I have just experienced the very same predatory practice. Purchased a sofa and chair in the amount of 520.00 made a deposit and leased the remaining balance.
According to my documentation, my final payment would be 4months after purchase. After full payment was received, they took another deduction from my account. The customer service representative stated that the lease for those items was for 15months!! bringing the total of a 520.00 purchase to 1090.00.
That is double the price for merchandise that was paid off last month!!! This disclaimer was not verbalized to me, who would pay double for merchandise...:(!!
No way, will they get away with this, I will NEVER use them again. Be Cautious Read and Re-read all fine prints and have the representative spell it out to you in its entirety.
Product or Service Mentioned: Progressive Leasing Leasing.
Reason of review: Pricing issue.
Monetary Loss: $520.
Preferred solution: I have paper work stating that the final payment for services received reflected November 8, 2016. I would like that contractual agreement to be honored. I was not informed that a 500.00 charge would extend for 15 months doubling the cost of merchandise..
I didn't like: Total purchase price is doubled.