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Hello all,

I got this mail from GE Capital Financial Inc. about something called a GE BonusBack Loan. It's an unsecured consoldation loan at 11.5% simple interest. Sounds good to me since I have a couple of credit cards at 20% (don't ask, long story, they didn't start that way).

I called and wanted them to send me the terms and conditions of this loan before I did anything. I was told that they would be sent to me with the loan papers after I gave them my credit card account numbers and amounts to transfer.

Now maybe I'm just being overly cautious here, but shouldn't I be able to get the T's & C's before I give them my account numbers?

Has anybody had any dealings with GE Capital? The letter and envelope looks legit. How do I know this isn't some kind of mail fraud?

I realize that GE Capital is a legitimate company. However, my worst-case scenario is that someone is using GE's good name and logo and trying to scam me out of my CC account numbers.

Has anybody else used this loan? I'd appreciate some Foolish insight or some Fool who's maybe taken advantage of this offer.

Thanks in advance

Art
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