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  • Report:  #1208049

Complaint Review: Lease Finance Group - Chicago Illinois

Reported By:
Erin M. - Frisco, Texas,
Submitted:
Updated:

Lease Finance Group
65 E Wacker Pl Ste 510 Chicago, 60601 Illinois, USA
Web:
N/A
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I was approached at my business by a Transtech company employee (Transtech and LFG work together) who claimed he could get the lowest credit card rates possible. I listened to what he had to say and he seemed pretty honest and legitimate so I had him come back a couple of days later to go over everything. I really didn't want to sign a contract but his manager who was on the phone with us assured me I had 60 days to try everything out and if I wasn't satisfied then I could cancel with no problems. Little did I know, Lease Finance Group was an entirely separate company who would lease the equipment to me at $35.99/ month plus a $4.95 equipment fee which amounts to $40.94-not $46.53 which is what I ended up being charged per month. I didn't see the rates I was told I would see after using the company for a few days so I called and said I wasn't satisfied and would like to cancel. Transtech gave me a pretty hard time but ended up canceling with a cancellation fee. This is when they told me I had to get in touch with LFG to cancel my equipment. I had no idea this would cause me so much stress and headache. I tried speaking to LFG on numerous occasions to which they were incredibly rude and basically said "tough, you signed a contract." I ended up paying the $46.53 monthly and not using the equipment because I didn't know what else to do. Recently I had to change bank accounts as I had some fraudulent issues. When I didn’t give LFG my new bank info they started calling me and asking me for payment. I told them I wanted to send the equipment back and be done with them. They said I needed to pay a $1900 buy-out amount! Hector Hernandez assured me that if I sent the equipment back he would be able to get me a much lower buy-out amount. So I paid for two months worth of fees ($93.06) with a debit card as requested and I sent the equipment back. He didn't call me like he said he would. So now LFG is calling me asking for authorization to debit my account as they have my card info on file. These are the rudest bunch of people I have ever spoken to in my life. They are liars and scammers who prey on small business owners like myself. There are hundreds of complaints online written by people who have been duped.



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