Gun Control & Disarmament
Coalition to Govern America header with logo
Friday, November 15th, 2019

We have 91 guests and no members online

NEXT LIVE BROADCAST SATURDAY, NOVEMBER 16TH, 2019

GE Capital Cuts Off Lending to Gun Shops

CNN
April 24, 2013

Months after the shooting that killed 26 at a Connecticut elementary school, General Electric (GE, Fortune 500) has halted its lending program for purchases from gun shops, the company said Wednesday.

GE Capital, which provides consumer financing services, had previously provided lending services to gun shops to help consumers finance firearm purchases. Earlier this year, the company sent letters to shops notifying them that the program would be terminated for future purchases.

 

* * *

 

GE Capital had in 2008 stopped providing financing services to new merchants whose primary business was selling firearms. The move to nix the remaining relationships will affect less than 75 retailers and is an "immaterial" part of the company's sales volume, Wilkerson said.

[FULL STORY...]

You must be logged in to post comments.

Govern America Radio

"Truth for the Restoration of Our Nation"
 

CURRENTLY ON AIR:
Loading

Listen to Govern America
Saturdays at 11AM-2PM Eastern

LISTEN LIVE

ARCHIVES & PODCAST

Govern America playlist of latest episodes