Fingers Furniture / 12 months no interest SCAM
I purchased a living room furniture set for about $2,000. I chose to pay off the balance off and made fixed payments. I was due to make the final payment on the 13th month (not realizing that i had to pay off the full amount of the loan before the promotional date is up) when i received my bill they charged me interest on the full amount of the loan. I only had $150 left of the remaining loan amount. NO ONE AT THE STORE explained to me that i had to pay this total loan amount for the interest to not be charged... if i knew i would have paid the $150 before the promotional period was up.
It is the responsibility of the Furniture store and of GE to explain the terms of the loan exactly so that the consumer can plan their payments accordingly. Relying on the "small print" on the original purchase agreement is not enough. Information this important should be VERBALLY explained before the consumer puts their signature on that bill and agrees to the loan. They did not do that and I feel cheated. I am ready to make another big purchase. I was planning to do it with Fingers with the GE card, but after receiving the bill, I closed the account and WILL NEVER SHOP THERE AGAIN. They may have eon the war but they surely lost the battle.