Signtronix / Lease agreement / buyout
I leased a sign from Signtronix through Northern Leasing. The lease was for 24 months. The lease was signed December 5, 2005. Monthly payments were taken from my checking account for the 2 years. After the lease terminated, January 15, 2008, Northern Leasing took another monthly payment in the amount of $169.84. The buy-out amount for the sign was $243.55. The Asset Management group called me today (March 28, 2008) say I was delinquent on my payment - I put a stop payment order with the bank not to allow any further withdrawals. I am willing to pay the balance of the buy-out amount $73.71, but got so upset with them, I hung up phone and thought to check on their business practices!! Alas, It's not just ME.