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Report: #368010

Complaint Review: LFG LEASING COMPANY - Chicago, Illinois

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  • Reported By: pittsfield Massachusetts
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  • LFG LEASING COMPANY LEASE FINANCE GROUP LLC/ 233 North Michigan Avenue Chicago,, Illinois U.S.A.

LFG LEASING COMPANY The company LFG had been deducting $93.00 out of my account for the past 10 years for a terminal I have sent back years ago. Chicago, Illinois

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Ten years ago a salesmen from Concord EFS came into my restaurant to try to sell me a new credit card machine as well as a new company to go with. I read his contract and it said month to month lease. I showed this part to the salesman and he said yes only for 12 months then it is a 0ne dollar buy out and the machine would be ours. I said I did not want to lease anything I would rather buy it out right, and he said that is what I was doing, so I agreed.

Well after one year the terminal broke I called my company and they said send it back to us and we will send you a new one. So I bought the other one they sent me out right and the company sent me a box and a mailing label to mail it back to them. After 3 accountants I looked at my statement and could not believe LFG is still taking my money for a machine I sent back years ago. To be exact over 11,000 dollars. I called them and they said I was suppose to call and cancel the lease after one year and if I want it stopped I will have to pay them another $488.00 I was furious ,I said okay I do not mind paying for what I signed on for, I will pay you the $488.00 when you give me back my $11,000. Now no one told us to do that and the salesmen is no longer working with concord efs.

Now I never checked the address to the box they sent me it could of said lfg or concord efs and both say they cant track it. But I assumed it would go back directly to the company. i will have to turn my life upside down and close my account which has alot of activity and is my link to running my business. I need some help and I am going to contact my lawyer, and would appreciate anyone with any advice. This is driving me crazy!!! I never even knew a leasing company was involved.

Sherry
pittsfield, Massachusetts
U.S.A.

This report was posted on Ripoff Report on 08/28/2008 05:57 PM and is a permanent record located here: https://www.ripoffreport.com/reports/lfg-leasing-company/chicago-illinois-60601/lfg-leasing-company-the-company-lfg-had-been-deducting-9300-out-of-my-account-for-the-pa-368010. 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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