Lease Finance Group
Ripoff credit card processing equipment lease that never ends

As a small business, we have to accept credit cards. We went through 2 credit card processing companies, one of which went out of business. We leased a Nurit 2080 card processing machine in 1999. We cancelled our contract in 2003.

We found out recently that $60.20 were deducted every month from our bank account under the terms of equipment lease. No one told us the contract would be renewed automatically unless we returned the equipment.

Besides, we never heard of the Lease Finance Group until now. We cancelled the contract with the credit card processor, Express Merchant Processig Solutions, not LFG.
So, over 7 years, we paid close to $5,000.00 for a machine worth barely $275.00! We are told from LFG that they won't pay us back because we failed to return the equipment, as stipulated in the contract we signed.
What a nice juicy scam they have going! And we are not the only ones, as we found out when we googled them and discovered the RIP OFF!

We are filing a complaint with Better Business Bureau and we are trying to find if there are other victims in our state, Maryland. We are also contacting Maryland's State Attorney.

On the positive side, there is a solution for small businesses that want to accept credit cards: we do it through Quickbooks. You do everything on your computer. It's fast, easy, the rates are reasonable and you don't need any equipment!

Company: Lease Finance Group
Country: USA
State: Illinois
City: Chicago
Address: 233 N. Michigan Ave, Suite 1800
Phone: 8883212307

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