• Report: #66443

Complaint Review: CIT Lease Finance Group

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  • Submitted: Tuesday, September 02, 2003
  • Last Posting: Tuesday, June 29, 2004
  • Reported By:Denver Colorado
CIT Lease Finance Group
233 North Michigan Ave Ste#1800 Chicago Illinois 60601 U.S.A.

CIT Lease Finance Group RIPOFF, CON ARTISTS Credit card machine only worked 3 days! Chicago Illinois


1Author 1Consumer 0Employee/Owner

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I signed up for a credit card machine in January of 2002. It only worked 3 DAYS! All I asked for was a tip line to be programmed into it and it quit working.

CIT 'offered' me a replacement machine in May of 2002-AFTER I had sold my business. Not once did I get offered a replacement in February, March April, only in May AFTER I had sold out.

I only used their machine 3 days and had to re-connect my old machine, which by the way the contract on my old machine was supposed to have been bought up as a condition of my signing with CIT and apparently that wasn't done because I used my old credit card machine until I sold out. I have had a few conversations with various people at this company and it basically boils down to the fact THEY DON'T CARE!

They didn't care that the machine did not work, according to Mrs. Janet D'Alessandro, "if you buy a car and it breaks, the bank doesn't care, they still want their money".

Mrs D'allesandro was the last person I spoke with at this company on the 29th of August 2003. She told me first I needed to pay $6700 then it was over $8000 then she offered me a "deal". If I pay $5000 for this machine she would terminate the lease and have this "debt" taken off my credit report! $5000 for a machine that worked 3 days!

CMS, a company that is affiliated with CIT, is a joke also. You call them and their supervisors are always busy and they never call back! I have reported this to the BBB of Illinois, I have also sent in a dispute to the credit reporting agencies and I will continue to complain about this company and their extortion attempts until someone listens!

I am glad to see this website. According to Mrs D'Alessandro CIT is a great company! $5000 FOR A MACHINE THAT ONLY WORKED # DAYS!!!

Marie
Denver, Colorado
U.S.A.

This report was posted on Ripoff Report on 9/2/2003 3:01:18 PM and is a permanent record located here: http://www.ripoffreport.com/corrupt-companies/cit-lease-finance-gr/cit-lease-finance-group-ripoff-zef29.htm. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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#1 Consumer Suggestion

File your Report with FTC

AUTHOR: Gloria - Cottonwood (U.S.A.)

Hi,
You may want to send a complaint to FTC (Federal Trade Commission) . I did and received a response saying they don't do individual cases. However, if they log enough complaints, they will start an investigation and possibly legal action. So here is the link: https://rn.ftc.gov/pls/dod/wsolcq$.startup?Z_ORG_CODE=PU01 to the FTC complaint form. I've told many people about it, so you may want to do the same. Make sure you give specific examples or even let them know you have documentation of deceptive or misleading information. Also, if possible, please scan & send copies of these documents to me at [DELETED]. I haven't given up, but it does take a while for the squeaky wheel to be heard.

As far as CIT, here is their main site: http://www.cit.com/main/default.htm . Also, within this site, I found e-mails and have sent copies of my rip-off report, including a copy of all the complaints listed under Lease Finance Group in the Rip-Off site. Here are some e-mail addresses, you may want to send your concerns to: investor.relations@cit.com, corpcomm@cit.com, directors@cit.com,

I did get the “Rip-Off Report Do-It-Yourself Guide” and it did have some good steps to follow. However, it was a little lacking in the cyberspace rip-offs. I've been paralleling the thoughts or ideas in this Guide to try to apply them to the internet. For example, instead of sending faxes, send e-mails. So every web site I am interested in, I look for e-mails and make up a group listing & start bombarding them with e-mails and include my rip-off report, plus any other rip-off concerns.

I hope this helps. Thanks, G for California
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