• Report: #619994
Complaint Review:

Ladco Leasing / Ladco Financing

  • Submitted: Sun, July 04, 2010
  • Updated: Sun, July 04, 2010

  • Reported By: Randy — Zephyrhills Florida United States of America
Ladco Leasing / Ladco Financing
555 Saint Charles Drive Thousand Oaks, California United States of America

Ladco Leasing / Ladco Financing screwed me for over 7 years Thousand Oaks , California

REBUTTAL BOX™ | Respond to this Report! | Consumer Comment

What's this?
Corporate Advocacy Program

Show customers why they should trust your business over your competitors...

What's this?
What's this?
Is this
Ripoff Report
About you?
Ripoff Report
A business' first
line of defense
on the Internet.
If your business is
willing to make a
commitment to
customer satisfaction
Click here now..

Does your business have a bad reputation?
Fix it the right way.
Corporate Advocacy Program™

Set the record straight:
Arbitration Program

SEO Reputation Management at its best!

Back in 2002 I owned a bar & grill in the Tampa Bay area. When I took over ownership someone representing "Ladco Leasing" came into the bar and wanted to sign me up to save money with a leasing machine. I explained to the genleman that the business was up for sale and that I wasn't intetrested in signing up for anything as I wasn't sure how long I was going to be there. At that point I was told that the cost would be $85.00 each month and that I would be able to cancel at any time and the most the penalty would be was for payment up to three months.

Needless to say, after approximatly 14 months of paying this machine and a cost to me of ($1600) for a machine that if I was to purchase outright would have only cost me approximately $300. With the business now being sold the new owners didnt' want to deal with Ladco as they had their own machine, I certified mailed back to Ladco their equipement which was signed for by an employee. Once this equipement was recieved by them it now offers them to lease to another "sucker".

After Ladco recieved the equipment from me, i received noticed from them that they now wanted me to pay for the equipment in "full" which at the time they were asking for a total of $3,000 as now they were telling me that the contract was "non cancellable".  After I've attempted several times via phone calls to Ladco to resolve a settlement at a reasonable cost to me, they failed to even accept any offer. Still requiring their "full" payment.

I have come to find that even after all this time, they have since sold the debt under another Ladco name and show it on their records as not being satisfied. To this date, my credit has been ruined due to such a corrupt company.

Now since tring to apply for any kind of credit (ex: refinance, car...) they are now showing not one but two outstanding loans now totalling over $6,000! 

I am so fed up with everytime I turn around this company is such a f**k up they are now screwing with my credit and hurting my family.

It seems by reading all these posts someone needs to help us all out.

If anyone can recommend something, it would be most appreciated.

Who we can write, call anything!!!!!!!!!! I am at the point were getting screwed is enough by this company.

This report was posted on Ripoff Report on 07/04/2010 07:03 AM and is a permanent record located here: http://www.ripoffreport.com/reports/ladco-leasing-ladco-financing/thousand-oaks-california-91360/ladco-leasing-ladco-financing-screwed-me-for-over-7-years-thousand-oaks-california-619994. 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.

Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

Click Here to read other Ripoff Reports on Ladco Leasing / Ladco Financing

Search for additional reports

If you would like to see more Rip-off Reports on this company/individual, search here:

Search Tips
Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?