GE Capital Retail Consumer Loan Complaint

GE Capital Retail Consumer loan department,

Installment loan Problems when you are unable to pay Iowa

I was forced to borrow from Care Credit - Synchrony Bank - when I did not have dental insurance or other credit remaining, and had a - that needed expensive work to avoid -. The dentist 's office staff suggested using this option to pay for the service, and the dentist requests that you have credit or pay in cash prior to treatment. He is also the most capable dentist in the area and it is quite likely no one else could have done the procedure he did -. I did not plan to be out of work for nearly as long as I have been. - also does not cover any dental issues. Other forms of insurance are very expensive. I have found is that Care Credit uses several methods to add huge amounts to your principal and almost automatically increases your credit rate to the maximum allowed under their contract. They do not offer workable payment plans if you get behind, and their late fees are larger than the finance charge. I have previously contacted Synchrony Bank asking for a payment plan for at least one month. ( Their - request is to pay the entire past due amount, which of course includes their numerous late fees and interest charges ) As a last resort, the customer service rep accepted a payment of $35.00. She did not mention that the late fees are also $35.00.