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GE Money/HH Gregg

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Category: Business & Finances

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Clearwater, Florida, United States

GE Money/HH Gregg Reviews

sgargano June 30, 2011
Deferred Interest
In sept. 2009, I went to grand opening of HH Gregg, offering great deals for the day. Seemed like more sales people than customers. I needed a refrigerator. Prices were so good, I even purchased a flat screen TV and was convinced by employee to open an HH Gregg card instantly on my purchase. I was told my purchased would be "no interest for 1 year" and I left. Well, every month, I received my statement, paid more than the minimun required and that was it. Until, one day so happens I decided to give a better look at my statement to see how much was left to payoff. To my amazement, it was much higher. I backtracked other statements, and saw that the month following the 1 year period, GE Money tacked on a "deferred interest" from the past year of $253.00. never heard the word 'deferred" prior. I Immediately called and more or less they told me too bad. I wrote a letter to dispute and again "too bad" I tried calling and sending registered mail addressing my problem, no response. My issue is, I signed the sales invoice in the store the day of purchase. No salesman told me of this interest thing. I never received a HH Gregg card along with terms and conditions. How would I know if it was never told to me. Are they doing this to everyone? Think this is a legal issue. Any ideas out there?

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