GE Money exits consumer water treatment financing

STAMFORD, CT — GE Money, which has offered a water treatment consumer financing program through its dealers, has announced in a September 24 letter to water treatment dealers that the company is exiting the program.
Bruce L. Christensen, general manager of GE Money’s Home Improvement division, wrote to water treatment dealers: “In light of current credit conditions, GE Money has made the difficult decision to discontinue its water treatment consumer financing industry program.”
The letter noted that new credit applications for the financing of water treatment products will be accepted through October 10, and funding of the same will continue through November 28.