lfg lease finance group
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Category: Business & Finances
Contact Information
Seaside, Oregon, United States
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lfg lease finance group Reviews
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NasT35
June 23, 2010
Rip off
I leased a credit card machine at a userous rate. The lease expired last Nov. I tried to find where to send the equipment back to an how to cancel the lease, however, I was unable to reach anyone via phone. The phone rang and a machine picked up and no one ever answered. I sent a fax in January requesting information on where/how to end this. I received no reply till June and they are billing 725.00 for a machine that is valued at less than 100.00. What can I do? I see no dollar amount on the lease for equipment buy out.
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dfpools
December 10, 2008
Will Not Cancel Lease Agreement
One of my employees signed a lease a year ago for a credit card machine that we never used. My employee was talked into it by a new Credit Card merchant company and did not realize or understand what she was signing. We switched to a new credit card merchant, and never used this machine, so we called to cancel the lease. They said we could send the machine back, so we did. A month later we realized they were still debiting our account so we called, and they said we can't cancel the lease so they will still be charging us. They didn't care that we sent the unused machine back.
We then cancelled our bank account they were debiting, so they could not get paid. Now they call several times a day asking for my employee by name and are calling her home phone and sending statements to her home address. This is rediculous and can not be legal.
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October 20, 2008
fraudulant
LFG is definately very good at scamming...
My problem started back in 2003 when i signed this lease agreement. @ days later the agent who had made the agreement disappeared and was no longer reachable.
The way they get away with this is that you have to track down 12 ppl till you get the right one. Long story shoret i knew i got taken and decided to wait out the 4 years. at the end of 4 years i tried to cancel my lease by faxing in a request as specified by them, when they kept charging they said they never got my FAX. Now they said that i had to send the equipment back to get it to stop so i did that and the equipment was sent back as a refused item.
Lfg kept taking money out of my account for the next two years, only they werent taking it out of the authorized account but out of another account not autorized to them.
Finally after two years they sent me a copy of my original contract, and i noticed that out of the 4 places requiring my signature only 3 were mine the 4th was not and it was under the personal guarantee section. Funny EH!
now i put a stop payment back in june on ach with that amount so now the just process every second month.
Last week i had had enouygh and called them afain for my contract and cancellation instructions they decided to charge me 507.44 prior to me being able to comply claiming that the cnan take full payment if you are delinquint i was delinquint for 3 days because i put a stop payment.
so to recap- the equipment was 1600.00 the lease over 6 years was 6299.00 pluus a buyout of 507 for a total of 6806.00 wow where to i sign up for this kind of apparently legalized criminal activity???
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