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Report: #1291485

Complaint Review: Lease Finance Group - Chicago Illinois

  • Submitted:
  • Updated:
  • Reported By: Looks of Shear Elegance — Blue Springs Missouri USA
  • Lease Finance Group 233 North Michigan Avenue, Suite 1800 Chicago, Illinois USA

Lease Finance Group division of CIT, Northern leasing Systems,MBF Leasing, Golden Eagle LeasingLease Source-LSI, LLC Entered into a 48 month contract for lease of credit card equipment. They with drew lease payments starting in November of 2003 through February of 2016. A total of 148 lease payments on a contract that was to be for 48 months. Chicago Illinois

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On November 4, 2003 I entered into a lease agreement with Lease Finance Group that authorized them to debit my checking account on the 31st of each month the amount of $82.12 + taxes for 48 months, $89.32 per month.  They continued to withdraw the lease amount until I changed bank accounts in March of 2016.  They have withdrawn from my account 148 times.  I had to change my bank account in order to get them to stop.

I have attempted to contact them via phone and each time I start describing what I am calling about I get transferred.  Once transferred I am sent to a voice mail box.  I have since done extensive research on this company and know that they are a major rip off.  By my calculations they have charged me $89.32 for 148 months.  The lease amount would have been $89.32 x 48 months, or $4,287.36, which in itself is ridiculous, but they charged me for an additional 100 months or $8,932.00 more than my contract.   

This report was posted on Ripoff Report on 03/03/2016 03:02 PM and is a permanent record located here: https://www.ripoffreport.com/reports/lease-finance-group/chicago-illinois-60601-5519/lease-finance-group-division-of-cit-northern-leasing-systemsmbf-leasing-golden-eagle-l-1291485. 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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