Do Not Trust Greensky Trade Credit, LLC!

To put it simply, DO NOT TRUST THEM! I have had a card from them for several months, and a few days ago had a charge declined. I waited until today to see if it would be straightened out, but was still declined. Then I received a letter in the mail stating that they had closed my account! With no warning, for no valid reason, they just closed it. The letter gave an "800" number to call "If you feel this is in error", so I called an asked about this. After they failed to return my call the first time, I called again and finally talked to someone in that department who said that he could not give me any specific details of why they closed it, but that it was final, and for a consolation he said he didn't see why it would affect my business. I was using that card to stock up on inventory for my new location that was set to open next month, that now will not open because of these thieves. Just in case you want to think that I have bad credit, which is what they stated was why they closed it, I have never missed a payment on any credit card, mortgage, or auto loan, and have a credit score of over 700. Bottom line: if they are your only option, take them, but get something else asap like your business depends on it - because it does!

Comment On This

I am in complete agreement with the above mentioned complaint about this GreenSky Trade Credit LLC. It appears to be the biggest Ripoff Company I have ever come accross, They will charge you a super high percentage rate and tell you that that is what you score on there credit rating. On top of it all Read Carefully as if you place the contract under your Business they will put a Lien on the Business. My experience with them has been the worst and I will check out all avenues including checking out if there activities and the way that they conduct Business is legal. But I would recommend that anyone that attempts to do Business with GreenSky Trade Credit LLC recheck what it is that they are getting into. Tell Mac tools or whonever brings them onboard as the finance company that you need the contract for someone to read for you prior to you signing it. That would be several Days before the Tool Box comes in or before the order is placed.I even went to Mac tools Corporate and brought it to there attention and I was suprised at there response. I would have thought better (but No). I was told that that is what it was. I Ultimate recommendation to all techs and Shop Owners like myself is Go to Snapon, Cornwell and even Matco and give them time to think and come back to Earth. As we are the ones that choose to buy or not buy. And that depends totally on the way that we are treated . For Me (NO MORE MAC TOOLS)