PC Richard/GE Money Interest Free Scam
Bought appliances at PC Richards, paying off through my account with them, through GE Money.Paid monthly.
When attempting to pay the full amount in order to avoid the interest, was informed on the phone that the bill was incorrect and I owed $50 less than the bill was stating. I asked the woman to take the full amount and refund later if this was the case. She refused, repeatedly, and only would take what she said was due. I told her, then, I'm not paying anything else, and I better not get charged any interest.
Next bill said I owed $50.
plus the year's interest. I called PC Richard and explained, and said even though I was furious this happened, I'd pay the $50 I did owe, but they insisted I owed the interest. I told them they'd get $50 or nothing. After repeatedly harassing me by phone, they've reported me to all the credit bureaus.
They lost a very good customer for $50.Beware of this tactic.