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  • Report:  #321509

Complaint Review: Lease Finance Group LLC - Chicago Illinois

Reported By:
- avondale, Arizona,
Submitted:
Updated:

Lease Finance Group LLC
233 N. Michigan Ave Chicago, 60610 Illinois, U.S.A.
Phone:
866-781-0411
Web:
N/A
Categories:
Tell us has your experience with this business or person been good? What's this?
A salesman came in to my store, I have 2 other partners. He explained on paper how his company could save me money by using as my credit card processing company. He also explained that I had to lease the credit card machine through Lease Finance Group LLC. This was a five year lease but when he showed me the numbers, I would still save money.

Wanting to save money like all of us do, I singed the lease on behalf of my LLC. I resigned form the LLC in July of 2007 and the other owners did not wish to continue business with LFG. LFG has now been calling me for payment due to a personal guarantee that I signed. LFG calls my cell phone almost evryday if not every day. I dont mind talking to people but they call and there is rarely anyone on the other end. This goes on for at least 5 to 10 times a day. Once in awhile someone speaks and I tell them the same thing everyday. The phone calls are annoying and I believe these collections tactics are against the law.

PLEASE STAY AWAY FROM LEASE FINANCE GROUP LLC AT ALL COSTS.

Lionel12533

avondale, Arizona

U.S.A.


1 Updates & Rebuttals

Gloria

Cottonwood,
California,
U.S.A.
Scams Never end with Lease Finance Group

#2Consumer Suggestion

Mon, April 07, 2008

Hi, They are rather persistent and annoying. I am curious, did they every tell you that this was a IRREVOCABLE Lease?? 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 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. 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: [email protected], [email protected], [email protected], [email protected] 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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