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Ripoff Report | CIT Lease Finance Gr Review - Chicago, Illinois
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Report: #103352

Complaint Review: CIT Lease Finance Group - Chicago Illinois

  • Submitted:
  • Updated:
  • Reported By: Denver Colorado
  • Author Not Confirmed What's this?
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  • CIT Lease Finance Group 233 North Michigan Ave., Suite 1800 Chicago, Illinois U.S.A.

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Our company was fraudulantly coaxed into a contract with CIT by a Credit Card processing company, Transaction Merchant Services. When CIT was notified of this deception they refused to address the issue. They simply wanted their money, they had no concern to the fact that a company they affiliate themselves with works with such deceptive manipulation. When a class action lawsuit was one against TMS, CIT refused to work with our company on a reasonable solution again they simply want their money. A basic credit card machine is now costing me over $5,000.00

Tracie
Denver, Colorado
U.S.A.

This report was posted on Ripoff Report on 08/12/2004 12:34 PM and is a permanent record located here: https://www.ripoffreport.com/reports/cit-lease-finance-group/chicago-illinois-60601/cit-lease-finance-group-ripoff-con-artists-fraudulent-deceptive-un-ethical-manipulati-103352. 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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#5 Consumer Suggestion

File your Report with FTC & State Attorney General

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

POSTED: Friday, August 13, 2004

Hi Tracie,
You may want to send 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, you may want to file with your State Attorney General. 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, Just to let them know what you think of their deceptive practices....

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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#4 Consumer Suggestion

File your Report with FTC & State Attorney General

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

POSTED: Friday, August 13, 2004

Hi Tracie,
You may want to send 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, you may want to file with your State Attorney General. 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, Just to let them know what you think of their deceptive practices....

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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#3 Consumer Suggestion

File your Report with FTC & State Attorney General

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

POSTED: Friday, August 13, 2004

Hi Tracie,
You may want to send 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, you may want to file with your State Attorney General. 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, Just to let them know what you think of their deceptive practices....

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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#2 Consumer Suggestion

File your Report with FTC & State Attorney General

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

POSTED: Friday, August 13, 2004

Hi Tracie,
You may want to send 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, you may want to file with your State Attorney General. 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, Just to let them know what you think of their deceptive practices....

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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#1 Consumer Suggestion

Run Like Hell

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

POSTED: Friday, August 13, 2004

We've all heard all the stories about CIT and their leases. I've posted about how the CC companies bear some part of the blame because they are the ones who sell the paper to CIT. The one CC company that I have encountered that has been the worst of the worst is.... TRANSACTION MERCHANT SERVICES. Whenever I posted about CIT's part of the blame and the CC company's part of the blame I always had these folks in mind. In 10 yrs of business, I have never encountered such a ripoff company. Luckily I caught it before doing business with them. Talk about fine print. They are the poster child for what everyone is posting about. This is the one company that, if they call me I hang up on them without a word. So, a word to the wise, be very careful doing ANY business with this company. Good luck.

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