- Report: #845297
Report - Rebuttal - Arbitrate
Complaint Review: Ladco Leasing
Ladco Leasing7300 Chapman Hywy Knoxville, Tennessee United States of America
Ladco Leasing Azura Leasing Deceptively gave me a 60 month contract, $4200 for a $329 machine. Knoxville, Tennessee
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He said that it would, and showed me on his laptop that it was indeed about a quarter % lower.
The 10 page contract was printed with my initialing every page and signing a couple. I did not have time to read 10 pages and took him at his word.
I have been in business for 18 years, am 75 years old, will retire after my lease is up in Feb 2013, so I would not knowingly sign a 5 year lease. I'm not stupid, I just did a stupid thing by believing this salesman. Then he called a verification person to prove that I actually agreed to this. Before handing me the phone, he said "just say yes to all the questions".
After 3 months I woke up and realized I was paying more than before. I cancelled the processing service, returned the $69 per month($4200) machine, and signed up with someone else who lowered my rate and sold me the same machine for $329. Now, I'm being sued for the total amount.
This report was posted on Ripoff Report on 02/27/2012 10:50 AM and is a permanent record located here: http://www.ripoffreport.com/r/Ladco-Leasing/Knoxville-Tennessee-37920/Ladco-Leasing-Azura-Leasing-Deceptively-gave-me-a-60-month-contract-4200-for-a-329-mach-845297. 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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