Complaint Review: Lease Finance Group, LLC - Chicago Illinois
- Lease Finance Group, LLC 233 N Michigan Ste1800 Chicago, Illinois U.S.A.
- Phone:
- Web:
- Category: Credit Card Processing Companies
Lease Finance Group, LLC Delivered unusable equipment, sold me a $45 monthly payment, but debited $120 each month, I returned the CC processor and they are still trying to collect $3342 Chicago Illinois
*Author of original report: BBB obtained a copy of contract and it was FORGED!!!
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I started a janitorial LLC in 2001, I attended an education seminar for increasing sales, and they had a guy pitching mobile Credit Card Processor (CCP). He made a lot of promises that it would pay for itself or I would get my money back, and free trial stuff, said it would be a total cost of $45 per month. I signed the paperwork on the spot, he said he would mail me the contract once the servicer is located? He called a day later and wanted to know if it was ok to charge me $65 per month instead but assured me it would pay for itself, I said ok but I wanted to see the contract and it never arrived.
The CCP came in the mail and did not work, I sent it back, they sent another and it did not work, I think the fourth return I finally was able to process one cc. By then 4 months had passed and they were debiting about $135 per month from my bank account. I said It was not working and I wanted to return it and cancel my policy with them but they refused said I was locked in for 2 years.
Over that time period I was only able to process a Credit card for 5 total sales, because the CCP rarely was within a mobil range to process. I sold out to my partner and he returned the CCP on the 2 year anniversary and the company thereafter reported a charge off to my credit report. The debt Collector for Lease Finance is Metropolitan Adjustment Bureau, they said last year that they could settle for $900 but are now demanding full payment. I have asked for documentation of my contract but no company will produce it.
Phil
phoenix, Arizona
U.S.A.
This report was posted on Ripoff Report on 06/02/2008 02:18 PM and is a permanent record located here: https://www.ripoffreport.com/reports/lease-finance-group-llc/chicago-illinois-60601/lease-finance-group-llc-delivered-unusable-equipment-sold-me-a-45-monthly-payment-but-336436. 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 Author of original report
BBB obtained a copy of contract and it was FORGED!!!
AUTHOR: Phil - (U.S.A.)
SUBMITTED: Wednesday, June 11, 2008
I have just filed a police report and will be seeking criminal and civil charges against Lease Finance Group. I filed a complaint with BBB and was able to get a copy of the contract. I have been seeking a copy of this since fall of 2001...IT WAS FORGED! They even spelled my name wrong! I guess that explains why they refused to send me a copy of the contract all these years. I will be asking for a return of all of the money they took from me by making me think that I had a legal obligation to pay. As well as punitive damages.


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