Progressive Leasing

After the 1st computer was paid for I haven’t had any issues with them charging me money or anything. They still had my checking account info because when I did my second application the account info was already populated. I have never had to contact them except when I Had a problem setting up my online account. I love that they are here for those of us that have credit problems. And paying more to borrow because of bad credit is a fact of life that everyone needs to come to grips with. If you deleted all of the “they charge too much” bad ratings they would probably have 99% 5 star ratings.

I’m starving music artist singer songwriter and trying to relaunch and rebrand my successful business. I stopped working in one state due to health problems and a divorce in the new state I moved to. So trying to manage money with all these balls rolling in my life and health issues and being in my own for the first time and I didn’t have to ever worry about money as much before was very very hard for me. The people at this company was nothing but kind to me every time and I’m so grateful for this company! When I make it in my music career I literally want to be your spokesperson lol. That’s how much I love you guys!

This is where I think the misunderstanding of payments is. Ok, so now it comes to the deadline for the 900 and you have payments coming out through direct deposit. All you need is 60 to pay it off so it shouldn't be a problem, right? Wrong! Typically that takes to 2-3 days to take money out of a checking or savings. This is how people miss their deadlines. That 60 should be paid off before the last day of agreement not on it. Basically, pay the last amount due over the span of the agreement as you pay the biweekly payments and you shouldn't have a problem.

About 4 months later, I needed a new mattress. Knowing how expensive mattresses could be I was looking at an affordable one. I went to Mattress Firm and found the mattress I liked. After discussing with the salesperson, I found that the mattress I wanted was nearly $800 after everything is said and done. I found out through the salesperson that Progressive Leasing was an option and having already went with them for the couch I purchased I decided to do it again. I've been paying on the mattress and should have it paid off in less than a month. I already switched my account to the Lease to Own option. Couldn't be happier with the lease to own option from Progressive Leasing.

*Select stores have Progressive Leasing. Best buy, Overstock.Com I hear big lots, Kay Jewelers, Fry's Electronics and more. Not everyone has it. Not every Best Buy or Fry's has it, for example. *You go in and apply, and make SURE you have a work history of I believe 2-3 years, and your bank account info that this money has been going to, and an ID. If you use an account that is not very active, you can be denied! They want to know how often you get paid and roughly how much you get paid BEFORE taxes... *They will ask your social, and Make Sure your debit/credit card MATCHES your name on your id... etc.

*They will give you a credit limit, now with this, you can choose anything you want in the store within that limit. Obviously. And you can get items or 1 item, and you will pay a $85 deposit. Some places charge less. (This deposit is for Progressive. Not sure if it goes towards the product. I don't think it does.) *Ok now you paid deposit, and you have your items. Congratulations. If not, find a friend with active work experience or family that trust between you two.

Payments, and the lease... Here's where it gets good. *You can go to the app, or website for Progressive Leasing, and there create an account using your social. It will show you your balance you owe, (which is the 90 day buyout option), and when your next payment is due. First payment usually isn't due until about 10 days later. They are aiming for your direct deposit from your job. *YOU NEED TO PAY OFF YOUR BALANCE FOR THE ITEM(S) WITHIN 90 DAYS or you will have hella fees to pay. HELLA fees. Now, you have a minimum balance they will automatically withdraw for 1 year! But you can't let this happen!!! This is only the Minimum balance and will NOT cover only 90 days with of payments to have it paid off to avoid the charges...

So you, can go ahead when you're ready and make A payment SOON! So let's say your payment is due in a week... they will withdraw $ how much $ in 1 week from today... You can go ahead and pay that payment down NOW, and it will go towards your payment due date... Ex... Let's say I owe $1,400 for my item... and my next due date is in a week for $115 (Bi weekly). I can make a payment of eh, $20 now... Ok click done. Now, my next payment is now $95. And my early 90 day buyout is now $1,380. So come this bill in a week, it will be less than it Normally would have been, and they will withdraw whatever that is. BUT, WHAT IF I HAVE THE OPPORTUNITY TO PAY MY ENTIRE NEXT PAYMENT DUE, NOW (and maybe then some).

Ok so you end up paying that $115 ahead of time... Guess what, you don't have a payment to make until the NEXT bill... that payment will disappear off your account, and the NEXT PAYMENT DUE date will be present. So I HIGHLY recommend you pay as much as you can, because not only will it knock your payments off, it will knock your Total purchase price down, and you need to pay it off in 90 days. It will feel good to make even a small payment, and watch your pay off amount go down. But! If you have only been Paying the minimum payments, you will be paying past the 90 days and will be **. Pay MORE than the minimum payments due. You can make as many payments as many times as you want, and it will keep lowering your buyout. This way once you pay it off inside of 90 days, you will own it.

Here's some extras I learned from using this program... *If you go to a, say Best Buy, get approved for a balance but they don't have the product, they will order it and have it shipped to your house... you choose the shipping option. (First payment is not until about 10 days after you receive the item.) *You can add payment methods. *You can add authorized users.

*If you want to have them automatically take out the Minimum payments, and you Still want to make PAYMENTS separate from this to pay towards the buyout, you have to call and do it over the phone. OTHERWISE, whatever payments you make will go towards your next bill. I like this best because it gives you a chance to not have to worry about the auto draw on next payment. And you can keep knocking back the payments, and pay extra, it ALL GOES TOWARDS YOUR FINAL BUYOUT... *If you want to do a return I believe it is within 14 days, or 10 for a phone etc... go in with receipt or personal info, and you may have to pay a 25% restocking fee! But they will remove the item from your leasing account. That's all guys. I hope I helped.

Fast forward after about seven months of on-time payments, they knock on my door one night after I've already gone to bed. The gentleman that is representing Progressive Leasing said that they had not spoken to me and I have a late payment. I told him that I had communication with the 800 number and we had arrangements. He stood out in the hallway and managed to read my debit card number aloud on speakerphone to the company rep to verify our arrangement so that all my neighbors heard. When I called the company to complain about this, they told me they were sorry and that was about it.

Subsequently, I have fraud issues on my bank account and had to close it. I can only attribute this to the moronic display of unprofessionalism by banging on my door at almost 8 at night and reading my debit card number aloud for everyone to hear. Oh and you think that's it? No. There's more ridiculousness. I called to make an arrangement to pay off the entire rest of the account yesterday and they banged on my door again today. I absolutely lost it and yelled at the guy, explaining to him that an arrangement was made and I did not appreciate them showing up at my home unwarranted. He proceeded to look on his stupid little tablet only to say to me. "Oh, yes. I see that you made an arrangement. I'm sorry to bother you."

Are you freaking kidding me? This company is so willing to come after you at your home or place of business when you've already made arrangements. I don't know if the communication is sorry between the individuals they're sending out or what's going on, but it is absolutely 100% unacceptable. If I could annihilate this company in any other way, I would. I will be so glad to be rid of them...I cannot even begin to explain.