ED Magedson – Founder
Why Not Lease It & Sears1750 Elm Street Suite 1200 manchester, New Hampshire USA
Why Not Lease It & Sears Modern Scam Artist Manchester New Hampshire
Total ripoff. I was under the impression that I was leaseing to own an electric range from Sears through their lease to own program with Why Not Lease It. The printout Sears gave me is different from the paperwork WHLI email you a few days later. After reviewing the paperwork you have to lease your products over a minimum of 5 months. After that you have a buyout option or a continue to lease option and it had 4 more due dates on it. So the last date had June 13, 2014. So I contacted them today to verify my dates and then I was inform to buyout for $206.53 after I paid $121.66 to sears fot startup fees and first month payment. and $31.29 bi-weekly since then. So if I keep the stove and don't buyout I will have to continue LEASING the product withour ever owning it and pay $31.29 bi-weekly. After explaining to the lady Sears reciepts and their paperwork don't explain the same and that the three employees helping me didn't mention anything about a buyout or lease only. They said lease to own program. If that was told to me that day I would have never agreed to enter into that agreement. I feel so ripped off because I will have paid them at the end of the 5month $455.47 and if I pay until June $529.62. Having no raise on my job for 4 years and cost of living in America why con hard working people. They need to be stopped.
This report was posted on Ripoff Report on 03/25/2014 09:25 AM and is a permanent record located here: http://www.ripoffreport.com/r/Why-Not-Lease-It-Sears/manchester-New-Hampshire-03104/Why-Not-Lease-It-Sears-Modern-Scam-Artist-Manchester-New-Hampshire-1133444. 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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