Complaint Review: CIT Finance - Chicago Illinois
- CIT Finance 21146 Network Place Chicago, Illinois U.S.A.
- Phone: 888-899-0497
- Web:
- Category: Loans
CIT Financial - CIT Finance Lease term ripoff excess billings Chicago Illinois
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I recently, had a lease about to expire from CIT Financial. I contacted them about 3 weeks before the lease was to expire left several messages about wishing to return the equipment and know one ever returned my calls. When I finally got a hold of someone I was told since I hadn't given them 90 notice I would owe them 4 more payments, I asked why 4 I have already made 24 and my lease has not expired yet, He just said since I hadn't given 90 days notice that was how much I owe to return the equipment and it was not negotiable.
When I asked for the address to return the equipment, I was told they would not provide me with that information until they had received the payments for the additional 4 months. I guess to me a 24 month lease is just that. If I don't return the equipment then I should be billed, but they won't allow me to return it. After reviewing some of the other complaints on this site it seems to be a fairly common practice to take the customer for as much money as they can. As recommend I have filed a complaint with the FTC. As for now I'll pay the additional amount and if there's ever a class action lawsuit filed I will be the first in line.
Chris
Stateline, Nevada
U.S.A.
This report was posted on Ripoff Report on 09/08/2004 04:38 PM and is a permanent record located here: https://www.ripoffreport.com/reports/cit-finance/chicago-illinois-60673/cit-financial-cit-finance-lease-term-ripoff-excess-billings-chicago-illinois-107517. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
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