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Are_grits_groceries

(17,111 posts)
Mon Jul 7, 2014, 03:26 AM Jul 2014

Please help. A consumer is getting stonewalled about a $751 charge.

<snip>
It is highly unusual for a corporation to stonewall the Haggler. But that began to happen two months ago, when the Haggler contacted a Texas-based electronics and appliance chain called Conn’s, which has more than 80 stores, mostly in the South and Southwest. He wrote on behalf of a customer named Grace Bunmi Salako Smith. She is a Nigerian immigrant with a Ph.D. in public health who lives in Dallas, where she teaches children in juvenile detention.

Last year, Ms. Smith went to a Conn’s in Dallas and bought a refrigerator and a computer, for a total of $2,587. She says that she could have bought this merchandise outright, but that she wanted to enhance her credit score so she would have better standing to make investments in real estate. So she financed it with a special offer from Conn’s, the terms of which allow her to pay no interest as long as she makes regular payments each month.

Ms. Smith says she abided by those terms, though the story becomes complicated. It’s clear that Ms. Smith made at least one late payment, as a protest because no one at Conn’s would service her then-broken refrigerator. But that late payment was explicitly forgiven by the company, as detailed in a Conn’s document that Ms. Smith scanned and forwarded to the Haggler.

In April, when she went to Conn’s to make her final payment, and close out her balance, Ms. Smith was informed that she owed $751 in interest. According to Conn’s, she had broken the terms of that zero-interest program.

So here is the question: Is Conn’s correct?
<snip>
More: http://www.nytimes.com/2014/07/06/your-money/the-haggler-how-to-pierce-a-deafening-silence-maybe-an-army-can-help.html

Please contact them in some way.
Mrs.Smith deserves to get a clear answer from them especially since she has a document forgiving the late payment. I don't know how or if that affects her original contract.

They may be right, but ignoring her is wrong and disrespectful.

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Please help. A consumer is getting stonewalled about a $751 charge. (Original Post) Are_grits_groceries Jul 2014 OP
I had a friend that had done business with Conn's up in the DFW area TexasTowelie Jul 2014 #1
Made a late payment out of a protest? yeoman6987 Jul 2014 #2

TexasTowelie

(112,252 posts)
1. I had a friend that had done business with Conn's up in the DFW area
Mon Jul 7, 2014, 03:37 AM
Jul 2014

and he told me not to do business with them because of their business practices. I think that I remember something about the AG pursuing a settlement also, but since the case is years old I don't remember the details.

Apparently Conn's doesn't care very much about their business reputation so I doubt that they will respond to any inquiries in the hope that it will all blow away and that they can take advantage of someone else. A thread like this one serves as a reminder to all that read it to take their business elsewhere so I'll count myself as fortunate for never doing business with them.

 

yeoman6987

(14,449 posts)
2. Made a late payment out of a protest?
Mon Jul 7, 2014, 06:55 AM
Jul 2014

I have never heard such a thing. Pay the bills on time always. "Forgiven late payment" may mean that she won't see it on her credit report but that the interest is added because she agreed to pay the bill on time for the zero interest. However now her credit is messed up so paying at the beginning would have been advantageous. At the very least she should have paid the interest and then fight it to save her credit report due to the desire to own a home. I can't imagine that a refrigerator is broken less than a year. More information is needed on that.

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