credit card Complaint - late payments and interest
KENTUCKY -- My mother made a very large purchase of some big ticket items from K's Merchandise. She was to get 6 months, no interest. After paying all but a small portion of the balance before the six months ended, she was charged interest of $170.00 on the entire beginning balance. This is a true rip off. I am a lawyer, and this is illegal as all get out. They are giving with hand and taking back with another. I am very interested in other complaints about this company's policies of collecting interest on amounts already paid. I have written to the company, the store where the goods were purchased, AND made a complaint to the Attorney General's office of my estate. If the states attorneys General get enough complaints, they just might do something. They certainly did with MetLife and Microsoft. No company is so big they can't be touched. Look at Worldcom, Martha Stewart and other major companies that have come under the gun recently.