- Report: #438002
Report - Rebuttal - Arbitrate
Complaint Review: Taycor Financial Equipment Leasing
Taycor Financial Equipment Leasing6100 Center Drive Suite 710 Los Angeles, California U.S.A.
Taycor Financial Equipment Leasing, Taycor did not complete the funding of my transaction under the terms and conditions agreed upon. They refused to refund my commitment deposit. Los Angeles California
*UPDATE Employee: Outdated claim that is somehow just now appearing
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When I didn't hear anything about the equipment shipments I called. Chris told me that the underwriter did not approve the deal based on the # of inquiries on my credit. Chris said he was working on 2 other leases that would replace the agreed upon lease. The terms for the first of the 2 new leases was significantly different and had a much larger deposit. Because of the significant difference from the agreed upon lease it was not suitable at that time. Chris informed me that they would get me a refund of my deposit right away.
When I had not received the check after a week I called. He informed me that they would be keeping 1000.00 of my deposit. We argued about this and he told me they would just keep the whole deposit of $3518.00 He assured me I would loose in court. I believe Christopher Young is more concerned about earning his commission check than building trust, longterm relationships and his client's best financial interest. In fact I would classify his lending style as predatory and unethical. On a previous lease he instructed me to lie to a representative of the lease company.
This report was posted on Ripoff Report on 03/26/2009 04:20 PM and is a permanent record located here: http://www.ripoffreport.com/r/Taycor-Financial-Equipment-Leasing/Los-Angeles-California-90045/Taycor-Financial-Equipment-Leasing-Taycor-did-not-complete-the-funding-of-my-transaction-438002. 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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