HSBC Watch News Release Forum Index
Forum Name: - Horror Stories
Topic Title: BowFlex ads deceiving and deceptive
Mon Mar 28, 2005 3:57 am
NJ in Florida wrote:
A couple of years ago, I too fell for the "low montly payment" for a bowflex. Ever since then i have been struggling to pay off the $2000 price for my regrettable actions of calling for a bowflex. I always paid above and beyond the recommended montly payment in hopes of paying off the amount quicker. To my surprise, almost half of my payments were eaten up by interest. Due to this, I'm sure I've paid much more than the initial $2000. This year of 2005 I was finally able to pay off the last $984.17. It was a sacrifice to have to give up that amount all at once, but I was determined to get rid of this "plague". I hate this experience and I will never again fall for the so called "low monthly payments" from any finance company. What a nightmare of an experience.
Nautilus Responds to Icon Health & Fitness, Inc.'s Press Release Jan 15, 2005
The Company currently markets its Bowflex and TreadClimber home fitness equipment and Nautilus Sleep Systems through its direct-marketing channel, using an effective combination of television commercials, infomercials, response mailings, the Internet, and inbound/outbound call centers. The Company sells its Nautilus, Schwinn and StairMaster commercial fitness equipment through its sales force and selected dealers to health clubs, government agencies, hotels, corporate fitness centers, colleges, etc.
Mon Mar 28, 2005 4:02 am
To better focus on its core brands, Nautilus exited the sleep system business in 2005. Nautilus was formerly called Direct Focus.
We monitor customer trends for possible violations of Regulation Z and other possible illegal actions.