CIT Aka Lease Finance Group
Ripoff fraudulent, dishonest, unprofessional, practice These sales tactics need to be stopped
- 05-10-2004
- 19
Electronics and household app.
I purchased a credit card machine for my hair salon. The salesman did not give me the lease to sign. He had me to sign a paper saying that I agree to pay my monthly payments. That paper happen to be the front of the lease. He led me to believe that I would own the machine after term of lease for $600.00 (Not True) Machine was $1600.00
I did not know that I would have to pay a percent off each transcation, and also buy insurance for the equipment. When questioned about the different terms that was told to me by friends the salesman stated that he thought I was aware of this, because the business next door had the same machine. I was told that I could not break the lease, because they claimed I signed a lease agreement. At that time a copy of the lease was sent to me.
After reading the lease I send the machine back to the company within 30 days. Lease Finance harrassed me for months. Making statements like I must can not read, because I signed the lease, and they want their money. Now I am trying to do everything to get this off my credit report. The company updates the account regular causing my beacon score to lower. These sales tactics need to be stopped.
Company: CIT Aka Lease Finance Group
Country: USA
State: Illinois
City: Chicago
Address: 233 North Michigan Avenue, Suite 1800
Phone: 8883212307