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  • Report:  #140642

Complaint Review: Lease Finance Group - Integrated Leasing Corperation - A Division Of CIT Financial

Lease Finance Group - Integrated Leasing Corperation - A Division Of CIT Financial ripoff Chicago Illinois

  • Reported By:
    New York New York
  • Submitted:
    Wed, April 27, 2005
  • Updated:
    Thu, May 05, 2005
  • Lease Finance Group - Integrated Leasing Corperation - A Division Of CIT Financial
    233 N. Michigan Ave Suite 1800
    Chicago, Illinois
    U.S.A.
  • Phone:
    800-628-2093
  • Category:

I have entered a Lease Agreement with Integrated Leasing Corp, a firm in New Jersey in September, 2002. I have rentet a credit card terminal with a market price of $280.00. During the next two years until September 2004 I have paid $887.00 plus a security deposit of $150.00.

In August 2004 the company that rented an equipment - My Mary Poppins had been liquidated. Therefore I have contacted Corey Saftler, President of Integrated Leasing Corp. explaining the situation. From August 2004 until October 2004 we have been exchanging e-mails and I have forwarded all the necessary documentation concerning the liquidation of My Mary Poppins to Mr. Saftler.

Finally he had suggested I would contact their general council Steven S. Rothberg. Upon my phone conversation with Mr. Rothberg he had advised me to return an equipment to Integrated Leasing Corp. promising me that upon receival of the equipment my contract will be cancelled.

I have sent a terminal via FedEx to Integrated Leasing Corp. in November, 2004. It was received and signed for by Mr. Saftler. I have tried contacting Integrated Leasing Corp. to receive a contract cancellation letter but was never able to reach a live person and my numerous messages were never returned.

Two months later, in January 2005 I started receiving harassing "payment delinquent" notes from Lease Finance Group, a division of CIT Financial USA I have contacted the company immediately and have spoken to Zachary, at extension 5720.

I have explained the situation to him and offered sending all the necessary documentation (FedEx receit with a signature and the rest) but he said it does not matter since Integrated Leasing Corp. was purchased by Lease Finance Group in October, 2004 and I am reliable for the contact with Integrated Leasing Corp. even though I was led to believe it would be cancelled.

I feel that the fradulent action of Integrated Leasing Corp. should be a responsibility of Lease Finance Group and they do not have a right to harrass me.

Tatyana
New York, New York
U.S.A.

5 Updates & Rebuttals


Gloria

Cottonwood,
California,
U.S.A.

File Complaint in County of Origination

#6Consumer Comment

Thu, May 05, 2005

Hi Tatyana,
You don't need to fly to Chicago. If you signed the lease in New York, then that is were you should file it.
Hope this helps


Tatyana

New York,
New York,
U.S.A.

Ready to follow-up

#6Author of original report

Mon, May 02, 2005

Gloria:

Thank you for your advices. I did sent letters to FTC as well as to CIT itself. I am not going to give up and am ready to fly to Chicago and file a small court complaint against them. Feel free to contact me should you need an additional voice against their fraudulent actions.


Tatyana

New York,
New York,
U.S.A.

Ready to follow-up

#6Author of original report

Mon, May 02, 2005

Gloria:

Thank you for your advices. I did sent letters to FTC as well as to CIT itself. I am not going to give up and am ready to fly to Chicago and file a small court complaint against them. Feel free to contact me should you need an additional voice against their fraudulent actions.


Tatyana

New York,
New York,
U.S.A.

Ready to follow-up

#6Author of original report

Mon, May 02, 2005

Gloria:

Thank you for your advices. I did sent letters to FTC as well as to CIT itself. I am not going to give up and am ready to fly to Chicago and file a small court complaint against them. Feel free to contact me should you need an additional voice against their fraudulent actions.


Gloria

Cottonwood,
California,
U.S.A.

Contact FTC and State Attorney General

#6Consumer Suggestion

Sun, May 01, 2005

Hi Tatyana,
You are just one of hundreds of people who have been ripped off by a third party, CIT. This is common practice for this company to use an Independent Representative, as in this case, Integrated Leasing Corp., to have you sign a lease agreement. When you signed the Lease Agreement with Integrated, did you sign one with CIT? Did you know CIT has a non cancelable Lease??? If not, you may have a case. However, keep in mind CIT has been doing this for years and know all the loopholes.. Finally did you know a basic charge machine starts as little as $150 to buy outright???

I have been making this suggestion to many other people being RippedOff by CIT & Independent Reps. So far, I have received no additional calls since I did this plus told CIT that this was FRAUD & FORGERY. But who knows???? So check this out>>>>
You may want to send a complaint to FTC (Federal Trade Commission). I did and received a response saying they don't do individual cases. However, if they log enough complaints, they will start an investigation and possibly legal action. So here is the link: https://rn.ftc.gov/pls/dod/wsolcq$.startup?Z_ORG_CODE=PU01 to the FTC complaint form. I've told many people about it, so you may want to do the same. Make sure you give specific examples or even let them know you have documentation of deceptive or misleading information. Please remember if things weren't CLEARLY disclosed at time of sale, this may be FRAUD in most states

Also, you may want to file with your State Attorney General. I haven't given up, but it does take a while for the squeaky wheel to be heard.

As far as CIT, here is their main site: http://www.cit.com/main/default.htm . Also, within this site, I found e-mails and have sent copies of my rip-off report, including a copy of all the complaints listed under Lease Finance Group in the Rip-Off site. Here are some e-mail addresses, you may want to send your concerns to: investor.relations@cit.com, corpcomm@cit.com, directors@cit.com, Just to let them know how you feel about their fraudulent relationships with Independent Sales Representatives.

I did get the Rip-Off Report Do-It-Yourself Guide and it did have some good steps to follow. However, it was a little lacking in the cyberspace rip-offs. I've been paralleling the thoughts or ideas in this Guide to try to apply them to the internet. For example, instead of sending faxes, send e-mails. So every web site I am interested in, I look for e-mails and make up a group listing & start bombarding them with e-mails and include my rip-off report, plus any other rip-off concerns.

I hope this helps. Thanks, G for California

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