Print the value of index0
Lease Finance Group New York Office, Chicago Office And Toronto Ontario Office Liars and Fraud Artists. I am Emotionally drained by these people. 2 different offices calling me not even from my own country. New York, Chicago And Toronto New York
I do not even know where to begin. I am suffering emotionally and physically.
Last September 2007 I had to close my little small business. Someone bought it at the last moment at a complete loss for me. I cancelled the security system, and insurance for the store with no problem. No extra costs involved to cancel when you no longer own the store. I emailed Canada Bank card systems to let them know what was happening as they are the ones who go through LFG - Lease Finance Group as much as I can figure out now. I have all correspondance and emails as well as to what has been going on.
I was instructed by Canada BankCard Systems to return the epuipment to their Burlington Office which I did as told and also sent it back in original packaging and in the same condition in which I received it. I sent it UPS Expedited and it was signed for at the Burlington address the next day. (of which I have proof). I was then told via email there were no forms to sign to cancel the contract, to just return the machine and get proof of delivery. I then asked CBCS (Canada BankCard Systems) if the auto Withdrawals for the business account had been stopped. The business account was closeing out.
I was told via email and I quote: "Closing the account works great as payments cannot go through. Sometimes the auto withdrawal takes time to stop".
On Oct 12/07 I emailed CBCS to advise them that my bank had put stop payment for $45.20 LFG was taking every month. Well guess what? They took it out under a different name so of course the stop payment did not work. Who is GCN Holdings 8885475? This is who took the money out when the first try under LFG did not work. I went into my bank who were very upset about this and immediately they reversed the withdrawal by GCN Holdings and they put stop payments on both GCN Holdings and LFG. The bank also did a "Declaration for Disputing a Pre-Authorized Debit" and stated that we had never authorized GCN Holdoings to draw or prepare the aforementioned PAD in my name, and that LFG had been advised of revocation of PAD.
I advised CBCS of the events and was told via email and I quote: " Well - closing the account will work like a charm. It will stop everyone dead".
As far as I can guess, LFG is an offshoot of Canada BankCard Systems and I did what I was told trusting that CBCS was advising the "powers that be" what was happening.
Then the calls from Chicago started. I am in Canada and LFG has an office in Toronto so why is Chicago calling me? My husband once was able to reach someone there who hung up on him. Next thing I know New York office is now calling me constantly. They would leave an automatic message (pre-recorded) to call them. I would try to call and most times there was no answer and when my call was answered it was a recording I listened to instructing me to stay on hold. I would stay on hold up to 5 minutes with no answer. I would then hang up. This has been going on for months. Never once have I been called from the Toronto office of LFG.
I finally left a messge last week on the 24 hour voice mail at LFG in the Toronto office for someone to call me and explain why I am dealing with New York and not them? I have had no return call from the Toronto office.
New York told me in Nov/07 that the equipment was to be returned to them! All letters and correspondance I have received in the mail comes from the Toronto office. I was told by NY that they own the equipment and if the company who instructed me to send it to CBCS sends it to them I only owe $949.20! If their machine is not returned to them by the company than I owe $1166.16! This I was told was to buy out the lease???!!! This was new to me. No one told me anything about this. All I was told was to close my account and return the machine and all was good.
By the way my contract is with Canada BankCard Systems not LFG. CBCS is who sent me the lease agreement so how does LFG come into play?
My contract states At the expiration or earlier termination of this lease term you have the follwoing options - 1) You shall disconnect and return the equipment and or software freight paid to us in good repair condition and working order in a manner and to a location we designate and all Lessee's rights to use the equipment and or software shall terminate" I did do exactly all of this.
I have no signed contract of any sort with LFG.
I have been leaving numerous messages for a lady at LFG to call me back. I have dates and times of proof. She called me back and left a message stating she has not received my messages! I have 2 or 3 messages from her saved on our answering machine. Sometimes when I call another phone # left by the pre-recorded message on our answering machine it says I am out of the service area? What is that about? When I tried the same # again on a different day my own phone company with a pre-recorded message asked me to leave a message! I did but how does my phone company have anything to do with LFG in NY?
I have a full running record of all email correspondances and mail, dates and times I have tried to call, messages left on the LFG NY ans machine.
Last week LFG's attorney office called and left a brief message threatening me and that my credit rating was going to be next. The lady who called also said I had to call before Monday April 1/08 but left no #. I only received the call late afternoon on Friday March 28/08. There was no time to return the call and leave a message that I had indeed returned their call and I had no phone # to call either. They set you up.
This is wearing on my state of mind and my health. I cannot eat most days, I have lost weight, I cannot sleep at night, I have anxiety attacks - chest tightening and almost feels like I am fighting for air.
I beg someone to help me. I am at a complete loss. As far as I am concerned it is very simple: CBCS asked me to return equipment to their Burlington office - I did and have proof of that. Next to cancel bank accounts - I did. I am done with this. Someone please help me. If I have missed anything, I have it all in detail via emails and letters. Thank you. I am afraid of retaliation but will deal with that and report to you if it happens.
Trish
Cobble Hill, British Columbia
Canada
2 Updates & Rebuttals
jennlaz
London,Ontario,
Canada
Beginning a similar experience
#3Consumer Comment
Tue, May 17, 2011
Just today I came across a PAD payment on my work's bank statement taken by "GCN Holdings". After the accountant and I looked into it further it appears that we do not have any record of dealing with GCN Holdings, and we do not know what we are being charged for. In our research we "googled" GCN, and came across your report. It appears that we have been being charged by GCN Holdings (or LFG) for a very long time now!
As per what you mentioned in your report, we've stopped all PADs for both LFG and GCN, and are expecting a phone call in the near future. As terrible as your situation was, I'm somewhat interested in seeing how this situation plays out.
Gloria
Cottonwood,California,
U.S.A.
Please Relax-Common Tactics for LFG
#3Consumer Suggestion
Tue, April 08, 2008
Hi,
Please try to relax. This is typical for this group and since they keep getting away with it, they keep doing the same thing. This is so typical. Independent Rep comes and makes a deal, and then somewhere along the line Lease Finance Group Comes in and says you have a Irrevocable or Non-Cancelable Lease and it doesn't matter what the Independent Rep Told You. When in reality, the Independent Rep is supposed to abide by the rules and explain everything, but doesn't. So as I said, the trick is, It is always the Other Guy!!!
Irrevocable Leases should be OUTLAWED. As a recipient of this lease, were you told it was Irrevocable and at the time you purchased the equipment, where you given a Truth in Lending Statement of how much it would cost you over the life of the lease??? I don't know in your state, but in California, if a full disclosure is not given at the time of purchase, this is Fraudulent.
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) or equivalent agency. 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 forms. 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 or equivalent. I haven't given up, but it does take a while for the squeaky wheel to be heard.
The lease finance group did file to the credit bureau as a lost debt. However, I recently refinanced my home. I showed the Financing Company all the correspondence I had with this company, plus the many RipOff Reports, and she had a great laugh and I got my loan at a very low interest rate.
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, Support@LFGNet.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 and relax, they want you to get upset. Thanks, G for California