• Report: #364745

Complaint Review: Lease Finance Group, Llc

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  • Submitted: Tue, August 19, 2008
  • Updated: Wed, August 20, 2008

  • Reported By:Brandenburg Kentucky
Lease Finance Group, Llc
233 North Michigan Avenue, Chicago, Illinois U.S.A.

Lease Finance Group, Llc LEASE FINANCE GROUP SCAMMED ME AS WELL. I AM FIGHTING BACK. ALL BEWARE..THEY DO NOT WORK ALONE TOO. Chicago Illinois

*Author of original report: Midwest Merchant Services along with LFG.

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In 2005 a man came in from Merchant Services out of Ohio. He came in and told me that he was a 'preacher' and a man of his word....More like a wolf in sheeps clothing. He showed me some paperwork and covered most of it now that I think about it. He said to read over the paperwork. I did but the paperwork that I orginally received by fax with my signature was not the paperwork I saw. To my dismay, I unknowingly signed a 48 month lease for a 400.00 credit card terminal. Who in there right mind would do such a thing unless we are mislead and lied to. I contacted the company immediately and they said its too late. They received their money for the machine already from LFG from an agreement between them and since I signed the lease I am responsible now for the machine. I contacted Lfg and they threaten to sue me of course...I did not want any problems so I have been paying since 2005.
My machine broke down and I called them. They said they are not responsible and I am . I decided the madness has got to stop. I have paid them $3,534.48 so far. They will not get any more of my hard working money. This is a scam with 3 parties involved. The Merchant company that comes in to see the equipment, LFG who has the 'non-cancellable' lease for 48 months, and least but not last...the company Electronic Payment Services who take care of the credit card processing charges...in which I found out they are also a non cancellable yearly contract...I have to write them 90 days to cancel with this company or I have to pay them for the total charges for a yr.
Its all a fraudulent scam by all these companies and they work together like a pyramid scam. I found out that they all have agreements with one another and they all work together to make us look like a bunch of fools. No more. I am fighting back and going full force with all 3 companies... If they all want to sue..I am sure the jury would find it very interesting how truly their companies work....

Stephani/ hair salon
Brandenburg, Kentucky
U.S.A.

This report was posted on Ripoff Report on 08/19/2008 07:34 PM and is a permanent record located here: http://www.ripoffreport.com/r/Lease-Finance-Group-Llc/Chicago-Illinois-60601/Lease-Finance-Group-Llc-LEASE-FINANCE-GROUP-SCAMMED-ME-AS-WELL-I-AM-FIGHTING-BACK-ALL-B-364745. 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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Updates & Rebuttals

#1 Author of original report

Midwest Merchant Services along with LFG.

AUTHOR: Stephani/ hair salon - (U.S.A.)

Just wanted to clarify the Merchant services because there are some that are legimate. It was Midwest Merchant Services, OH.(they are also under many other names..one is a bank name) that initially came in my place of employment to 'sell' me the machine. Just needed to clarify to all.
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