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  • Report:  #1291485

Complaint Review: Lease Finance Group

Lease Finance Group division of CIT, Northern leasing Systems,MBF Leasing, Golden Eagle LeasingLease Source-LSI, LLC Entered into a 48 month contract for lease of credit card equipment. They with drew lease payments starting in November of 2003 through February of 2016. A total of 148 lease payments on a contract that was to be for 48 months. Chicago Illinois

  • Reported By:
    Looks of Shear Elegance — Blue Springs Missouri USA
  • Submitted:
    Thu, March 03, 2016
  • Updated:
    Thu, March 03, 2016

On November 4, 2003 I entered into a lease agreement with Lease Finance Group that authorized them to debit my checking account on the 31st of each month the amount of $82.12 + taxes for 48 months, $89.32 per month.  They continued to withdraw the lease amount until I changed bank accounts in March of 2016.  They have withdrawn from my account 148 times.  I had to change my bank account in order to get them to stop.

I have attempted to contact them via phone and each time I start describing what I am calling about I get transferred.  Once transferred I am sent to a voice mail box.  I have since done extensive research on this company and know that they are a major rip off.  By my calculations they have charged me $89.32 for 148 months.  The lease amount would have been $89.32 x 48 months, or $4,287.36, which in itself is ridiculous, but they charged me for an additional 100 months or $8,932.00 more than my contract.   

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