Lease Finance Group [LFG]
Reviews and Complaints

asking for equipment not in lease to be returned before closing acct they keep charging my acct can not get rid of them and very rude on phone

ref # 1509373 I guess no one gets results I can not close my acct until I send them equipment I never recieved

There are enough customers complaining with the same harrassment and stories that we can ban together and override this huge monster.
What LFG, LLC is doing should not be allowed to continue. I will be glad to take your names and numbers and combine a list of people willing to fight this fraudulent company! There will be no charge to you for me to put a contact list together. I am representing a client and we would like to have your support and cooperation in our investigation. You can have our list by providing your story and your correct address for further information. Thank you for your help in stopping crime from destroying small businesses in America.

Farrar.Investigations@gmail.com

I too leased equpiments from them, they ripped me off, we I cancelled the service due to errors etc they reported me to a collection agency I used an attorney but he said
a company this large would cost a fortune to fight so we settled a ' the break of lease' for $700.00 they wanted $1, 000.
They reported this to all the credit monariting agencies and destroyed my credit reporting from 750 to 575.

I do not understand why a company with hundreds of complaints does not get into trouble if it were you or I
we would be in Jail!
If ever there is a class action taken against them I would sign up.

I really wish an attorney could help all of LFG's dissatisfied customers. I can't believe a company could be such a scam. BankCard USA Merchant Services, Inc. in Westlake Village, California put my business in a non cancellable lease in Nov. 2007 with LFG for 48 months. I am locked into this lease paying $89.99 a month for a credit card terminal that has some other business's info programmed into it, therefore, my credit card processing company cannot override that program and LFG has no idea where the terminal came from even thought they sent it to me, which has been one of many replacements. BankCard USA was totally useless and acted like this was my fault, so I found another company to process my transactions. I am using one of their terminals, yet I am stuck in this lease with LFG paying for an unusable terminal for another 2 years. If anyone can be of help to me, please contact A.Schwartz at [protected].

Mr. Lopez,

I too am in the same boat as you are. My story is identical to yours. I just recieved a letter stating that I will be summoned to court. Im tryin to contact some attorneys that I know an ask if this is legal. I never would have known that this would cause so much grief. The bad thing about it is that i returned the machine a year and a half ago, now they are acting as if it was never returned at all. This is so frustrating that I'm needing to take some time off from work to sort through this whole ordeal mentally. It just seems as if they can get away with murder. If i hear of something i will be glad to keep you updated. Good Luck!

Same thing first of this year took over the lease was told nothing about a 60 month lease told I could get out of it! Now they have a charge off on my credit! Can't get a loan for my business and they are treating to sue me . I have lawyer told me we will try to settle with them! No they misrepresented and lied ! I want to sue them

pleas join to my group in facebook: lease finance group scam/fraud.
we going to a public lawsuit pleas join to us and explain your situation
on the group page.

My business shut down 8 years ago, only 3 months after opening. I paid off my lease sent back my machine and never heard another word...until last week. There was a $1400 ACH withdrawal on my bank account. Now, there is nothing on my credit from them (because this was rectified years ago) I have had the same bank account the last 8 years and they never tried to withdrawal a dime until recently. It is obviously fishy because if I infact still owed them money (which I don't), having my banking information you would think they would have went after it yearssssssssss ago and put something on my credit report. I haven't even gotten letters in the mail. No contact with this company at all in 8 years. I called my bank told them it was an unauthrorized transaction. They refunded my money. After reading about LFG online I closed my bank account. I tried calling LFG the day it happened, I was told I needed to speak with Wendy Civil [protected] Ext 6442). I called and left messages and didn't hear back, I was giving them the benefit of the doubt this was an error. After reversing their transaction I got a call from them today go figure. I proceeded to tell them I got my money back and didn't need her assistance. Boy was she ever mad. Try to get the funds back from your bank, no court in their right mind would take their suits seriously. 8 years and nothing on my credit, and even if it did end up there, dispute it and make them send proof of debt, THEY DONT HAVE IT! Good Luck LFG your going to need it, everyone is onto your SCAM!

Read my posts. Get in touch with me. I will help you...

I need help bad this company has ruined my life they have forged my signature and when I have given them all the proof they still wont stop harrasing me. I am in canada. I signed a contract with them to recieve a machine with them and they told me I would recieve it within 2 weeks but unfortunately I had to close my restaurant. They claim that they sent the machine but when I ask them for the proof of delivery it was sent a year later and someone signed my name. I have letters from the owner who I had rented the restaurant from stating that I was no longer on the premisses and the lfg documents are all wrong the dates are wrong they have taken over 500$ from my account now its closed.
What am to do? Can someone help me?
When I spoke the person from LFG (he is from New York I am from Montreal Quebec, Canada) He told me that I would have to go to court there. Is this a f**kin joke. If someone can help me or give me advice call me [protected]

I have submitted report, I know it's early but they still keep calling and telling me it's my last chance to get out for $4000. It keeps going higher and higher. Did you go through this?

File a forgery report with the local police and submit that with any paperwork you receive. Also follow what Jason says to do he and I both got out of our "contracts" but it was not easy

No--THey won't do anything. YOU, , , , Yeah U... have to file the complaint with the attorney general. This problem with LFG will not go away. Mine went away after 25 months. be prepared. you must stay in this for the long haul. if you need help call me...jason hitch 217.344.9179

I am one of the victim of this company too. A Sale representative from credit card processing company (merchant Services) call "PAYMENT SYSTEM" in California. This is their address
700 S. Flower St. #1460
Los Angeles, CA 90017
[protected]

The sales man name "Greg Deel" who came to me to asked me to do merchant services with him. I was a new to the credit card processing so I asked him do I have to buy your machine or lease. He said absolutely no. His company will provide free to him - that sound pretty good so I sign up the service with him to his company. He promised me 3 things which I don't have to worry about it. Any thing just call him. This is what he promise
1. No equipment purchase or lease
2. with in 30 days if I don't like his company's services call him to cancel it and he will come and take his machine.
3. He will cancel my previous Merchant services and pay the $500 cancellation fee.

I process for 15 - 20 days and I don't like it. because it does not do me any better or saved me as he said. I called him to cancel it but I order me to do exact what He expected me to do. He said if I don't do that don't call him any more. I then stopped calling him so I called the company direct but no solution at all. I was ended up with paying the previous cancellation fees, Paid the cancellation with his company, paid the Equipment that he said FREE to me. The equipment WERE not free, it is from a third party company "LEASE FINANCE GROUP, LLC) which was not cancellable contract. I won't pay Lease Finance after 4 or 5 months that they took from my bank account. I put a stop to my account. I kept getting harassing phone call from Lease Finance every other weeks demanding for payment or they will bring me to court. I demand the name of the person who come to do the contract. They did not tell me. I consider this lease is fraudulent because I was not know at time of signing the paper that it is lease and the lease is non-cancellable for 4 or 5 years.

IS ANY ATTORNEY OUT THERE WANT TO TAKE THIS CASE I WOULD LIKE TO TAKE CONSIDER TO PURSUE LEGAL ACTION AGAINST THESE COMPANIES . IF YOU ARE VICTIMIZED OF THIS SCAM, I WOULD LIKE TO HEAR FROM YOU SO WE CAN DO A LAW SUIT ANY THESE CROOK COMPANIES. E-MAIL me at bhawj@yahoo.com

Thank you.

My story same as Susana McArthur. My store closed in Oct 2010 . . due to not making money or I'd still be in business. Harrasing me and paid them money on what the machine cost alone, offered to send machine back and they will not take machine and says non-negogiable too.
What the mess? Attorneys in Chicago just sent me a letter saying they will garnish wages, freeze my account, put lien on my house . . . I don't have that account any longer.
I am reporting Attorney General, etc.

Wow.. after reading all of these, I am amazed they still exist. I am also in this BS mess! I have called the bank. made stop payments, reversed charges. filed a dispute. called the LFG numbers and no change! THis has been going on since 2006. We dont even have a credit card machine.. haha.. what the hell is going on here!

Why is this company still in service? I just received a collection bill from them-they RIPPED US OFF and we only had 6 months to pay it, we called and told them that we are no loner in business and they said that the lease is non-negotiable they kept billing us for now close to 8 years without us knowing about it. Now we owe them 4, 312.17 dollars-that is incredible. Why is this company still working on unsuspecting small businesses and that is what they do go after small new businesses and fraudulently take their money. I will not pay this, what they do is insane and those machines can never be worth 4, 000 or the service that they claim they giver which is NOTHING! I will fight this.

An employee from the Lease Finance Group solicited service for Credited Merchant Services to my small business. She intentionally lied and misrepresented the companies services. Also after she left she changed the contract I signed to reflect a 4 year contract. As soon as I found out the contract had been changed I tried to contact the sales person and the company directly and could not speak to either one. The neighbor next to my business was a restaurant and they had the exact same experience. I got a lawyer in Texas to help me with this situation. My business was in Conroe, TX but I have since closed it and moved to Louisiana. They have filled suite against me in Chicago, IL. They are counting on the fact that I cannot travel up there to fight this fraudulently signed contract. I have researched this company and found thousand s of other people with my exact same story. I am amazed that this company is still doing this. What can be done to stop this company that professionally scams people?
I am urging anyone who has had the same experience to report it to Illinois Attorney General Lisa Madgian http://www.illinoisattorneygeneral.gov/index.html

and to Assistant State's Attorney Sophia Lopez, Supervisor of the Consumer Fraud Unit http://www.statesattorney.org/

and to the Federal Trade Commision. http://www.ftc.gov/

This Company has to be stopped!

Do not used this company. This is a ripoff company that leases credit card processing equipment. They will get you to sign a contract than they take the contract with them and change the numbers so a $ 450.00 machine will cost you $ 4000.00. stay away from Lease Finance Group and any company That deals with them.

I signed a contract with ELECTRONIC CASH SYSEMS and a salesman who lied to me. Told me I could cancel the lease after six months. I saw him write this on the contract. However, I was busy at the time and believe that he made sure it didn't copy through the carbon to my copy. ELECTRONIC CASH SYSTEMS does not take any responsibility for their salesmen (agents). I am currently in the process of ending my relationship of LFG. My five year lease is up and I am shipping the equipment back, but I'm sure it won't be over for a long long time. I would be very interested in any class action!

I signed the contract with salesman from SUMMIT MERCHANT SOLUTIONS who offered lower check and credit card processing fees. Weeks later found out that salesman lied to me. Salesman never told me about NON-CANCELABLE LEASE and THIRD PARTY COMPANY LFG. I called LFG and they told me they can't cancel the contract and threatened to ruin my credit score. i am stuck with the equipments for 5 years. This is complete lie and DON'T DEAL WITH THEM. I am paying lease + insurance for the equipments not being used.

i too, was ripped off by these crooks, even worse than the previous stories depict

i bought a check accepting machine, in 99 on a 4 year lease, (48 payments). well, after 50 some odd ach payments i called, to no avail to get them to stop. so i called the bank to stop the auto payments.
suddenly they are contacting me to say i owe them, and i have to keep paying unitl i cancel the contract. this of course total bs, and not in the contract at all.
after some arguing, and wishing to keep my good credit score, i not only sent them the money they requested(about 5 months lease) and also sent them the machine back, that i paid over the contract price for.
now in 2010 dec, i still have a deraug (only one) on my credit report from them saying i was 30 and 60 days late on paying. when i disputed the claim with experian credit burea, the reply that the company verifies that i was late. talk about pissed, id love to be a part of a class action, and would love to hear which agency to contact about getting this squared. as we all know the bbb is useless.

thanks

mark s
canoga park cal

I am in the same boat with the stupid credit card machine. They don't care who said what to me, and that I never once used the machine. AFter several months of paying anway, I quit out of principle.

Now they have a judgement against me they say. What does that mean?

Biggest scam.! Even after return equipment. I received, so slack.
Just need to know how to get out of contract and is there any hope recouping any of my money?

I also have been scammed by LFG. They filed a case in NY and ruined my credit. I have to file a Motion to Dismiss but need to cite what laws were broken. Can anyone help me with citing laws that were broken by these scammers? Thank you

I had them too and cancelled they will do anything to try to get your money. I just got a fake bank of america statement from them but they made it look like bank of america sent it . Such a scam beware

http://www.classcounsel.com

Please contact them! They might be able to help us!

I too have the same complaint about this company . They change their name so fast when their reputation catches up with them on the web. OI have found over 40 related DBAs turns out all owned by same entity. I cancelled with them within the first month. We never had a transaction with them they stole money out of my account until I blocked them. I never could reach anyone on the phone. The equip they shipped was programmed incorrectly not even correct name on credit machine. Then it was non compatible . We gave up and cancelled with them sent the equip back and now they are suing me since the collection dept failed to get any money. Suing me in the city of NY. NY I am in Illinois. They have called personally threatened me and my terminally ill mother at her home. I have attorneys look at this and it will be costly. been advised to settle and move on and thats what they are banking on. I just dont want to give them a nickle. Wondering if anyone has had any luck in fighting them. Contacted Il attorney general and checking with the FTC. I heard the FBI are looking into them currently and why not interstate trafficking, bank thievery, unethical practice and not sure whether they are even a USA company some of the stuff I am finding on them has no State affiliation. Mohammed Aziz is their attorney what does that sound like to you. Perhaps we are funding terrorists? Looking for advice they are some bad news!

The Company's salesman use of false and deceptive sales practices in securing a ATM contract with my business. Mr. Brad Harvey, a salesman for the company approached me to put a ATM machine in my business. Mr. Harvey guaranteed me that the machine would produce over 80 transactions per month, with no cost to me, or they (Nationwide Processing) would move the ATM to a more profitable location. Mr. Harvey hand wrote a note to me stating the above. Mr. Harvey also stated that after the 60 month term, the ATM machine would belong to my company. The terms of the contract turned out to be the complete opposite. The contract indicated a 60-month lease with the option to renew for an additional 60-month term, with Nationwide retaining ownership of the machine. My Harvey also promised to provide me with a 10-foot banner on the side of the building to promote the ATM machine, which has not happened. Mr. Harvey flat out LIED in order to get me to sign the contract with Nationwide.

I tried for several weeks to contact Mr. Harvey about the issues, with no response. I then contacted Mr. Rusty Baker (Owner) and was told that Mr. Harvey was terminated, and no longer representing the company, and any arrangements made by Mr. Harvey would not be honored.

Nationwide Processing is a very unethical company and has no intentions of looking out for the customers real needs. They have screwed many people out of their money by leasing used ATM equipment for thousands of dollars too much using hard pressure selling tactics, not to mention the horrible service and the many unresolved issues they have with many of their customers because they could give a rats a** about locations with minimal transactions. I hear many stories about this company which 99% is not good. I know this because I am constantly trying to help many of these poor customers get out of the contracts this company has immorally stuck them with.

Just stay away from them! Do your research.

They also keep switching company names to stay under the radar. Here's some of their names: Nationwide Processing, Nationwide Processing LLC, Nationwide Companies, Matrix ATM, and who knows whatever else.

My business shut down 8 years ago, only 3 months after opening. I paid off my lease sent back my machine and never heard another word...until last week. There was a $1400 ACH withdrawal on my bank account. Now, there is nothing on my credit from them (because this was rectified years ago) I have had the same bank account the last 8 years and they never tried to withdrawal a dime until recently. It is obviously fishy because if I infact still owed them money (which I don't), having my banking information you would think they would have went after it yearssssssssss ago and put something on my credit report. I haven't even gotten letters in the mail. No contact with this company at all in 8 years. I called my bank told them it was an unauthrorized transaction. They refunded my money. After reading about LFG online I closed my bank account. I tried calling LFG the day it happened, I was told I needed to speak with Wendy Civil [protected] Ext 6442). I called and left messages and didn't hear back, I was giving them the benefit of the doubt this was an error. After reversing their transaction I got a call from them today go figure. I proceeded to tell them I got my money back and didn't need her assistance. Boy was she ever mad. Try to get the funds back from your bank, no court in their right mind would take their suits seriously. 8 years and nothing on my credit, and even if it did end up there, dispute it and make them send proof of debt, THEY DONT HAVE IT! Good Luck LFG your going to need it, everyone is onto your SCAM!

LISTEN UP FOLKS. CONTACT LIsa Madigan's office now. Stop or close your bank accounts. Repeat after me. DO NOT GIVE LFG ANY MORE $$$...I mean it ...StOP it...Don't answer your phone. get another phone line. LEt LFG know you mean business...File complaints with the attorney general, FTC, and the chicago BBB...NOW...LFG won't let up. They will attack...jason balloon creations urbana illinois if you want my help..

I have enough for this company too.
You know what is the best. Get them on the media.

I have exact same experience...
This company is not right company.. I think that they should get investigate by federal.

Take LFG to small claims court. They are fraudulent and judges may well see this in your favor. I am doing this as of today because I have had enough of this company.

Businesses do not like to have anyone file with the FTC and the Attorney General's Office as well. I filed with the second, but not the first. However, if I am not successful in small claims court, I will file a complaint with the FTC. They are picking on the wrong guy. I will also contact the Consumer Affairs Office in my state and their states of operation. The larger the file gets on these guys, the better our chances of getting some positive results.

I will post the results of my case with them as soon as the judge rules on my case with them.

http://www.classcounsel.com

Please contact them! They might be able to help us!

I am now free of Lease Finance Group. Here is what I did.

I looked at all of the cases in Chicago where the Plaintiff was Lease Finance Group (there are a lot of them). There are two overwhelming endings to all cases.

1.) Ex Parte Judgment. This means that the defendant did not show up. In this case, Lease Finance Group automatically gets everything they are asking for. Unfortunately, this is the result of approximately 90% of the cases in Chicago.

2.) Case dismissed with prejudice. This means that Lease Finance Group either dropped the case or the defendant won the case. The "with prejudice" means that they can not come after you in the future for this case.

Whatever you do... SHOW UP FOR COURT. If you do not show up for court then Lease Finance Group will automatically get what they want and they will garnish your wages to get it. SHOW UP FOR COURT.

I showed up for court. Here are the details.
1.) Showed up for first court date. Talked to Lease Finance Group lawyer, Ari Madoff. He offered a deal and I declined. Got a new court date.
2.) Showed up for second court date. Ari Madoff offered me a deal. I declined. A new court date was set.
3.) Showed up for the third court date. Ari Maddoff told me that they are dropping the case. My court case ended up in "Case dismissed with prejudice".

Bottom Line: SHOW UP FOR COURT. Lease Finance Group is making money hand over fist with the default judgments (Ex Parte Judgments). This is what they are going after. It appears that if you just always show up for court, they will drop the case. They really just are wanting people to not show up for court. SHOW UP FOR COURT!

pleas join to my group in facebook: lease finance group scam/fraud.
we going to a public lawsuit pleas join to us and explain your situation
on the group page.

Like I said. I closed my bank account. Cut off the milk and now all they can do is call me and harass me. Later they will probably turn this over to a collection agency. Eventually the collection agency will go away. There has to be a legal method of getting these jerks off our backs?

Small claims court? My attorney will love this one! First lets summon the jerk who had me sign the lease based on lies and deception and see what he has to say... I say lets just go to trial and expose these idiots for good. Maybe a 10 million dollar lawsuit will take them off the map.

For the record I am using paypals credit card processing service. No contract. $30.00 a month. No hassle. No tech support issues. Just a good service. Amen.

Lease Finance Group has summoned me to small claims court. They are seeking $750.00 from me, in addition to the $650.00 I have already given them over a 1.5 year span of time. I could buy the credit card terminal in the same shape they sent in to me in for $88.95 online.

My complaints are the same as everyone else. Basically, the person who sold me on this told me that 1.) I would be able to cancel the lease and 2.) I had no other option but to lease (I could not buy a credit card terminal). I was naive and believed him.

I do not want to give these guys another dime! I actually would rather see them rot in prison. I am thinking that I might have a chance to rescind the contract do to misrepresentation, but I don't know how I would prove that the salesman told me it could be cancelled.

Does anybody have any updates on this? Has anybody been successful getting out of this lease?

E-mail: joe@dundashome.com

I totally agree. What should be done is a class action by the thousands of consumers who were ripped off by the company. If anyone is interested, I'm going to consult an attorney. Ellen maxhepp@yahoo.com

I closed my checking account so they cannot get to my money. It has been a hassle but well worth it. Now they call me 6 or 7 times a day and I simply hang-up on them. The first couple of times I tried to explain to them that I did not know I was entering a contract with them but the man was very insulting and rude, now I don't even bother with them. I just hang up.

If you can see my "complaint" against them please follow the same letter writing campaign. I will post a copy of the letter once I am finished that will go out to the attorney generals of several states.

Do not let them get the best of you. They are a scam operation and it is time to close them down.

Michelle

We had a similar situation with them. They are crooks (in my opinion). We entered into lease agreement with Retriever - a separate company, who sold the lease to Lease Finance Group. The lease ended 7 months ago but they kept automatically charging my bank account every month since then. We called Retriever several times and they told us it had been taken care of. They did not tell us that the lease had been sold to Lease Finance Group. Finally a customer service agent at Retriever told us the lease had been sold. We then called Lease Finance Group and was put on permanent hold several times. We realized that this was their tactic to get people to give up. However, they very quickly pick up the phone for sales, so that is how we finally got through. They pointed us to paragraph 18 of the lease which places the burden on the customer to notify the lease holder 30 days before cancellation or it will automatically renew. We told them that our lease was with Retriever and we did notify Retriever in writing, but that we did not even know that Lease Finance Group existed and had no privity of contract with them. Then they changed their story to "we sent you a welcome package." I told them that it was probably regarded as junk mail because we had no relationship with them, and that a "welcome package" does not constitute a new contract. They would not listen to legal arguments, equitable arguments, or moral arguments. They said that they would not issue a refund and were going to continue to make monthly charges until they received the worthless equipment back. Finally, I had to just mentally write off the past seven months of payments, and had to close my bank account so that they could not make any more charges. Their collections people can come after me if they want. I am a lawyer. Frankly, I don't want to waste my time with them but I will if I have to.

If their is a lawyer out their who does class action suits, this should be pursued on behalf of the entire class of people who are similarly situated. Call me to discuss.

Tom J. Manos, Esq.
[protected] (Miami)

Same thing with me. I actually called to buy out my equipment at the end of my 4 year lease. I was told there was no buyout, that I was just renting month-to-month. I didn't have the original contract to dispute so I told them to cancel my lease, anyway and I'd just buy a machine elsewhere. They were only too happy to offer me a new machine at 9.95 per month for 4 years. I agreed. Upon investigating unauthorized charges I found out through customer service that my original lease had a buyout of 10% of the original lease amount after the 48 months. I called the rep and told him that was not disclosed and to cancel my new lease and that I wanted to purchase the equipment. His story started with "there is no buyout" then went to "I didn't offer you the buyout because your equipment will be obsolete in 2 months" to flatly refusing to do anything. I closed my bank account and got an attorney. My attorney told me to submit two letters - one first class, one certified - to provide written notification of my cancellation due to non-disclosure. I have since contacted my credit care processing company and they assured me that they were not affiliated with LFG in any way and that my terminal would not just quit working in January 2012.
I can't believe that there hasn't been a class-action suit against this company. There have been over 580 complaints filed with the Chicago BBB?

I have same issue with you, I paid four years for the lease, return the machine, but they still want pay, who can tell me which agent we can complaint for this,
FBI? the Attorney of General? City of Chicago?

I agree with everything said so far. They claim there lease is unbreakable! I had to close my bank account (on advise of my banker) to stop them from taking funds from my account after I sent their machine back and hadn't been using their service for months. They continue to call at least 4 times a day if not 6 or 8 and their representative is very aggressive to the point of being threatening.

i have the same issues with these guys, in fast i'm getting a laywer to go up against them this company is bs, i'm not paying them a dime

I have written a letter to the FBI about LFG and I suggest everyone else do the same. If they get enough complaints then perhaps they will investigate this company for theft and fraud and we can watch them go down on 20/20.

This is happened to me too. LFG is a awful and terrible company they are bunch of crooks.

This has happened to me. Our 4 year lease has been up for 4 years and I returned equipment but they are still taking money and harassing me by phone. If this is their buisiness plan to be crooks or con men they should pay for this. If I had the money I would take them to court.

i have the same story in charleston sc, what a scam. Mine is with Leasesource inc, same address and phone numbers as lfg. I was initially lied to by evolution business services, daniel island sc.

pleas join to my group in facebook: lease finance group scam/fraud.
we going to a public lawsuit pleas join to us and explain your situation
on the group page.

My business shut down 8 years ago, only 3 months after opening. I paid off my lease sent back my machine and never heard another word...until last week. There was a $1400 ACH withdrawal on my bank account. Now, there is nothing on my credit from them (because this was rectified years ago) I have had the same bank account the last 8 years and they never tried to withdrawal a dime until recently. It is obviously fishy because if I infact still owed them money (which I don't), having my banking information you would think they would have went after it yearssssssssss ago and put something on my credit report. I haven't even gotten letters in the mail. No contact with this company at all in 8 years. I called my bank told them it was an unauthrorized transaction. They refunded my money. After reading about LFG online I closed my bank account. I tried calling LFG the day it happened, I was told I needed to speak with Wendy Civil [protected] Ext 6442). I called and left messages and didn't hear back, I was giving them the benefit of the doubt this was an error. After reversing their transaction I got a call from them today go figure. I proceeded to tell them I got my money back and didn't need her assistance. Boy was she ever mad. Try to get the funds back from your bank, no court in their right mind would take their suits seriously. 8 years and nothing on my credit, and even if it did end up there, dispute it and make them send proof of debt, THEY DONT HAVE IT! Good Luck LFG your going to need it, everyone is onto your SCAM!

Lauren212~
I have been dealing with the HARASSMENT from Lease Finance Group for a few month now... What you don't know, don't want to know, and don't want to hear is OUR, the businesses side, of things. From what I have read it seems to be all business owners that this is happening to, I would therefore think that it isn't some un-educated illiterate people here dealing with all this. I DID read my contract... the parts of it that I got. There were pages that had my initials on the bottom yet I had never even seen them! LFG hounds me daily whether it be at work, on my cell or at home, but wants NO part of listening to MY side of the story. I DID NOT read, SEE or AGREE to the terms of the contract. I even sent a copy of the police report to LFG but that didn't stop the daily phone calls...

The independent sale rep are crooks as well as the LFG because they are using the sale rep to get business and the sale rep tell lies to make small business owners to get in the lease. The sales rep act as they work for LFG, and if they do not than how can the contract be valid.

I actually work for Lease finance Group and have to say the things said on here could of been solved if you would read the contract before you put your signature on it .If you dont read what your signing, how would you know if what the company does is legal or not ? You instead believe a complete stranger who is coming into your business establishment to sell you something, who doesnt even work for our company. The independent sales rep that comes into your business doesnt even work for LFG, we are only the bank that finances the lease, just like when you go to a car dealership and buy a car, your lease/ payment is financed by a bank. So instead of sitting here typing about how LFG is crooked and doing illegal things, maybe you should go pick up a copy of your contract and read it, or you call always call the company and get a copy sent to you.

http://www.classcounsel.com

Please contact them! They might be able to help us!

They have a way of locking you into a lease and then after, you find out it is non cancellation. My ATM machine was stolen in a burglary, I was told the lease co. has insurance on them, they are now telling me I have to take another machine. In the mean time the are still pulling the lase payment from my account.

A small business gets hurt very bad from this, asked about what if business has to close their doors, they state you still have to make payment.

The processing company ICON Payment Solutions starts by having you sign the contract and then they mail it to you. You are not given a choice of a machine or company. Lease Finance Group gives you the option to buy the processor but for the full 60 month contractual amount of $80 per month, bringing the total cost of this machine to over $5, 000. The same machine is really worth less than $500. There should be options to buy out sooner & not have to do the full 60 months.

There attitude is too bad, you signed the contract and just remind you that it is a non-cancellable lease. They don't leave any business or individual any choice but to file complaints against them for bad business practices.

I have same issue.
I really want to ship device back.
They keep over charging monthly amount.
I'd like to know what happen if I send this junk device back to them and stop the payment.
Maybe I have to file on BBB first then stop payment.
I don't know what to do first thing.
-Peter-
Mt. View, CA

pleas join to my group in facebook: lease finance group scam/fraud.
we going to a public lawsuit pleas join to us and explain your situation
on the group page.

pleas join to my group in facebook: lease finance group scam/fraud.
we going to a public lawsuit pleas join to us and explain your situation
on the group page.

My business shut down 8 years ago, only 3 months after opening. I paid off my lease sent back my machine and never heard another word...until last week. There was a $1400 ACH withdrawal on my bank account. Now, there is nothing on my credit from them (because this was rectified years ago) I have had the same bank account the last 8 years and they never tried to withdrawal a dime until recently. It is obviously fishy because if I infact still owed them money (which I don't), having my banking information you would think they would have went after it yearssssssssss ago and put something on my credit report. I haven't even gotten letters in the mail. No contact with this company at all in 8 years. I called my bank told them it was an unauthrorized transaction. They refunded my money. After reading about LFG online I closed my bank account. I tried calling LFG the day it happened, I was told I needed to speak with Wendy Civil [protected] Ext 6442). I called and left messages and didn't hear back, I was giving them the benefit of the doubt this was an error. After reversing their transaction I got a call from them today go figure. I proceeded to tell them I got my money back and didn't need her assistance. Boy was she ever mad. Try to get the funds back from your bank, no court in their right mind would take their suits seriously. 8 years and nothing on my credit, and even if it did end up there, dispute it and make them send proof of debt, THEY DONT HAVE IT! Good Luck LFG your going to need it, everyone is onto your SCAM!

Henry, It was 5 yrs ago when I had signed a rental contract for a credit card machine with LFG. I remember a lovely couple entering my business, understanding my small business needs, and suggesting I sign a 1-year contract agreement for a month-to-month rental, with option to cancel at any time. They understood my “new" small business needs and suggested that this was a great deal, assuring me I would receive a copy of their paperwork, which I never did, even with future requests. After about a year of having some issues with the machine, I choose to discontinue my services, called the LFG and sent back the machine, as requested. On my next bank statement, I noticed a monthly LFG rate debited from my account. I began to call them, several times, and when I did get someone on the phone, they told me I was obligated to pay the full cost for the machine, thousands of dollars worth, or continue being charged monthly, for a year or two, (Unsure, it was a while ago).
I was livid, and continued to call them, only getting voice mails and automated payment options. I sent a letter stating their unethical practices and charges, and reminded them about my original agreement with their "lovely sales representatives." When collections became involved, I explained my facts and choose not to pay the $1500 billed me. Unfortunately, today, during financing for a new car, I learned their $1500 had remained on my credit report, which if this were not there. I would have excellent credit standing.
Yesterday 8/09, for the first time, I looked up the LFG information, and learned about thousands of customer complaints against the LFG. Words such as; "A Rip-off Company, Scam and Fraudulent etc..." Two pages of criticisms about the Leasing Financial Group. Henry, I acknowledge you for your bold actions and I would be very interested reading your results on this site. Sincerely, Hally NY

Read my posts...get in touch with me if you want my help

HENRY--attention...listen up...LFG will not go away. You file a complaint with Lisa Madigan Illinois attorney general. LFG won't quit till they eff you. I am here to help. it took me 25 months to be done with LFG. i will help you as much as I can.. jason balloon creations urbana illinois

I posted a long comment just a few minutes ago on this board related to LFG, and the reason I'm writing to you is that I am taking LFG to small claims court and would appreciate anyone sending me what they can to help document the fraud that LFG brings to the market place. I signed a lease with them not knowing anything about credit card processing machines and they knew it. So they leased me what turned out to be a $149 machine for a total of about $ 3, 025.

I have paid them over $1, 000 and will not pay another dime. I tried to offer a settlement, and they played games on the telephone, using different names, and always telling me that the manager was not in but that I could leave a voice mail message. What they count on is intimidation, lack of knowledge about the industry, and your credit rating, which they love to destroy every day for those that don't comply with their lease.

Well, I have had enough and am taking it to the small claims court for the maximum amount they allow, which would be over and above the lease amount for LFG. I will post the results as an encouragement to any that care to know another way to deal these crooks a blow and help steer them out of business. Of course, we know how they operate, they just change their name and setup shop again in another state. Nonetheless, we need to keep after them with any technique or strategy that works. I filed with the Illinois Attorney General's office, but they have not resolved the situation yet and may or may not. I don't feel to wait any longer in the event that the end result with them is that I am still on a lease with LFG, which is entirely possible. They have been instrumental in getting LFG to cancel some of these "noncancellable" leases, but I don't know the overall record and would have no way to find out that information.

Henry

pleas join to my group in facebook: lease finance group scam/fraud.
we going to a public lawsuit pleas join to us and explain your situation
on the group page.

http://www.classcounsel.com

Please contact them! They might be able to help us!