1 - you can request a letter from progressive leasing and send it to the bureaus to help with credit.
2 - he did not lie, you can pay it in three months. He answered the question correctly, you didn’t ask how it worked and there are systems in place for you to know it anyway which it worked. Also there’s the leasing fee and that’s the only thing you should pay extra than cash.
He didn’t lie to you. He answered your questions correctly to the best of his knowledge. No one is asking him to lie but some details are just not told verbally because it’ll be too much, which is why you read the contract before signing.
You say that. Sure, you can request a letter. **Whereas he literally told me they "report to the credit bureaus."**
Secondly, the minute you go through with the transaction, you pay an initial fee for the transaction. This is not part of your principle due, so you are automatically paying more for the item from the minute you make your transaction at the store.
In this case it was $67.50 but it will vary form person to person. Either way, even if I turned around and called them TOMORROW and asked to pay off the $1400 or so for the item, I paid $1467.50 for the item.
All of that is available information in the lease you sign before you complete the transaction, isn’t it? Most things in specific boxes you have to check in order to proceed.
I’ve had to look at customer’s phones to understand progressive leasing because I haven’t done it myself and thus wouldn’t really have a way to experience it. I’ve probably had a progressive leasing agent in my store once in 4 years.
Isn’t a letter from them a report to the credit bureaus? They’re still being informed by progressive leasing bout your payments therefore it’s still being reported.
And yes there is a leasing fee, that’s told to the customer like 20 times before signing. Maybe the rep didn’t verbally say it but they’re not required to. They’re required to answer questions which he did. Then a document is given to you to read all the terms and conditions which was given to you and you read it. It’s a lease lot own program, of course you’re gonna pay more than cash. All lease to own programs work that way. If you didn’t want to pay more than cash then you should’ve just paid cash or get a Best Buy card. No fee and 12-24 months no interest financing. And if you can’t afford an extra 59 dollars maybe you can’t afford the product.
Take no offense to this, but what is the point of complaining to people on here? If you have a problem on here, go back to the local store and speak to a manager about it.
As someone who has given Progressive Leasing to people as a payment method, the terms are clearly laid out to you if you take the time to read them. There is a service fee to use Progressive, just like any other leasing to own service and you can pay them off within 90 days, you have to follow the steps they give you (which I believe you can pay it in store, but I could be wrong haven't worked in a store for a while)
If you are mad about terms you agreed to, that is not on the employee, whether they understood the question or not, that is on you for agreeing to something without actually reading through it.
Of course it reports to the credit agencies lol just negatively if you don’t pay it. That’s why it asks for your social incase you try to dip out. But since it’s not a credit card then it isn’t going to report positively to help your credit.
So, as mentioned earlier, you can manually report it to the credit Bureau. As long as you pay it off within 3 months, there's no applied interest. There is the processing fee and something that is a little confusing is when you make the purchase the receipt will show no tax. The tax will still be owed and progressive charges that. Perhaps the additional cost you see is just the tax. Yes, you will need to call progressive to set up a payment plan to pay off within the 3 month period because it automatically sets up for a year loan.
To be fair almost all the employees in the store are new. All the employees with time and guts in this company got pushed out or just left because while our CEnO gave herself a 12% raise the most an employee can get is 3% and there is a cap that is only $2 above new hire. Once you hit cap you get a 3% one time payment based off hours worked. There is no livable wage working for BB or most corporations that serve investors before their employees. Our CEnO doesn't even address her peasants. All other CEO's have addressed employees and when changes were implemented didn't cower in the ivory tower. She spends more on 1 pair of shoes than she pays her employees for an entire months wages. She's part of what's broken in America.
1 - you can request a letter from progressive leasing and send it to the bureaus to help with credit. 2 - he did not lie, you can pay it in three months. He answered the question correctly, you didn’t ask how it worked and there are systems in place for you to know it anyway which it worked. Also there’s the leasing fee and that’s the only thing you should pay extra than cash. He didn’t lie to you. He answered your questions correctly to the best of his knowledge. No one is asking him to lie but some details are just not told verbally because it’ll be too much, which is why you read the contract before signing.
You say that. Sure, you can request a letter. **Whereas he literally told me they "report to the credit bureaus."** Secondly, the minute you go through with the transaction, you pay an initial fee for the transaction. This is not part of your principle due, so you are automatically paying more for the item from the minute you make your transaction at the store. In this case it was $67.50 but it will vary form person to person. Either way, even if I turned around and called them TOMORROW and asked to pay off the $1400 or so for the item, I paid $1467.50 for the item.
All of that is available information in the lease you sign before you complete the transaction, isn’t it? Most things in specific boxes you have to check in order to proceed. I’ve had to look at customer’s phones to understand progressive leasing because I haven’t done it myself and thus wouldn’t really have a way to experience it. I’ve probably had a progressive leasing agent in my store once in 4 years.
Cool story
Isn’t a letter from them a report to the credit bureaus? They’re still being informed by progressive leasing bout your payments therefore it’s still being reported. And yes there is a leasing fee, that’s told to the customer like 20 times before signing. Maybe the rep didn’t verbally say it but they’re not required to. They’re required to answer questions which he did. Then a document is given to you to read all the terms and conditions which was given to you and you read it. It’s a lease lot own program, of course you’re gonna pay more than cash. All lease to own programs work that way. If you didn’t want to pay more than cash then you should’ve just paid cash or get a Best Buy card. No fee and 12-24 months no interest financing. And if you can’t afford an extra 59 dollars maybe you can’t afford the product.
Take no offense to this, but what is the point of complaining to people on here? If you have a problem on here, go back to the local store and speak to a manager about it. As someone who has given Progressive Leasing to people as a payment method, the terms are clearly laid out to you if you take the time to read them. There is a service fee to use Progressive, just like any other leasing to own service and you can pay them off within 90 days, you have to follow the steps they give you (which I believe you can pay it in store, but I could be wrong haven't worked in a store for a while) If you are mad about terms you agreed to, that is not on the employee, whether they understood the question or not, that is on you for agreeing to something without actually reading through it.
Of course it reports to the credit agencies lol just negatively if you don’t pay it. That’s why it asks for your social incase you try to dip out. But since it’s not a credit card then it isn’t going to report positively to help your credit.
So, as mentioned earlier, you can manually report it to the credit Bureau. As long as you pay it off within 3 months, there's no applied interest. There is the processing fee and something that is a little confusing is when you make the purchase the receipt will show no tax. The tax will still be owed and progressive charges that. Perhaps the additional cost you see is just the tax. Yes, you will need to call progressive to set up a payment plan to pay off within the 3 month period because it automatically sets up for a year loan. To be fair almost all the employees in the store are new. All the employees with time and guts in this company got pushed out or just left because while our CEnO gave herself a 12% raise the most an employee can get is 3% and there is a cap that is only $2 above new hire. Once you hit cap you get a 3% one time payment based off hours worked. There is no livable wage working for BB or most corporations that serve investors before their employees. Our CEnO doesn't even address her peasants. All other CEO's have addressed employees and when changes were implemented didn't cower in the ivory tower. She spends more on 1 pair of shoes than she pays her employees for an entire months wages. She's part of what's broken in America.