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GE Money Bank Complaints - Unfair Credit Practices

Review all GE Money Bank complaints

GE Money Bank

Posted: 2009-03-05 by   Kathryn Taylor
Unfair Credit Practices
Complaint Rating:  100 % with 4 votes
Company information:
Dillards
Arizona
United States

GE Money Bank lowered my credit limit from $250 twice with an ending limit of $100 with no justification other than they reserve the right to do so at anytime. I've never been late and most of the time I have a 0 balance due to paying off the department store credit card. The unfair practice is the fact that they lower the limit and the letters came two weeks later. So when I went to use the card I was mortified because the sales rep. loudly stated " got another card this one has been denied. They charged me an over the limit fee right after decreasing my limit, but before informing me of the change.
Comments United States Credit Cards
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Sort by: Date | Rating
 233 days ago by   j disiere 0 Votes
GE money bank. you send me a letter informing me that I now have to pay my Mervyns account on line, I have been trying for over an Hour and a half. Lets do something about this Its disgusting.

j disiere
 233 days ago by   j disiere 0 Votes
Get it together on how I can pay my Mervyns bill. 2 hours now I have been trying.
 229 days ago by   suz 0 Votes
I paid my Mervyns bill and because I paid it 2 days before their "magical" billing period date for the next month they put it on the previous month. I didn't want it to be late. Now it says this moth is late and default with late charges. I called the company and after 7 tries to talk to a real person was told they could not reverse the late charges because my payment was put in for the previous month. No where online does it state when the billing period is starting and ending. Their billing practices are ridiculous and I can see why Mervyns has gone out of business.
 209 days ago by   rayrainieri 0 Votes
I COSIGNED FOR A LOAN. PRIMARY CARD HOLDER NEVER MADE A PAYMENT. I WAS FORCED TO PAY COLLECTION AGENCY THAT BOUGHT THE ACCOUNT. I AM TRYING TO GET BANK STATEMENTS AS PROOF
IN LAWSUIT I AM GOING TO PERSUE. G.E. BANK REFUSES TO PROVIDE STATEMENTS. THEY SAY THEY SOLD
THE ACCOUNT AND NO LONGER HAVE TO PROVIDE INFORMATION. COLLECTION AGENCY(ARROW FINANCIAL)
SENDS ME TO G.E. TO GET STATEMENTS. THEY SAY THEY DON'T HAVE INFORMATION. THEY ALSO ARE RELUCTANT TO HELP. I HEARD THAT G.E.MONEY BANK MUST PROVIDE ME THE STATEMENTS AND ANY OTHER INFORMATION THEY HAVE CONCERNING ME.(Data Protection Act 1998 Subject Access Request) IS THIS CORRECT.
ANY HELP YOU CAN OFFER WILL BE APPRECIATED. I WANT TO SUE PRIMARY CARD HODER FOR BREACH OF CONTRACT.

RAYRAINIERI
 207 days ago by   slh 0 Votes
I have always paid my Paypal Buyer Credit account with GE Money Bank online and faithfully on time for years. Suddenly, 2 months ago, they sent me an email stating that my payment was rejected by my bank due to insufficient funds. I contacted my bank and not only were there sufficient funds but there had been no attempt by Paypal credit to deduct my payment as authorized. I contacted Paypal credit and after an hour of the runaround and verification of my bank account number, was instructed to send a copy of my bank statement showing that on the date payment was made, there were sufficient funds. I did so and the returned check fee was credited back to my account. Thinking that the problem was resolved, I again made an online payment. And again they rejected my payment and charged a returned payment fee and added a late payment fee. So once again, I sent copies of my bank account statement showing that there were (and still are) sufficient funds to cover the payment. So far, this had not been resolved. Yesterday, I received a letter notifying me that my account was being closed due to the high number of returned checks. I did not send any checks and the so-called returned payments are due to errors on their part, not mine.
 169 days ago by   K. Jackson 0 Votes
They also raise your annual rate to 30% as well as they change your due date so you can be late and you have to pay late fees. Oh and they report your tardiness with no fail monthly killing your credit score. This is unfair to the consumer that a company has the authority to do what they want!!!

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