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Ge Capital Cons Cardco Compliment - Nothing but Praise - Consumer Credit Card
Consumer Credit Card - Compliment
INDIANAPOLIS, INDIANA -- I keep seeing complaints from consumers about this credit card company. Now, I have had a card with this company for several years, and several people I know (family and friends) also have a card with this company. I have had ZERO problems with this company, and have heard no complaints from family and friends.
I see complaints about payments being posted late:
Mail your payment in early if you have this happen more than once. If the check has not cleared your bank in time, then call GE Capital Cons Cardco. My checks are usually clear within 7-10 days.
I see complaints about only being able to send checks, or a "once a year" phone payment:
You, the consumer, chose to purchase an item with this company as the lender. They didn't initiate the transaction - you did. Even if we are in the "technological age", it is code-named the "expensive age". The company makes more money if they only accept payments via one method. (McDonald's sells Coke products and not Pepsi products... Same type of issue - the company chooses what they have and do not have).
I see a complaint about a late fee...
OK - If you read the terms of this card, and for promotional purchases, you see that the "Same as Cash" is with minimum monthly payments and if the balance is paid for before the allotted date.
Remember, different wording means different terms.
"No Interest and No Payments" is different from "Same as Cash" which is different from "Zero percent financing" Be sure to read the fine print.
I have nothing but praise for GE Capital Cons Cardco. They offer fantastic special financing offers, several times per year. To date, I have paid this company ZERO dollars in interest fees, and ZERO dollars in late fees. I may not be the ideal consumer for a financing company such as GE Capital Cons Cardco, because they aren't making much money off of me, but they still offer these great deals.
Thank you for reading - and I hope I help at least one person.
I see complaints about payments being posted late:
Mail your payment in early if you have this happen more than once. If the check has not cleared your bank in time, then call GE Capital Cons Cardco. My checks are usually clear within 7-10 days.
I see complaints about only being able to send checks, or a "once a year" phone payment:
You, the consumer, chose to purchase an item with this company as the lender. They didn't initiate the transaction - you did. Even if we are in the "technological age", it is code-named the "expensive age". The company makes more money if they only accept payments via one method. (McDonald's sells Coke products and not Pepsi products... Same type of issue - the company chooses what they have and do not have).
I see a complaint about a late fee...
OK - If you read the terms of this card, and for promotional purchases, you see that the "Same as Cash" is with minimum monthly payments and if the balance is paid for before the allotted date.
Remember, different wording means different terms.
"No Interest and No Payments" is different from "Same as Cash" which is different from "Zero percent financing" Be sure to read the fine print.
I have nothing but praise for GE Capital Cons Cardco. They offer fantastic special financing offers, several times per year. To date, I have paid this company ZERO dollars in interest fees, and ZERO dollars in late fees. I may not be the ideal consumer for a financing company such as GE Capital Cons Cardco, because they aren't making much money off of me, but they still offer these great deals.
Thank you for reading - and I hope I help at least one person.
Comments:
Posted by cminar on 2004-09-20:
I just had to offer my opinion after reading the review "Nothing but Praise for GE Cardco. First, I have had two occasions where my check has cleared my bank ahead of the deadline and they have charged me a late fee! Also, after trying to call company and being on hold for half and hour with no reply, I gave up; that's why I'm online trying to resolve this problem.
Secondly, I don't know about you, but I didn't "negotiate" this contract. I needed to finance and this was the only option I was given through my doctor's office. I have not been at all pleased with the service from this company.
Secondly, I don't know about you, but I didn't "negotiate" this contract. I needed to finance and this was the only option I was given through my doctor's office. I have not been at all pleased with the service from this company.
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