No Interest loan, but charge Interest
Problem:
Broken Promises
Date of Problem:
2007-12-03 13:46:42.0
Company Name:
American TV Appliance Of Madison Inc
Has this problem been resolved yet?
No
Submitted by:
Frank Samuell
We Purchased 2 theatre seats on a special no interest loan on 6/10/2006 sale Num: 06106225344 they did it in 2 Receipts the second one being 06106225353. Sales Rep Jerry Cowlling. They did the paper work and figured up the payments per month for the free interest loan we did it step by step as they asked and led us to belief no interest period. Then they started adding some interest we called the store 3- 4 times they said it was wrong they’d correct it and refund. Well it didn’t stop and of those times and continued then last time I called it took forever they couldn’t figure it out gave me another # to call still nothing!!!!!!! Then the bill they sent on Oct said “ If we receive your balance of $287.36 before 01/01/2008 you will avoid finance charges on credit plan 790-00001.

My wife sent $143. which is about ½ the amount on first of Nov planning on sending the remainder first of Dec. but received another notice at end of Nov saying balance of $187.36 before 01/01/2008 you will avoid finance charges on credit plan 790-00001. Wouldn’t you think that would read $143.36 since $143. was already paid and we had until 01/01/2008 to pay the first amount?????

Thanks very much for your support.
Frank Samuell
 


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