I was sent lease approval from Taycor on September 25th from Chris Young. The email read, "This Approval is Awesomeit's like half the lease rate factor of the previous leases. Everyone really worked hard on this one. Sign and Fax then mail for me pleaseyou know the drill. We are working with the vendors to arrange delivery as soon as possible."
When I didn't hear anything about the equipment shipments I called. Chris told me that the underwriter did not approve the deal based on the # of inquiries on my credit. Chris said he was working on 2 other leases that would replace the agreed upon lease. The terms for the first of the 2 new leases was significantly different and had a much larger deposit. Because of the significant difference from the agreed upon lease it was not suitable at that time. Chris informed me that they would get me a refund of my deposit right away.
When I had not received the check after a week I called. He informed me that they would be keeping 1000.00 of my deposit. We argued about this and he told me they would just keep the whole deposit of $3518.00 He assured me I would loose in court. I believe Christopher Young is more concerned about earning his commission check than building trust, longterm relationships and his client's best financial interest.in fact I would classify his lending style as predatory and unethical. On a previous lease he instructed me to lie to a representative of the lease company.
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