General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsPlease help. A consumer is getting stonewalled about a $751 charge.
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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 Conns, 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 Conns 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 Conns, 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. Its clear that Ms. Smith made at least one late payment, as a protest because no one at Conns would service her then-broken refrigerator. But that late payment was explicitly forgiven by the company, as detailed in a Conns document that Ms. Smith scanned and forwarded to the Haggler.
In April, when she went to Conns to make her final payment, and close out her balance, Ms. Smith was informed that she owed $751 in interest. According to Conns, she had broken the terms of that zero-interest program.
So here is the question: Is Conns correct?
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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.
TexasTowelie
(112,252 posts)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)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.