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Archive for the Category »Interest Free Issues «

CT in California said: “Purchased a refrigerator about one year ago with the differed interest plan and made monthly payments. Somehow on my July 08 invoice, I missed an alert that said: ‘To avoid deferred finance charges, pay your promotion payoff of $ by xx/xx/…’

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A.L. in Kansas said: “In feburary of last year, i bought a wedding ring at helzberg diamonds for my girlfriend. It was on a one year interest free payment plan. this feb the offer was ending. i received my bill the end of january, with a due date of feb 16th. On the 6th of february (10 days prior) i sent three money orders, along with my statement. the money orders totalled my payoff amount. i recieved a statement with charges of in excess of $800.00.

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DM in VIrginia said: “I paid off my Best Buy promotion balance before the date on my Nov 07 statement (the one that says, “pay by this date or you will have to pay full interest”). Now I am getting harassed, saying that I didn’t pay it off by the required date and now owe like $250 in interest payments.

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KO in Texas said: “I opened an account with Lumber Liquidators (under HSBC) in August 2007 with a promo rate through Feb 2008. In January 2008, my statement showed full payment was due by Feb 7 or I would owe an additional $800 of deferred finance charges.

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KS in Montana said: “I was told at Herbergers I could buy a $100 item with no interest for 4 months. In 6 weeks I received a notice that I was “late”..I figured the computer had screwed up…but sent in my $100 anyway…didn’t want a hassle. They said I owed “interest”…How? It was an interest free purchase…anyway they have been hounding me, threatening me and now I owe almost $300 in “interest”. My God, I am ready to call a lawyer as this is just plain stupid. I will never pay this “bill”. Never.”

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