ED Magedson – Founder
CIT Financial USA INc., D/b/a Lease Finance Group (LFG)233 N. Michigan Ave., STE 1800 Chicago, Illinois United States of America
I leased a terminal that ended up being with LGF. What I signed was to be a lease purchase that I made in good faith with Capital Merchant Services out of Denver. I made this agreement in 2003 and treated the equipment like it was my ownafter 2008. Once I noticed they making unauthorized withdrawals to my account I contacted them and the bank about this and found their rep, whoever that was, to be argumentative.
I had my bank discontinue payments, which I found out only lasted for a year, and they took a large sum of money, also unauthorized, which the bank quickly returned upon my notifying them. I have been hounded by this company and threatened with legal action, but I have paid enough for many credit card machines during the time they made authorized and unauthorized withdrawals.
This report was posted on Ripoff Report on 01/07/2010 10:09 AM and is a permanent record located here: http://www.ripoffreport.com/r/CIT-Financial-USA-INc-Dba-Lease-Finance-Group-LFG/Chicago-Illinois-/CIT-Financial-USA-INc-Dba-Lease-Finance-Group-LFG-CIT-Paid-for-Chicago-Illinois-550773. 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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