GE Capital Retail Consumer Finance, a consumer lending unit of General Electric, has renewed its private label credit card program for four years with JC Penney Company (JCPenney).
The program provides vital credit to millions of consumers who shop at more than 1,100 JCPenney stores in communities across the United States and Puerto Rico as well as through its catalog, and on jcp.com.
Thomas Clerkin, senior vice president of finance at JCPenney, said: “GE Money Bank has made credit available for millions of JCPenney customers during these tough economic times, and we look forward to continuing to work together to provide value and service for our customers.”
Margaret Keane, president and CEO of GE Capital Retail Consumer Finance, said: “We are excited to extend what has been a very successful 10-year relationship with JCPenney for an additional four years and continue to provide credit and valuable benefits to consumers. We look forward to working with the entire JCPenney team to help serve millions of customers across America.”
