Financed Your Computer with Dell Financial Services? Check Your Contract!

01 Jun Financed Your Computer with Dell Financial Services? Check Your Contract!

Did you buy a Dell Computer and use Dell Financial Services, L.P. to finance the debt?

In the case of The People of the State of New York v. Dell, Inc. and Dell Financial Services, L.P., the Supreme Court for the State of New York found that Dell lured consumers into purchasing its products with advertisements that offered attractive no interest and/or no payment financing promotions, when in fact the vast majority of consumers, many of whom had very good to excellent credit scores, were denied these deals.

The court further found that Dell frequently failed to clearly inform these consumers that they had not qualified for the promotional terms, leaving many to unwittingly finance their purchase at high interest rates.

The decision also held that Dell incorrectly billed consumers on cancelled orders, returned merchandise, or accounts that the consumerdid not authorize Dell to open. Dell would then harass theconsumers with illegal billing and collection activity.

Even when consumers contacted Dell to adviseitof the errors, Dellwould not suspend its collection activity and would fail to credit consumers accounts, resulting in many consumers continuing to be subjected to harassing collection calls.

Many consumers found that Dell also reportedthese disputed debts on the consumer’s credithistory. The misinformation often had an adverse affect on the credit rating of these individuals.

Often when negative credit information appears with a credit reporting agency it can result in the denial of credit or credit at a higher interest rate.

The Court determined that Dell should beenjoined from this type of conduct toprevent any recurrence of what the Court described at”…misleading, deceptive and unlawful conduct.”

So, I will ask again: Did you buy a Dell Computer using Dell Financial Services, L.P. to finance the debt? If so, you may want to take a look at your contract to see if you got the deal you thought you received.

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I've been a consumer bankruptcy lawyer for nearly 25 years. Since that time I have helped many people resolve their financial problems. I have been practicing law since 1986 and I am licensed to practice in all state and federal courts in the State of Louisiana. Because I am a sole practitioner, you know that your debt matters are being handled by me personally. In addition to my work with consumers, I am also frequently asked to speak at local seminars on bankruptcy law. I am member of the following organizations: • Louisiana Bar Association • National Association of Consumer Bankruptcy Attorneys • Bankruptcy Law Network My office is located at: 3920 General DeGaulle Drive, New Orleans, LA 70114 Telephone: (504) 368-4101

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