Quick Question...

[aquatic1]

What does GEMB mean next to a creditor's name? Is that a good thing or bad? I have seen these letters on a couple of my creditors (which are either in collections or still in need of being paid).


Thanks in advance!

[GFer]

GE Money Bank (it's the financial institution who is actually giving you the credit.

[Anonymous]

GEMB is the financial institution that actually issues the card.

Just like Chase, Citi, ....................

[aquatic1]

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@GFer wrote:

GE Money Bank (it's the financial institution who is actually giving you the credit.

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Thanks for the information...It was driving me crazy that I didn't know what it stood for.