1 /5 Donna N: Not a fan of this lender as a company.
I used them to finance some furniture for 0% for 12 months. Not their fault but I wasnt told that they were paperless up front. So, right away I start getting spam email with offers, ads and other nonsense I dont want. I go online and opt-out of anything not account related. Well, I still get spammed with their junk but havent gotten a single account update. I called multiple times and nobody can seem to resolve that.
So, I start thinking I probably should make sure my payments have been applied correctly. I look online to see their are interest charges and an interest rate showing. I called and they tell me that this is just how they show it and as long as I pay in the alloted time that the interest wont be charged. Im skeptical on that since they cant get their email right.
I am debating just paying off the loan or continuing to use their money for free until the end of the no interest period but either way, never again.
I think the way they do business is misleading and has a high chance of taking advantage of people especially if they are not used to doing things online.
Edit to comment on the response from this company. Everyone knows that nobody reads all that load stuff or very few and I dont know another lender that operates like this and I have taken advantage of 0% financing on many purchases over the years. So, while you can state that everything is in the contract and know you are legally covered that does not make you a good lender.
