I signed a contract with Rate Lock who is owned by Jason Franks. Within the contract is a contract with Ascentium.
Ascentium is leasing me equipment for $107.79 per month for four years when the equipment is only worth $150 total!! This should be illegal! I called to try to cancel the contract and send them the equipment back (I can't use the equipment since it's not mobile friendly and I'm a mobile business), but the buy out is as much as the entire contract.
The manager, Gregory Jones, is extremely rude threatening a lawsuit and saying if I don't pay, they'll bring the case to court in New Jersey while I'm in Texas. STAY AWAY FROM THIS HORRIBLE COMPANY!!!!
Review about: Ascentium Capital Equipment Leasing.
Reason of review: Return, Exchange or Cancellation Policy.
Monetary Loss: $4800.
Preferred solution: Let me return the unused equipment and terminate the lease.