Lease Finance Group LLC

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Category: Business & Finances

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United States

Lease Finance Group LLC Reviews

Austin May 12, 2011
Rip off
I have already read many reports on Lease Finance Group at this site and would like to add my story to the growing list of people who have been ripped off by LFG. They reportedly have moved all of their offices, including the Chicago office to New York City. My contact with them has primarily been through their old Chicago office. That phone number is now diverted to New York. I need your help if you have been ripped off by LFG and would like to do something about it. I have sent them a demand letter to be followed by a filing with the small claims court here in Southern California. To help make my case, I need some witnesses to come forth. If you live in Orange County, you would be near enough to be of a help in testifying against LFG during my day in court. I will be filing my case on or shortly after May 15th, 2009 in Santa Ana, Ca. I feel unless someone starts taking these guys to court and getting some positive responses from the judges, they will continue to rip off new business owners, or those who have been in business for awhile but are taken in by their representative's lies and shady dealings when it comes to contracting with LFG. They do not care about you, the small business owner, and if you have been ripped off by them, you know what I mean. They did not make any effort to take a settlement amount of anything less than the full lease. I never used the machine that they sent and returned it to them. I tried to offer a settlement after having paid on a terminal for over a year. That is when I found out that one could be purchased on the internet for between $129 and $169 dollars, same model as LFG leased to me. They want me to pay over $3, 000 for that machine!. Anyway, I am asking for your help. I could use at least 2 to 3 certified letters stating your situation with LFG and how they dealt with you specifically. If you live in Orange County or nearby, I could use your testimony on my day in court. I've been advised that a class action lawsuit is a waste of time with them, but small claims court appearances are the way to deal with them. If they have tried to bring you to New York and you live in another state, I have been advised that you don't have to go to New York if you initiated the contract lease with them in your state. You can make them come to you. But, rather than wait for them, I am taking them to court. In my eyes, they are treacherous to work with, play games on the phone, use phony names, are rude, hang up on people, yell at us when we call in, etc. You all know what I mean. So if you can help, I would deeply appreciate it. Your story doesn't have to be too long, just provide your name, some dates, dollar amounts, how you got any differences resolved, if you did. I filed my papers with Lisa Madigan's office, but now that they have packed up and moved from Chicago, I would doubt that her office is going to be able to do much of anything. I could be wrong, but I haven't heard back from them for awhile. Thanks for reading this, if you have any court appearance feedback, I would love to hear about it, or any other advise that you have been given that may help my case with LFG.
Cathy Evans March 21, 2011
Crooks
After reading several online complaints of fraud concerning Lease Finance Group LLC, glad to know I'm not the only one who's been misrepresented!

Equipment provided by LFG never worked properly with my business but I continued to pay a monthly fee. I was forced to close a business account so they could not continue to charge me along with another credit card processing company I also had in force. Sales person who sold me the contract has since resigned and is willing to validate the facts against TMG/LFG that they are crooked!
longwood florist February 2, 2011
fraud
summit merchant solutions set me up with lease finance group llc, Oct. 21, 2009 I canceled service with them 11-17-09 and returned the credit card machine to them. lease finance group kept withdrawing money from the company bank account. after numerous phone calls and faxes to the company for them to stop, I closed the bank account 12-2010. Then the harrasing phone calls poured in at work and home, plus they're sending bills to both address's. How is it so EASY to SCAM, FRAUD & UNDERMINE people and get away with it??? I have also filed a complaint with the Office of consumer affairs against Lease finance Group.
Joyce Rinehart July 20, 2010
Fraud
I was the bookkeeper for 4Wheel Custom, because I took all the calls regarding money, LFG attached my name to the machine. When 4wheel Custom went of out business LFG changed the name on the account to mine. The machine has been sent back some 3 years ago, but they continue to call me and send me letters. Not even calls from the owner of 4Wheel Custom or his attorney have any effect. I just received a bill for $4371.64 and was informed that I was in default of MY lease agreement. I called them back and told them once again that I was not the owner of the account, LFG says I am. What do I do. I was only suppose to be the contact person.
Ice Queen Angel March 29, 2010
Bad Business
I had started a small salon & spa, I was Contacted one day by a Man who Rep. himself working for Chase bankof America with A fake bus.card and fake letter heading on the Paper work I signed only to find this out the next day when I called Chase who said we dont have any one who works for us with that name .so then the fees started coming out of my acct, so I closed my Checking acct then I got Phone calls and letters I was very mad, But being a new Bus, I didnt want anything to look bad so I tried to just pay them off. I called 3 diff #s and none of them work??????? so the Letters have stopped But now theres a judgement out for more money Then the lease that I have copy of Are they a Bad business Yes I do Think So Please be careful of Fraud its cost me alot to fight this and I feel You should all know .
Jcrunningbrook March 17, 2010
Reporting I still owe and was late fighting for 4 years!!
In 2006 my lease ended with these guys. I made my final payments which THEY MISPLACED. I finally spoke with Parissa Tadayon who solved the problem and closed my lease. Now they have been reporting that to all three credit agencies that I still owe them $250 and I was late on my payments. When I call they are rude, nasty, and hidious people. They tell me I have to file a dispute each time I call. They talk over me when I explain I have filed a dispute and LFG keep verifying the information. These people are a horrible nightmare and have NO MORALS or ETHICS and need to be shut down. I don't know what else I can do besides let people know to avoid them at all costs!!
nostos February 26, 2010
thieves
this company took $4500 out of my account for a lease of a credit card machine. i didn't even know i was doing bussiness with this company. the representative of the credit card company omitted to tell me. the credit card company "summit merchant solutions" refuse any connection with lease finance group but of course they do bussiness with them and their sale reps sell lease finance group products too. they are in the scam together. and they are very very predatory. do not- for any reason- do not do any bussiness with these companies
SUSAN V.OWENS February 23, 2010
AUTOMATIC WITHDRAWALS
lEASE#173429
MY CAFE WAS CLOSED TEMPORARILY IN OCTOBER AND I HAVE NOT WORKED SINCE OCTOBER 1ST, 2009. I KNOW I MADE AN AGREEMENT WITH THE LEASING COMPANY TO WITHDRAW THEIR MONEY FROM MY BANK ACCOUNT. BUT SINCE OCTOBER I HAVE NOT PUT ANY MONEY INTO THE ACCOUNT AND AFTER NUMEROUS TIMES EMAILING THE COMPANY TO STOP ALL TRANSACTIONS THEY CONTINUE TO TRY TO RECEIVE MONEY FROM AN ACCOUNT THAT HAS NO MONEY IN IT. THEY NEED TO STOP ALL WITHDRAWALS SO THAT I CAN CLOSE THE ACCOUNT. I WILL BE GETTING ANOTHER ACCOUNT IN ANOTHER BANK BUT NOT BANK OF AMERICA.AND BECAUSE OF THEM DEBITING MY ACCOUNT THE BANK IS CHARGING ME A FEE WHICH IS NOT RIGHT. SO AS OF WEDNESDAY FEBRUARY24, I WILL EXPECT TO SEE NO MORE TRANSACTIONS BEING MADE BY LEASE FINANCING GROUP. WHATEVER AMOUNT I OWE THEM I WILL PAY THEM WHEN I GET MY FUNDS. HOPEFULLY MY CAFE WILL BE OPEN VERY SOON AGAIN AND WOULD LIKE TO CONTINUE WITH MY EQUIPMENT LEASE. I WILL LET YOU KNOW WHEN I REOPEN. OKAY? SO PLEASE STOP DEBITING FROM MY ACCT.
bigfootpcs-oregon January 22, 2010
Credit Card Processing Nightmare
I am the owner of a computer repair shop in Veneta, Oregon. A little over a month ago, a representative of this company came into my office and promised me a positive experience with this company in helping me to process credit cards in my shop. Since that time, I have had nothing but headaches, and unanswered questions. I was told that I would only be charged around $50 per month, and I would be told ahead of time, what date I would be charged, so that I knew to have the funds available. That failed to happen. I was hit with charges right away into my account, resulting in several overdraft and insufficient funds fees. I made only one transaction into the account, using the machine, which funds I never got to use, because it was never available because of all the charges made by the processor, and all the subsequent over draft fee’s that were generated as a result of
these charges. Then the account continued to be hit by further charges that were unexplained to me. The representative refunded me $100 in cash out of his pocket to offset this issue, but that did not even come close to reversing the large negative balance, nor put it into the positive close to $200 where it should have been. I have called and left messages with this guy, and most of the other companies involved with this company that I no longer wish to try to work with any of these institutions in order to process credit cards. As of
yet, no one has returned any of my calls. I want this policy canceled and I feel that they have breached the contract, not me. On top of everything else, our account was just hit again today for the ridiculous amount of $667.15, putting us into the negative -$404, before further overdraft charges and insufficient funds fees! This
is after receiving a letter that they are going to charge me $769.25 with absolutely no explanation as to why I am being charged! So far i have gotten bills from 4 different companies associated with this stupid credit card machine! What the f*&%#! Lease Finance Group LLC, First American Payment Systems, Woodforest National Bank, & Merchants Choice Payment Solutions! I keep seeing things in the paperwork that also says Transtech, plus the rep had his own company name that i cant even remember now. We have gone to our Bank, and challenged all of the charges and instructed them not to allow any more charges to go through. Please tell me how to return the equipment and end this nightmare. If someone does not make this right, I am going to contact the Better Business Bureau, and any other authoritative agencies that I can find, as well as take legal action.
Carriage Rebuild, Inc. March 30, 2009
Fraudulant
This company is predatory. Avoid them at all costs. Which is hard to do because the sales representative from the credit card processing company is the one that scams you into signing with LFG. Then they claim to have no association with the lease company. I wonder then, how did LFG get my paperwork? These people are very good at their scam with their “Non-Cancelable Lease”. What the hell is that? Who in their right mind would ever, knowingly, sign a non-cancelable lease for anything?! I, and the hundreds of other people that have fallen victim to this vermin, may be ignorant, but it is clearly a fraudulent practice. WHY HAVE THEY BEEN ALLOWED TO CONTINUE VICTIMIZING PEOPLE?!?! Please write the Illinois State Attorney General and file a complaint if you have fallen prey to this group of vile individuals.

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