Complaint Review: GE Consolidated CARDCO

I was granted credit through a Color Tile carpet outlet by GE Consolidated CARD Company of Louisville, Kentucky. I SHOULD have paid off the $5000 dollar balance in the year they gave me, but didn't. I knew I would have to begin paying after a year and I knew I would have to pay interest on the entire amount. I DID NOT know, nor was I ever told--that I would have to pay "OVERLIMIT" penalties of $29 per billing as long as the account remained overlimit!!! What an evil way to make money! SlaveTRADERS! Enslave U.S. consumers with easy consumer debt then enslave them till they have to declare bankruptcy or default in other ways--or worse--get into more debt to cover the original debt to GE!! What a RIPOFF!!! Mark San Diego, California