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progressive leasing, Sleepy's matress Beverly, MA bought a mattress, 2400.00, put 1269. down and financed rest, 7 months 315.00 payments, I still have a balance of 913.51 that interest is illegal correct? Beverly Massachusetts
My wife and went to a Sleepy's mattress store in Beverly MA and purchased a new mattress. It's cost was 2500.00, I put 1269.00 and finance the rest, the Sales man had told us that the loan had high interest, my failure had been not asking how high, I knew and believe the state law, that only allowed 29% as the highest it could possibly be. Unfortunately when the Seventh, 315.00 was deducted for our checking, I realized that the interest charged on this purchase could of actually exceeded MA limitation. I called progressive and to my total surprized discovered that I mysteriously still owe 1436.00, if I had 913.51 I could paid it off, the next day i called and became 1023 and some change to pay it off. Seriously how can that be, I am absolutely baffled. I am now standing fast at refusal to pay this, I do believe that they have no legal right to pursue in claiming anymore from me. Edward H Townsend Jr, (((REDACTED)))
2 Updates & Rebuttals
ProgressiveLeasingLLC
Draper,Utah,
USA
Progressive Leasing Response
#3UPDATE Employee
Mon, May 02, 2016
Mr. Townsend,
Thank you for bringing your concern to our attention. We recognize that some time has passed since your dissatisfactory experience. We strive to be above board with our customers and our hope is that we can assist you with your concerns. If you would like to discuss your concern with us, please call at 877-593-2520. We appreciate your time.
Sleepy's Customer Care
Hicksville,New York,
USA
Case #01553679
#3UPDATE Employee
Fri, November 13, 2015
We're sorry to hear this and would love a chance to chat and fix this. Please email us at social@mattress.com with your contact info and reference case #01553679. We will send your case to the customer care management team and a specialist will reach out to you ASAP and help resolve this!