Complaint Review: LEASE FINANCE GROUP A DIVISION OF CIT - CHICAGO Illinois

I have read other reports about this company, and it's as if I wrote them. They seem to have the highly trained monkeys doing all the same ritual. I too got the "pressure" put on me as I was opening my new business.

The caller wouldn't take no for an answer. His name is "Brad Elbert" and he sends his calling card along with IMS(International Merchant Services) logo, address: One Lincoln Center, Suite 200, Oakbrook Terrace, Il. 60181 phone: 1-800-538-1730 or 630-571-4400 and fax:630-368-7801.

He is the telemarketer who introduced the service to me and repeatedly harrassed me , several different times, over the phone, while I was trying to open and conduct business! When I rejected his calls, another person called (From IMS) and assured me that I should not open a business without this service! I guess I wore down Brad and then the next step kicks in to try harder with another marketers voice. This went on for three days of phone calls at home and my store.

Promises were made to me that I should try it, and that I could cancel with a 30 day written notice. Brad would say" no problem Ms , You'll be happy with your "increased" sales.

When I got the lease to sign, I noticed added things I never recalled discussing with "Brad", such as the little fees here and there and all the other coompanies that were also involved. I sent a note along telling him again that I will cancel if it was not the way to go for our small business in the middle of rural Minnesota. I have copies of everything.

I also thought taking credit cards would be o.k. since I use mine for purchases when I don't want to use my cash on hand.

After all was signed, I started the business, and after 3 months had used it 3 times. I decided to write my letter of cancelation, and I did, and they accepted it just fine, and then all Hell broke loose! I began to get cancelation charges taken out of the checking account.

I continued to get the "fee" taken out, around $65.00 per month, I was devastated. I immediately canceled my account with them at the bank, but then more Hell came and continues to this day, 1 year later.

I got at least a dozen threatening letters from them, they were crying and yelling at the same time. I yelled at them on the phone that started ringing off the hook the same week, at home and at the business.

I called an attorney. He had little good advise but to keep paying or they will freeze your assets, personal and business, and if they take you to court, they can have you pay any of their attorney fees!

They offered me a "payoff" amount(over $2000.00) and want the machine back? How funny is that! I want to crush it, but may need it later to get any satisfaction.

Today I have finished my letter to the Attorney General, and The BBB. I shall also make a report to the FTC as many of you have done to add to the list.

The folks working for this company and International Merchant Services are certainly of a different breed.

They belong to a cult or somewhat similar group.

International Merchant Services has a verse that reads: "bringing a whole new world of customers to your door."

Boy, they said it right! We now have a WOLF knocking at our door.

I will not let up on this and I plan to retrieve the money I am still sending to keep them off my back for the time being.

I would like their e-mail address so I can harrass them as they are doing to me. Does anyone know the number they are calling from so I can put it on my blocker?

Thanks for this site, I pray it will do all of us good that they took and any of those future businessescan beware of the WOLF!

Joanne

NORCROSS, Minnesota
U.S.A.