intererest free ti8l 2016 LIE-DECEPTIVE SALES PRACTICE

How many people today with no jobs would finance over $3,000 worth of
furniture?

As stated, if you are late by even ONE day, that voids the no interest
contract. I have used interest-free financing myself, and have never
had a problem, but I've always paid well in advance of the due date
and always paid in full at least two months before the end of the
promotional period. The financial backers issuing these loans HOPE you
will screw up. That's why they offer these incentives. They know many
people will not be able to adhere to the terms, and it will more than
make up for people who, in the end, they make no money from.

I did a quick search on the Raymour and Flanigan website and the terms
of the special financing offer are quite clear.

No interest option until August, 2013, apply to purchases charged with
approved credit to the Raymour & Flanigan card issued by Wells Fargo
Financial National Bank. The minimum monthly payment will be 3.5% of
the amount financed. Minimum Purchase required of $999.00. Interest
accrues during the option period. To avoid the accrued interest the
account must be paid in full by the end of the option period. Failure
to make any required payment on your account when due may result in
the transfer of the account balance to your regular subaccount at
which point interest and minimum payment terms of the regular
subaccount would apply. For newly opened accounts, the regular APR is
27.99%. The APR may vary. The APR is given as of 7/1/2012. If you are
charged interest in any billing cycle, the minimum interest charge
will be $1.00.

Were any of your payments late, even by one day? If so, according to
the terms of the promotion, you will be charged interest at the rate
of 27.99%. Personally, I would never have signed up for that financing
even with the promotional offer.

They didn't force you to buy the furniture. Did you read the contract
before you signed it? Often the special financing offers are for
"Qualified Buyers".