I became aware of the fact that I would be paying x2 the original price of my financed amount. No one brought this to my attention in any of the dealings with the furniture place.
Shame on me for not reading closer, lesson learned but wow this is such a complete sham. I will pay over $5k for $2500 worth of merchandise financed. I can't believe this is legal! Early pay off only saves you $600.
I wish I never would have signed this horrible agreement.
Make sure to know what you are getting into when dealing with Progressive Leasing. It is made to sound convenient and easy, but it is for a huge price!!!
Product or Service Mentioned: Progressive Leasing Furniture Leasing.
Reason of review: Not as described.
Monetary Loss: $2500.
Preferred solution: Price reduction.
I didn't like: Deceptive contract, Total purchase price is doubled, Stealing money.