90 days is NOT the same as cash! I purchased a couch at Rooms To Go and was convinced the "90 days, same as cash" was a great option to build credit.
However, I've made several payments towards this piece of furniture to ensure I pay it off before the 90 day period expires which results to rolling Into an insanely high interest plan that would ultimately turn a $899 couch into a $3000 couch! Upon signing up for the program the associate reassured me that I'd be able to pay it off no problems. Well I've been running Into quite a few problems in the two weeks since I purchased the furniture. Mainly the misleading online payment process does not even reflect your balance nor does it allow you to make a payment!
At this point I just want to pay the full balance and be done with this scam of a program. Aside from the difficulty in what should be a simple payment process, I've opted out of the "optional" benefits plus yet it remains on my account. Twice I've told them to remove it, they claim they did but it still keeps showing on my account. I'm incredibly frustrated with this system!
As a mother of two kids it's disturbing that these finance programs are allowed to mislead consumers into these "same as cash" plans that supposably have no interest for the first 90 days but the taxes they aquire during that time are not adding up to the retail value of the item I purchased.
Needless to say this is total bogus and I will never use an in-house financing company again! I'm still fighting just to get an answer as to why they will not allow me to pay it in full and end this nightmare.
Reason of review: Problems with payment.