Report: #1261894

Complaint Review: Lease Finance Group

  • Submitted: Sat, October 17, 2015
  • Updated: Sat, October 17, 2015
  • Reported By: musCor — N. providence Rhode Island USA
  • Lease Finance Group

    ,
    USA

Lease Finance Group LFG, Northern Leasing,, Gliden Eagle, a host of other names that need to cover their tracks. Price gouging, deceptive sales tactics, high cancelation fees, fraud Chicago IL

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Last year a friend enrolled me with a credit card processing and equipment company ( Lease finace Group & Payment Systems ) that offered a 1% processing rate with the promise of substantialy lowering my prossessing fee. The reality was that my  fees nearly doubled due to the added fees they add to the bill each month and a $103.00 / month equipment leasing fee (equipment that would retail for $200.00). Cacelling this program  (w/ both companies) would cost a  total of $ 5600.00 (which I was told he could cancel free at any time...another lie). Also, on researching these companies, I discovered they had substantial consumer fraud complaints even withdrawing funds without permission from customer's bank accounts. They have been sued in New York by A G's office but still allowed to operate. I believe this is a case that should  be investigated and put out of business..

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This report was posted on Ripoff Report on 10/17/2015 06:17 AM and is a permanent record located here: http://www.ripoffreport.com/reports/lease-finance-group/-/lease-finance-group-lfg-northern-leasing-gliden-eagle-a-host-of-other-names-that-nee-1261894. 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

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