Phone:
866-846-6991
Web:
www.carecredit.com
Categories:
Business Rating:
(0)
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Care Credit GE Money Bank SCAM $5000, 2 yr's later still owe $3600, Promotion ended. ALL deferred interest added back on acc't Roswell, Georgia
Innicial up front payment of $200 to defer interest for 2 yr's. When balance could not be pd. off in 2 yr's, all deferred interest added back on acc't bringing a balance of 2,000 back to $3600. With current Interest accruing daily, acc't will never get paid off, even though the required Monthly payments have always been met on time..
2 Updates & Rebuttals
Susan
This City,Illinois,
USA
So..
#2Consumer Comment
Mon, December 07, 2009
So you didn't understand no interest for two years and now think this is someone elses fault?
What you should have done from the start is take your balance, divide it by 24 months, then pay that per month plus $5 or $10
IF you had paid $208.34 a month for the 2 intrest free years, the $5000 loan would be paid off.
Cory
San Antonio,Texas,
U.S.A.
No Scam, Didn't Follow The Terms
#3Consumer Comment
Mon, December 07, 2009
You paid them $200 upfront, for them to give you a $5000 "loan" interest free for 2 years. ALL YOU had to do was pay them appox $209 per month, for 24 months and you would have been done with it. Instead, you paid them a total of $3000 or $125 per month. Since you didn't pay the total OFF, they stuck you with all the accured interested ON THE WHOLE loan. You knew it upfront, that's what the $200 was for. Sad part is, probably 70% of those loans DON'T get paid off.
