No thanks to GE Capital

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bikemutt

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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 :)
 
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.
 
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
 
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.
 
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
 
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.
 
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