Mattress Firm - Progressive Leasing Furniture Leasing Review from Houston, Texas
This is a rip off extreme CAPITALIST set of bastards...i had to buy a new mattress because i developed very bad back problems..i bought the mattress from mattress firm, who used progressive as their financing company..i decided to use them because i dont have great credit. ..The matrees costed $800 +delivery and taxes=$1200....they debited my account $92 every 2 weeks ($184 per month)..for one year..do the math..i ended up paying $2208 for a mattress that costed $800..you know i really hope that our government will one day crack down on crooks like these....this is slavery by a new name..smdh
Reason of review: Problems with payment.
Location: Houston, Texas
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The government should get involved because you are too ignorant to read the terms of the contract?
maybe you should move to a socialist country and buy a mattress. blame capitalism for you not reading a contract that you signed.
Read your contract next time and your salesmans should have informed you, that if you pay it off sooner you pay less. Like now if you pay within 3 months. There is no interest
That's called interest. If you own your own house, and are not renting, it's the same case.
So are every car loans. A $20,000 car financed with 10% APR financing means that at the end of the loan, you're gonna be paying about $30,000 for the $20,000 car. Unless you buy something with cash, you will always pay more than what the sticker says. And you did have the option to say no before completing the process.
Its explained, before you submit the application, what all of the totals will be. You knew, and still said ok.
Not their fault you agreed to it. Responsibility for your actions, don't blame someone else.