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Ripoff Report | CIT Lease Finance Gr Review - Chicago, Illinois
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Report: #184101

Complaint Review: CIT Lease Finance Group - Chicago Illinois

  • Submitted:
  • Updated:
  • Reported By: Hamilton Ohio
  • Author Confirmed What's this?
  • Why?
  • CIT Lease Finance Group 233 North Michigan Avenue, Suite 1800 Chicago, Illinois U.S.A.

CIT Lease Finance Group ripoff Chicago Illinois

*Consumer Suggestion: Contact the Consumer Protection Division in Illinois

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Like everyone else that has reported CIT, our experience is no differetn. My wife signed a lease and the business is now closed. We have tried to work with them to understand what it would take to make it go away, and have received the same threats: Pay us everything we want or we will ruin your credit. Further, they would not tell us the details of the financial arrangement, ie. the amount paid for the credit card machine and the interest rate, but rather became very angry when we asked the questions and refused to provide any other information. Again just making threats, which we call extortion.

Greg
Hamilton, Ohio
U.S.A.

This report was posted on Ripoff Report on 03/30/2006 11:42 AM and is a permanent record located here: https://www.ripoffreport.com/reports/cit-lease-finance-group/chicago-illinois-60601-5519/cit-lease-finance-group-ripoff-chicago-illinois-184101. 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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#1 Consumer Suggestion

Contact the Consumer Protection Division in Illinois

AUTHOR: Glen - (U.S.A.)

POSTED: Monday, April 10, 2006

The same has happened to a client of mine. After weeks of trying to 'negotiate' with the company over the phone and by mail, we complained to the Attorney General of Illinois, sending our complaint to the Consumer Protection Division. We discovered we were complaint number 185. This resulted finally in a 'settlement' offer from the company. You should document all the calls you have made to the company and keep records of any bills and letters you exchanged, then package it up and send it off to the AG's office. Also notify the credit reporting agencies of any possible negative reports regarding the matter. GOOD LUCK.

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