Complaint Review: Lease Finance Group, A Division Of CIT - Chicago Illinois
- Lease Finance Group, A Division Of CIT 233 N. Michigan Avenue Ste. 1800 Chicago, Illinois U.S.A.
- Phone: 888-321-2307
- Web:
- Category: Credit Card Processing (ACH) Companies
Lease Finance Group, A Division Of CIT Check verication / authorization machine lease 48 months. Returned machine after 50 mos. Continue to hound for more paynments Chicago Illinois
*Consumer Comment: these parasites had my wife in tears twice...
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My small business was approached re: check-verication service. It involved leasing a a pos machine. I leased the machine 8/27/03 for 48 months. The company INTEEGRITY was to intercept "hot checks" from my bank, collect on them, and reimburse me - guaranteed for the face value of the checks that had been verified. I can count on one hand the number of checks for which we were reimbursed. Now that my business has closed guess I won't see any more reimbursement, even if they collect.
I closed my business 9/30/07 and contacted the customer service for Lease Finance Group. November 5th, I called telling them I have no need for and didn't want to purchase the machine. I was told I could return the machine. (which I did that week). They continued to submit drafts on my checking account, causing other things to bounce.($135 in bank charges.) I have closed the bank account since.
When I called them I was informed since I didn't close out that lease after 48 mos (I guess August 27, or September) I am obligated to pay the $68 monthly for another year. The only contract I have ever been given is the one stating my account would be debited the 25th day of each month for 48 mos. If there is another contract they are holding, I have never received a copy.
They have contacted me by mail for a voided check so they can debit another account.
Judith
Conroe, Texas
U.S.A.
This report was posted on Ripoff Report on 01/22/2008 10:05 AM and is a permanent record located here: https://www.ripoffreport.com/reports/lease-finance-group-a-division-of-cit/chicago-illinois-60601-5519/lease-finance-group-a-division-of-cit-check-verication-authorization-machine-lease-48-m-302315. 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 Comment
these parasites had my wife in tears twice...
AUTHOR: The Swede - (U.S.A.)
SUBMITTED: Tuesday, January 22, 2008
lease finance group llc. have had their chocolats. my experience with lease finance group led me to call the feds for help, they told me it was a civil matter im of the opinion its extortion, laced w/criminal fraud. soooooooo just what are my tax dollars actually paying these people to do? that's a crime in and of itself, card services actually uttered a voided check, my bank has indicated that all i have to do is press charges, and they themselves will pursue them for fraud. i am savouring this moment and have not done anything. im thinking damages,etc. hey mr. two desks and a telephone care to tangle with a bank? we'll be in touch now Y'hear,
the swede


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