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mab5096 asked in Business & FinanceCredit · 1 decade ago

New carpeting sending me to the cleaners!!?

Two years ago I spent about $7,000 on new carpeting for my home. At that time I was given a two year interest free option which I took advantage of thinking that I would pay the balance at the end of the two year period. Well, on May 26 my two years was up and I somehow missed that date. I am now being charged back interest (at the rate of 29%) which amounts to over $3,000. I spoke today with three different people and their supervisors who all told me the same thing....basically "TOUGH LUCK". Do I have any other recourse?

3 Answers

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  • Judy
    Lv 7
    1 decade ago
    Favorite Answer

    That's what they count on when they put out those deals - that some % of buyers will get careless and miss the due date. YOU screwed up and missed the date. Read what you signed originally - I'm sure it detailed what would happen if you did. What recourse would you expect to have?

  • rtfm
    Lv 7
    1 decade ago

    You must have signed a contract at the time of purchase. You are legally bound by the terms of that contract.

  • Anonymous
    1 decade ago

    no.. same thing happened to me with a couch a bought.

    chalk it up as a learning experience

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