Best Buy Informative - Lying About Promotional Payment Plans
BLAINE, MINNESOTA -- July 2008: After a couple of phone calls to Best Buy and HSBC (the credit card financier), I found out today that the "NO INTEREST, MINIMUM PAYMENT" plan I signed up for 2 years ago IS NOW COSTING ME $550 MORE than the 2 Best Buy salesmen promised, when I bought a LCD-HDTV for $2900.
The Payment Plan they offered was to pay $30 a month for 2 years ($720) without missing a payment, and then pay the balance in full at the end -- NO FINANCE OR OTHER CHARGES!!
It now seems they hide a "debt cancellation charge" of $27 per month in the teeny print, where you sign at the bottom for this great deal. That's what I've been paying all this time, not paying off the original balance.
I thoroughly questioned both sales(boy)s about the financing, and was LIED TO right down the line.
My relatives and I will never darken Best Buy's doorsteps again. That's MY promise.