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Report: #203292

Complaint Review: CIT Lease Finance Group - Chicago Illinois

  • Submitted:
  • Updated:
  • Reported By: OAK HILL West Virginia
  • Author Confirmed What's this?
  • Why?
  • CIT Lease Finance Group 233 North Michigan Ave Suite 1800 Chicago, Illinois U.S.A.

CIT Lease Finance Group ripoff lease transfered to my name fraud Chicago Illinois

*Consumer Suggestion: If you signed as a Personal Guarantor....

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I recently checked my credit report as I had lost my job a few years ago and want to get my credit back on track. I had a bad go around with Capitol One and knew that my credit scores would be low as a result.I found that my credit is close to average with scores around 620-660, but I have a deliquent amount of $975 with a past due of $293.


I found that the acoount name is CIT Lease Finance Group and I had no idea who this company was. After doing several searches, I have figured out what has happened. My old employer used CIT Lease Finance Group credit card terminals and I guess I was the poor soul that signed the lease. I lost my job when my employer went out of business and these dirty scum transferred the lease over to my name.

Keep in mind that I had no ownership or shares in this company and simply signed the paperwork as I am sure many of you have done at your own jobs upon delivery of equipment.

Jonathan
OAK HILL, West Virginia
U.S.A.

This report was posted on Ripoff Report on 07/27/2006 08:20 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-lease-transfered-to-my-name-fraud-chicago-illinois-203292. 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

If you signed as a Personal Guarantor....

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

POSTED: Monday, August 13, 2007

If you signed the Lease Agreement as a Personal Guarantor, you are personally responsible for the payments, regardless of what happens to the company you work for. It's just like co-signing on a car for someone. No matter what happens between you and them, you are still personally responsible for making sure the payments are made.

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