How to get out of a credit card machine lease

Do you have either a credit card or check reader lease with Global finance, Lease Finance Group, LFG? Did you sign up with a vendor that uses them to get credit for the scanners? Remember, just because you signed for the lease as a business, you probably signed a personal guarantee, which means even if the business is no longer you still owe the debt

Instructions

1

If you want to be honest about it, you can settle with them very easily usually down to 1/2 of the balance and payments. call the Collection agency or write a letter with why you want to settle.

2

The reason cannot be because you feel the salesman lied (even though they probably did) Good reasons, you are trying not to file bankruptcy etc.

3

If you dont care about your credit, if it is a lease with one of the above finance companys. In my years of expierience they will hound you with several collections agencys but they dont sue. Not saying they wont, just never seen it.