No thanks to GE Capital


PDA






bikemutt
June 11, 2013, 07:14 PM
I was checking out at Sam's Club today (dog food) and was offered $20 off my purchase if I signed up for an in-house card. Being a cheapskate I bit. Started filling out the short form until I noticed the card would be issued though GE Capital, the same outfit that decided they will no longer offer financing to mom and pop gun stores. Felt good to shred that form :)

If you enjoyed reading about "No thanks to GE Capital" here in TheHighRoad.org archive, you'll LOVE our community. Come join TheHighRoad.org today for the full version!
Texshooter
June 11, 2013, 08:00 PM
Well done.

From here on out WE ALL need to display this sort of vigilence.

Anti 2nd Amendment companies, politicians and individuals need to know we we not go along with this.

Droid noob
June 11, 2013, 08:32 PM
I have an in - house card for my local Gun shop through ge capital. They haven't said it's no longer good. I wonder why they haven't been hit? Maybe they aren't offering any new financing.

Sent from my SCH-I535 using Tapatalk 4 Beta

bikemutt
June 11, 2013, 09:26 PM
I have an in - house card for my local Gun shop through ge capital. They haven't said it's no longer good. I wonder why they haven't been hit? Maybe they aren't offering any new financing.

Sent from my SCH-I535 using Tapatalk 4 Beta
They aren't targeting your consumer card; they just won't engage in inventory and other business financing the LGS may need from time to time. IOW, they'll give you credit, just not your LGS.

oneounceload
June 11, 2013, 09:30 PM
GE capital probably owns your mortgage, owns the trucks and rail cars that bring everything from food to gas for you to buy, etc. They are the 800 pound gorilla in that regard

zxcvbob
June 11, 2013, 09:31 PM
Take their $20, then cancel the card :)

Ryanxia
June 12, 2013, 10:51 AM
Have to stand up when you can. Good for you.

oldbear
June 12, 2013, 07:00 PM
issued though GE Capital, the same outfit that decided they will no longer offer financing to mom and pop gun stores.

Someone correct me if I have the wrong information, but I thought GE Capital had refused to extend credit to one Gun seller who they, GE capital, had concerns with the ability of the store to repay loans. I BELIEVE that this was a business decision based on $$ not the product being sold.

If you enjoyed reading about "No thanks to GE Capital" here in TheHighRoad.org archive, you'll LOVE our community. Come join TheHighRoad.org today for the full version!