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Report: #87018

Complaint Review: CIT LEASE FINANCE GROUP - CHICAGO Illinois

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  • Reported By: South San Francisco California
  • Author Not Confirmed What's this?
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  • CIT LEASE FINANCE GROUP 233 NORTH MICHIGAN AVE #1800 CHICAGO, Illinois U.S.A.

CIT LEASE FINANCE GROUP Misleading, liars, pushy, CHICAGO Illinois

*Consumer Suggestion: File your Report with FTC

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I'm shocked, but not shocked that I have found this site with several other reports about Lease Finance Group in Chicago, IL. Like so many others have reported, I started my own business (in El Paso, TX) with a business partner who was much of a con man as the sales person who sold me this Merchant machine. A machine that takes next to nothing to make!

I was lied to about canceling the lease if the business fails!

The sales agent told me, "they will let you pay like $500 to settle and you'll be done". I called Lease finance group a few months later after realizing my business partner was a con artist and a liar as well, and they would not settle at all. I was told you signed the lease you pay for it. This was back in late of 1999. I returned the machine, but lease finance group has placed a charge off on my credit report that has been there since 1999!!

My credit is perfect besides this stupid lease because I was mislead into this contract and not told the truth about the terms and when my account would be charge the monthly fee. I told her I did not want my personal account charged, but she did anyways. I quickly canceled that checking account so I would not lose any more money once I found out they would not stop charging my personal checking account.

Now, 4-7-2004, I am tring to clear this off of my credit report. I have tried to call the telephone number on the credit report, but I am routed to a voicemail box that only allows a message, but after calling the first time the mailbox is always full. I hesitate to leave a number because I do not want to be harassed. I will try a few other telephone numbers I see here to get a settlement.
Has anyone else settled their account? If so for how much?

I will NEVER do business with this company again. (not that I would have a need to)

Anyone should take warning to not sign Anything or agree to anything with any of the sales people working for this company or another bank selling the lease because they will lie and mislead you to sign the lease then you are stuck! This company victimizes small business people who are trying to make an honest living.

The email I found, listed here in this report, is part of a lease packet for Money Tree Merchant Services.
Maybe I will email this Man Willie to see what he says.

Kimberly
San Francisco, California
U.S.A.

This report was posted on Ripoff Report on 04/07/2004 09:11 PM and is a permanent record located here: https://www.ripoffreport.com/reports/cit-lease-finance-group/chicago-illinois-60601/cit-lease-finance-group-misleading-liars-pushy-chicago-illinois-87018. 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

File your Report with FTC

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

POSTED: Tuesday, June 29, 2004

Hi,
You may want to sent a complaint to FTC (Federal Trade Commission) . I did and received a response saying they don't do individual cases. However, if they log enough complaints, they will start an investigation and possibly legal action. So here is the link: https://rn.ftc.gov/pls/dod/wsolcq$.startup?Z_ORG_CODE=PU01 to the FTC complaint form. I've told many people about it, so you may want to do the same. Make sure you give specific examples or even let them know you have documentation of deceptive or misleading information. Also, if possible, please scan & send copies of these documents to me at [DELETED]. I haven't given up, but it does take a while for the squeaky wheel to be heard.

As far as CIT, here is their main site: http://www.cit.com/main/default.htm . Also, within this site, I found e-mails and have sent copies of my rip-off report, including a copy of all the complaints listed under Lease Finance Group in the Rip-Off site. Here are some e-mail addresses, you may want to send your concerns to: investor.relations@cit.com, corpcomm@cit.com, directors@cit.com,

I did get the Rip-Off Report Do-It-Yourself Guide and it did have some good steps to follow. However, it was a little lacking in the cyberspace rip-offs. I've been paralleling the thoughts or ideas in this Guide to try to apply them to the internet. For example, instead of sending faxes, send e-mails. So every web site I am interested in, I look for e-mails and make up a group listing & start bombarding them with e-mails and include my rip-off report, plus any other rip-off concerns.

I hope this helps. Thanks, G for California

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