I purchased stereo equipment for my two autos for $2900. I have been making payments of $226.80 every 2 weeks for 5 months, I wanted to pay it off now and they told me they would ALLOW me to pay an additional $1600 to pay off! This is a ripoff and loan sharking practice, and that's against the law. So in essence they want me to pay $3900 for the units meaning a total of $1000 for interest for 5 months. I am contacting the better business bureau and the attorney general of California for options. This is unfair lending I was never told how much it would be if I paid off after the 90 days, the salesman said as long as it was done within 6 months you were ok.
Reviewer is in unhappy mood. Please immediately contact the author of this review to discuss "excessive charge for less than 6 mo payoff" of progressive financial lease and associated monetary loss in the amount of $1000. Progressive Leasing needs to offer any options to resolve the issue according to poster's claims.
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