Guitar Centers Promotion of $0 Cash down with 0% interest through the finance company Household Retail Services is a COMPLETE RIP OFF. Heres what they do. You sign up for the promotion - They don't tell you it's 21.9% accumulating interest. They tell you it's $0 cash and a 0% interest loan for one year.

They send you billing statements throughout the year showing your balance - But no interest is displayed on the statements. If you don't pay the loan off within the year, they slam you with accumulated interest at the one year anniversary. I got nailed with $780.00 of interest charges over the one year. Of course no one tells you that you should pay the loan off within one year or you will be screwed.

I expected the interest to begin at the one year anniversary - Not pay the previous years accumulating interest - That I never knew about. THEY SUCK - GUITAR CENTER SUCKS, It is deceptive advertising, there is no notification that they are going to SCREW YOU. It should be against the law.