Even though my lease has ended in 2006 and paid in full they are reporting to the credit agencies that I owe them 250 and I was late (even though they lost my payment and found it later). They will not take care of the problem and my credit is getting ruined. I have filed disputes but LFG keeps verifying the information. I checked the BBB and they have hundreds of complaints and are rated at an F. When I call they talk over me not letting me finish a sentence, they constantly forward my phone call because they don't want to deal with it. When someone takes the call they tell me it's out of their hands, even though they are the ones who are reporting it and verifying the balance "owed" and being late!

I was scammed into this rediculous lease for a bundle over 60 months. I am 10 months into it and closed my account on them, then told them they arent getting another dime from me.
Are they going to ruin my credit? Their office is in New York. Can anybody give me help to resolve this.

In Nov. of 2005, I was contacted by American Paywise and entered into an agreement for credit card processing. The equipment I was provided with came from Lease Finance Group. Soon after, I put my business on hold. I launched my venture last week and attempted to put charges through without success. I called merchant services (National Processing Center). They said my machine was no longer compatible and hadn't been usable for the past 3 years. I have been paying every month since 11/05. I called the leasing company for a new machine. They said the only thing they could do was send out a machine exactly like mine as a replacement. Why would I want another unusable machine? There is no one there I can talk to, no supervisor, nothing. I was told there would be no refund. This business has to be stopped. Are there any class action suits being put together? They should not be allowed to prey on small business owners without some form of accountability. Please help!

LFG has been taking money out of our bank account saying that I have a contract with them when I've never even seen a contract from them. I have tried calling them and they tell me the same thing that we have to buy out the contract or send back the machine. Well I don't have a machine and they say the contract was signed in 2004 for 48 months. They won't let me talk to anyone any higher up they either send me to voice mail and I leave a message or they hang up on me. They even asked me what my bank account number was they already have it or they wouldn't be taking money out. I need to know how to get rid of these people. I have stopped payment 3 times in 1 month through my bank and they are still trying to get whatever money they can.

On June 17th 2005 a person by the name of Jenny Cason came to my business location stating she represented "NPMG- A registered ISO/MSP of JP Morgan Chase". She attempted to sell me credit card processing services to which I was interested. We started to fill out the paperwork and she began to gather the necessary information from me and only after this point did she state I would need to purchase a machine from her at $129 per month. I declined the offer because I already had a system and the two systems (mine and hers) were not compatible. Again, at this time and prior to signing anything, I declined the offer.

I had provided my name and financial information for qualification purposes but I never signed a contract. In fact, on June 18th 2005 I faxed a letter to Ms. Cason stating she was not to use any of the information provided as I realized at that time she had taken personal information and documents with her, including a voided check. The reason I got suspicious was because I tried to reach her at the number provided on her business card and the phone number would loop me through various voicemails, none of which belonged to her. At this point I began to suspect illegal activities. Immediately I faxed her a letter to the fax number provided on her business card stating what happened and that I do not authorize use of my personal information by use of her company. I have documentation relaying this information as well. (Copies, fax logs, etc.)

Next month I noticed debits made to my account by a company by the name of National Proc, which was making withdrawals on behalf of Leasing Financial Group.

On June 28th 2005, CIT Financial USA, Inc. d/b/a Lease Finance Group mailed me a letter stating they planned to debit my bank account on a regular basis for a term of 48 months. I sent them a letter stating that I had never signed an agreement, do not have a copy of a contract, I am not receiving services from their company, nor did I receive product. As it turns out, on June 27th 2005 this company had already debited my account, so their letter was in fact, mailed after the fact.

I contested the charge with my bank and froze my account so further withdrawals could not be made. I now find that this company attacked my credit score by allowing a third party collection agency to purchase a debt that should have never existed. The Metropolitan Adjustment Bureau purchased the debt and are being accused of poor business practices, by myself, as well.

Also, doing my own research on LFG, I have determined that this is a common scam set up by the company as there are nearly 1000 BBB files on them and numerous reports at RipoffReport.com, www.yahoo.com, etc. if you are interested in further information. In fact, I am not the only person to claim one of the agents is responsible for forging signatures with the company following through on these false cases.

Additionally, when you call the receptionist you are never transferred to a real person, I am always transferred to a voicemail, a fax line, or given a number that does not seem to exist. I would like this taken care of, but no one seems to be very helpful at all. Hopefully the BBB plans to handle this and forward their investigation to the proper authorities (The Attorney General's Office, Federal Trade Commission, etc.) in order to stop this company from doing business like this.