Here is something for the large amount of people having problems with CIT Lease Finance Group to look into. I post this now and will continue to update any results as the company refuses to contact me and has totally avoided me since I brought this up to them. Of course I'm still waiting for them to "call me right back"
CIT Lease Finance Group has automatically deducted from my bank account twice in the last 2 years for Property Taxes. When checking on my personal property taxes this year I had a problem with the value placed on the leased credit card machine ($19000.) I figure if I could show the tax assessor of the county that CIT had and was to pay the tax on the machine then it would be taken off my tax burden rathen than try to explain that the machine is not worth even 1% of the amount shown.
HERE IS THE PROBLEM. When I contacted CIT and explained that since they had debited my bank acct for the property tax that all I needed to solve this matter was a way to show the county they had paid the taxes. No taxes I can find so far have ever posted to this equipment and I am being charged with the tax burden which if CIT had actually made tax payments toward this leased equipment I would be being charge double or not charged at all. CIT acknowledges the debits from my bank acct but says they can not provide me with any information as to that these taxes were paid by them.
I feel that this is worth while to check out for anyone as this only came to my attention due to a mistake in the appraisal value of the machine. I really hope they have paid the taxes so I can resolve this matter easily but it doesn't appear that way so far. Either way either McLennen County Texas or CIT is charging me for taxes either already paid or debited from me but not paid respectfully.
From CIT's record I would guess they have took my money but not paid any taxes. Wouldn't that become breach of contract or illegal? I'm not sure but would like any input on what else I might do to find out if the have actually withdrawn funds shown for "personal property tax" and whether or not the actually paid them.
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