Lowes Credit Card (GE Financial) Complaint - Lowes Credit Card A Complete Scam!
IOWA, IOWA -- I would like to comment on the Lowes Credit Card that I had. They are very fraudulent with there customers. I originally had the card at 8.99% interest which wasn't to bad I however missed a payment (due to the fact they moved my due date 2 weeks sooner than expected and my interest rate was raised instantly to 31.24% When inquiring what was going on they claimed thats there policy when they receive a late payment and theres nothing that can be done. They also charge a 10.00$ processing fee when making a payment electronically over the phone which is a service that most credits do at no charge.
I would definitely advise against considering getting a Lowes credit card ..its absolutely the worst credit card company I've ever encountered they really do take unfair advantage of there consumers, and this practice of raising interest rates up to 31.24% should be illegal. Especially in these hard economic times!