Progressive Financial Services - This is a scam, such a shady company.
I financed a couch through big lots because the salesman convinced me it would benefit my credit. The couch was $872 after taxes and I was planning on paying cash for it.
He continued into talking me into financing through progressive financial with "no interest rate." They charged me $70 every 2 weeks. After 3 months I realized it should have been paid off but it wasn't, then i called and they informed me the sales tax was 7.8% and my early pay off was $798.62. And i already paid $752.87 with the money being pulled from my account. I was *** pissed, they don't tell you that they are literally going to suck you dry and that you are going to pay double what you agree to.
I ended up doing the early pay out, and told them to remove all my information from there system. I'm so glad that i paid a total of $1,600 for a $800 couch. Do not use this company, it is scamming at it's finest. I'm sorry for anyone who has been through the same problem.
I know how irritating it is.
Also, they don't report to credit bureau's. So the financing doesn't do anything for you except make them a *** ton of money to pay there rude employee's.
Reason of review: Not as described/ advertised.
Monetary Loss: $1000.
Preferred solution: Full refund.
Location: Phoenix, Arizona
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Comments
Please avoid publishing any personal information and promotional content
Am in the process of doing a rehabilitation of a defaulted student loan with progressive.
I see the ad about the progressive financial company .
am not sure if I should do this.
If you see this post ...will you please comment on this , after reading
...I don't know if I should allow this company to collect......I have some issue after reading about the fraud .
thank you
Why complain? Everybody should know if you lease products.....you always pay double. Know your facts before you lease.