Lease Finance Group, A Division Of CIT
Check verication / authorization machine lease 48 months. Returned machine after 50 mos. Continue to hound for more paynments

My small business was approached re: check-verication service. It involved leasing a a pos machine. I leased the machine 8/27/03 for 48 months. The company INTEEGRITY was to intercept "hot checks" from my bank, collect on them, and reimburse me - guaranteed for the face value of the checks that had been verified. I can count on one hand the number of checks for which we were reimbursed. Now that my business has closed guess I won't see any more reimbursement, even if they collect.

I closed my business 9/30/07 and contacted the customer service for Lease Finance Group. November 5th, I called telling them I have no need for and didn't want to purchase the machine. I was told I could return the machine. (which I did that week). They continued to submit drafts on my checking account, causing other things to bounce. ($135 in bank charges.) I have closed the bank account since.

When I called them I was informed since I didn't close out that lease after 48 mos (I guess August 27, or September) I am obligated to pay the $68 monthly for another year. The only contract I have ever been given is the one stating my account would be debited the 25th day of each month for 48 mos. If there is another contract they are holding, I have never received a copy.

They have contacted me by mail for a voided check so they can debit another account.

Company: Lease Finance Group, A Division Of CIT
Country: USA
State: Illinois
City: Chicago
Address: 233 N. Michigan Avenue Ste. 1800
Phone: 8883212307

  <     >