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Monogram Credit Card Bank of Georgia

P.O. Box 628048
Orlando, FL 32862-9048
Fax: 1-407-788-4057

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Monogram Credit Card Bank
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"No Interest"
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News
Home Depot, Monogram Credit Card Bank To Pay Connecticut $672,000
Home Depot, Lowe's, Monogram "Interest-Free" Suit
Class Action Filed

A fast-growing offspring of GE, Monogram is working hard to brand its monogram into the hides of its customers, as shown by the complaints below and many similar ones in our files. Monogram's imprint may be fading a bit, thanks to a class action suit brought by an aggrieved consumer in Louisiana. Additional suits charge that Monogram, Home Depot and Lowe's misled customers about six-month "interest-free" promotions. On the other hand, Monogram's service agreement includes a mandatory arbitration clause which makes it difficult for consumers to settle grievances in the courts and dooms most potential class action suits.

Monogram is the underlying issuer for a growing number of store-branded credit cards. Since it has insulated itself from legal action, consumers should be very careful before opening store charges at any of the merchants that use Monogram.


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