Started using Care Credit back in February 2011 to pay off lasik eye surgery. I was told that it was a two year interest free loan.
Sounded like a great deal. My first bill came and I started making payments. Little did I know that the payment plan that I was on would not pay off the balance after the two years. Unfortunately, I did not realize this until the eleventh payment.
I called customer service to discuss my concerns. What I discovered was that on the my current payment plan that my remaining balance would end up being more than $1,600 dollars after the two years. And deferred interest of over $1000 would be added on to that. Leaving me a balance of over $2,600 after the two years is up.
Talk about, getting straight up ***. I understand that credit card companies need to make money, but this is out of control, especially under the financial situation we are all in these days. I now have to make double payments for the next thirteen months or end up paying extra $1000 or more.
They are not an honest company and I'm doing every thing in my power to make sure that they are not going to get a dime in interest from me. *** them.
Product or Service Mentioned: Carecredit Credit Card.