#20
Thu, July 04, 2002
I would like tell what i have learned after speaking with the authorities and reading my Sears contract with a magnifying glass: 1) The Sears contract has a fine print clause that allows for a change in the terms of the contract. I was stupid enough to have believed the salesman when he told me "not to worry, that wouldn't happen" when I asked about it. Plus, I thought that I would have the account paid off early, so didn't think more about it. 2) HRS is not lying when they said that they and Sears agreed to the increase. The Sears representative confirmed that statement. 3) What Sears and HRS USA have done is 'legal'. It isn't ethical or moral. It is not what most of us ordinary consumers would expect anyone to KNOWEINGLY do to us, becuse we wouldn't do it ourselves. Unfortunately, Businesses DO NOT have to be ethical or moral. Just legal. 4) MY SUGGESTION: Do not do business with Sears. Do not knowingly do business with HRS USA. Do not do business with other businesses that offer financing through HRS USA such as Guitar Center, Best Buy, CompUSA etc. Tell everyone you see in these establishments not to do business if it involves credit because they run the very real chance of being ripped-off like the rest of us trusting souls. NEVER believe a salesman or loan rep. Don't buy it if you cannot afford it. The sale be damned. READ THE SMALL PRINT! ALWAYS! Nobody will have any sympathy for our excuses when we say "I didn't know that!" Remember, whever we indulge in credit, we are swimming in a sea of man-eating sharks. BE CAREFUL!
cj
portsmouth,#3Consumer Suggestion
Thu, July 04, 2002
if you read your sears contract it clearly states that sears has the right at any time to sell the accounts and have the other company increase the payment. Every company has differant payment factors.