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Thread: GE Capital - Bud's merchant agreement will be terminated

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    GE Capital - Bud's merchant agreement will be terminated

    And so it continues,
    From BudsGunShop
    about an hour ago
    It's official....we received our letter from GE Capital today that our merchant agreement will be terminated effective 2/18/2013. Although they originally told us this would only affect online sales, the letter indicates they are terminating both online and retail merchant business. We still accept credit cards and ACH/Echeck as well as checks by mail....and also offer our 90 day layaway plan....so we do have several other payment options. GE was just our only deferred interest finance option.

    ACH/Echeck is the preferred payment option as you can quickly and securely pay online and still receive the lowest advertised cash discount price. Please keep in mind this payment option, like credit cards, is processed by a secure third party and not Budsgunshop.com. We must hold all orders paid via ACH/Echeck for 5 business days before the funding is confirmed and we can release/ship your order. The 5 day hold is really not an issue at this time as we are not shipping most orders within 5 days anyway....more like 2-3 weeks ! We are doing our very best folks....please be patient with us.....this too shall pass.
    Don't worry about the guns, send lawyers and money.

    “The hardest thing to explain is the glaringly evident, which everyone has decided not to see.”
    Ayn Rand

    Treason: The betrayal of one’s own country by waging war against it or by consciously or purposely acting to aid its enemies.

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    Does anyone know why GE Capital is terminating them? Is it an anti-gun thing?
    Very interesting.......

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    GE Capital - Bud's merchant agreement will be terminated

    Quote Originally Posted by JFootin View Post
    Does anyone know why GE Capital is terminating them? Is it an anti-gun thing?
    I would think that's a safe bet. Nobody wants to be in bed with those evil things.

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    Quote Originally Posted by Stugots View Post
    I would think that's a safe bet. Nobody wants to be in bed with those evil things.
    What?????You don't sleep with yours?
    Space for witty signature line for rent......CHEAP

    The Bill of Rights............................................ .............Void where Prohibited by Law

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    Quote Originally Posted by R.Ph380 View Post
    What?????You don't sleep with yours?
    I do

    Tommotto

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    Quote Originally Posted by JFootin View Post
    Does anyone know why GE Capital is terminating them? Is it an anti-gun thing?
    Of course it is "an anti-gun thing". Seems to me, if you "Follow the money", as they say, you get this...

    GE Capital is a subsidiary of GE, the parent company of NBC, and the leftist of the board is hussein's buddy, jeffy immelt.

    I'm just surprised it took this long.
    CB236 likes this.
    a.k.a. 2LOGICL. While I do not enjoy the misery of others, I do find comfort in it.

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    Well, when you're a Fortune 50 company that
    doesn't pay any taxes and you like to coddle
    up to our leaders at the top, you have to expect
    some pressure from those people to forward
    their agenda and keep that pipeline of political
    favors flowing in your direction.

    All the Best,
    D. White
    Last edited by dwhite; 01-24-2013 at 06:51 AM.
    CB236 likes this.
    __________________________________________________ __________

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    by the Constitution, nor prohibited by it to the States, are reserved to the States
    respectively, or to the people."

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    It seems that if this is the case that some financial instituions could face severe backlash by the pro 2nd admendment groups. I use local bank and believe me, I'll go in and tell them to their faces what i think of crap like this.

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    So now it is our responsibility to discontinue economic activities with those who oppose our rights. Light bulbs, electric stoves, NBC (MSNBC) and their advertisers.
    treg and RichO like this.
    "Skeeter"
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    I'm willing to bet that there is more to this than just an anti gun agenda. Online businesses are notoriously unreliable at paying invoices, one's in a highly regulated business will be even worse. We use some social marketing consulting firms and have almost constant problems with them.

    It's no secret that GE Capital is connected to GE, one of the largest companies in the world, not exactly a novel finding. I hate to burst your bubble guys, but they really don't care if 2A supporters like us take our retail banking dollars elsewhere, compared to the scale of I banking and PE dollars, it isn't even a flicker on the radar. The truth is, they can just say "we don't care" and it won't really matter.
    Last edited by BCM_87; 01-24-2013 at 05:18 AM.
    lonestarbandit likes this.

 

 
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