GEMONEYBANK

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Category: Business & Finances

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United States

GEMONEYBANK Reviews

Captain B June 29, 2011
creditcard scams
This has happened to each of 7 accounts I have with GE Money Bank:
They offer special financing for store accounts such as Sleepy's, LensCrafters, Ethan Allen, etc. On each of my accounts, Ethan Allen the last, they sent the credit card and the first bill to the correct address then they dropped a portion of the address for the next bill so it never got to me. This would have made me late had I not been attentive to my finances which would have incurred a late fee and negated the special financing boosting the interest rate to over 25 %. On my last account the sent my credit card and first bill to a different address so I never got them. They also do not give the required 3 weeks to pay a bill from the time it is sent. They also charge a fee for telephone payments.
Charles Racine February 28, 2011
Illegal Finance Charges
I have a credit card account with WalMart that was converted from a Montgomery Ward account when they (Montgomery Ward) went out of business in 2001. In March of 2009 I moved from one city to another and notified all of my creditors (inluding WalMart) of my new address and account information. Everyone (except WalMart) changed my account information. Since I pay all of my bills on-line I continued to pay Walmart on-line at their company website (although I did not receive any additional billing statements). In September of 2010 I received a letter from GEMONEYBANK stating that they did not have a viable E-Mail address and were therefore going to start sending my billing statements via snail mail. This caused me to take a second look at my WalMart account whereby I found that they had increased my interest rate twice in the presceding year without notifying me (a clear violation of the credit reform act of 2009). After numerous mailings and phone calls (without result) I eventually filed a complaint with the OTS (Office of Thrift Supervision). They eventually (after being late and stating that they had sent it to me) sent me an ambiguous form letter defending GEMONEYBANK and stating that they would lower my current interest rate (they did not) and close my acount (which I did not want). It appears that the OTS did nothing more than send my letter to GEMONEYBANK and then endorse GEMONEYNANKS response without any review of the supporting information (or a clearer look at the current law as it was written). I know I am only a small account holder - but aren't they (the OTS) supposed to uphold the law?

I have a substantial amount of documentation (including letters fron GEMONEYBANK) that indicate they did not follow the law as it was rewritten in 2009).

Why is it so hard to get our Federal Government and these large corporations to do what they are supposed to do?
wench May 25, 2010
FRAUD PROCESSING
I SENT A 25.00 PAYMENT IN 14 DAYS AGO, IT WAS PROCESSED AS A 75.00 CHARGE AND COMMITTED FRAUD TO MY CHECKING ACCT CAUSING, 5 OVERDRAFTS, 2 RETURNED CHECKS.
AFTER ALL THE RUN AROUND ALSO TELECHECK HAS A 7-10 DAY HOLD, DENIAL, MY BANK IS GOING AFTER GE MONEY.
MY OVERDRAFT FEES MOUNTER TO 180.00 I THOUGHT EVERYTHING WAS RESOLVED AFTER I SPOKE TO THE CALL CENTER SUPERVISOR, MALLORY..WHAT A LIE...SHE ASSURED ME ALL THE FEES WOULD BE REFUNDED..

THE IMAGE ON THEIR MACHINE, NOT TO MY BANK, SHOW'S 25.00..IT WAS THEIR ERROR AND I HAVE TO EAT THE CHARGES!!!

I'VE SUBMITTED TO LETTER OF COMPLAINT TO THE LOCAL BBB, ...THIS IS A FIASCO..THIS WAS AN ACCT WITH HH GREGG..
NO MORE, , YESTERDAY I CLOSED MY ACCT..

PENNEYS, WORLD MARKET, THE GAP, BANANA REPUBLIC AND I THINK HOME DEPOT ALSO USES GE MONEY BANK, QVC--NO MORE..I WROTE TO THE COO MIKE ALBIN..GOOGLE HIS NAME AND SHE WHAT YOU SEE, , ..THERE MUST BE SOME WAY THEY CAN BE PUT OUT OF BUSINESS..NO MORE DIFFERENT CC CARDS..IF THE BUSINESS'S HAVE GE MONEY, NO THANKS!

I'LL LET YOU KNOW WHAT THE OUTCOME IS WITH MY BANK.
GE MONEY BANK ARE LIARS, THEY WILL TELL YOU THINGS TO PASSIFY YOU-NO WAY..
SAVE YOURSELF GRIEF, , DONT DO BUSINESS WITH THEM.., MY ACCT WITH HH GREGG IS CLOSED..I DONT NEED THEM..BEST BUY HAS HSBC..
I REFUSE TO BUY ANY GE LITE BULBS..

KARMA WILL VISIT THEM ONE DAY.
dummy91 December 29, 2008
untold finance charges
WOW $152.91 in monthly charges, are you crazy??
Had this all been explained to me I NEVER would have made this purchase!!! Once again fool the customer because all you care about is making money. Saw this company at a minor league baseball game, now I am talking to them about not letting this group into the stadium this year.
August 13, 2008
UNKNOWN PURCHASE
CAPITOL ANESTHESIOLOGY FROM AUSTIN TEXAS
NEVER BEEN THERE AND FIND A CHARGE ON MY STATEMENT REF#8534812JXLEF31ZQG

MY ACCT # WITH GEMONEYBANK IS 6019180333667406

PLEASE E-MAIL ME ON THIS MATTER THANK YOU
May 29, 2008
WORSY CO EVER
THIS CO IS A COMPLETE RIP-OFF DOES NOT SEND STATEMENTS TILL PAST DUE TO COLLECT LATE FEES AND FRAUD THE CUST

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