Dec 07, 2011 11:57 AM
10131 Views
I have an account from GE money Bank and it's the worse bank I've ever dealt with. I bought a motorcycle on 2006 from a dealer called Crazy Freddys for about $12, 500.00 and have been paying $350.00 monthly to GE money Bank. Since 2006, until now my payment keeps rising, and for 5 years I haven't seen the balance go down. I have tried to call several times to get help, since I already paid $21, 000.00 to this company and I still owe $13, 500.00. I have been more than patient with this bank, but I recently received a statement that says that it will take me 26 years to pay my debt, something that I found absurd, considering it's a motorcycle not a house.
I need help fixing this problem, I am a college student and I work full time to be responsible and do the right thing, but I can't keep paying a motorcycle for 20 years, I think six was enough for me. Someone please help, I need to figured out how to fix this problem, this type of thing should not be allowed.