Lease One Franchise / Lost $20,000
I purchased a Lease One Franchise after seeing about them on a Franchise website . They promised me that they would do all of the work on applications submitted, and I would receive a commission check in no time at all. I submitted deal after deal after deal after deal. Not once did I receive a check from Lease One. During the training, they told me that if a deal was not done quickly, they had their own funding to handle deals. I have read all of the others who gave their savings to Lease One. They make so much money selling franchises that they would not have time to actually do a lease. Every time I call to find out about an application, I get one of three answers. There was a credit issue, but I am never told what. Just send in another application. The customer didn't provide the complete information. When I asked what is missing, I am told that they will take care of it. Obviously, they never do. OR, most often, it is in underwriting, we'll call you back. They never do that either. They must be stopped. How many others are going to fall for this?