Lease Finance Group A Divison Of CIT
Rip-off lease purchase agreement for credit card machine scam

Like other readers I was sucked into a terrible lease purchase agreement for a credit card machine, our first time as a credit card merchant. The smooth talking salesman (I might add a fat bastard) told me it was "about the same price" to lease purchase a credit card machine rather than buy outright. $45 a month for 60 months.

It was only 1 year into the contract when I realized I could have bought it for maybe $600 but I've already given these greedy bastards nearly 4 times that much and they still want 10% of the residual value to complete the contract. I've stopped making payments and now all

I get is tons of threatening letters and phone calls. They even found my home address and I get demand letters there as well telling me my personal credit profile will be damaged and sure enough it is.

I offered $300 in full and complete settlement of the debt (around $700 still to pay) but a thug in their collections department just laughed at me. A bunch of greedy, nasty, malicious mother fu*ers who should be put out of business and I, for one, intend to wage war on them.

Gareth
Florida
U.S.A.

Company: Lease Finance Group A Divison Of CIT
Country: USA
State: Illinois
City: Chicago
Address: 223 N Michigan, Suite 1800
Phone: 8883212307

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