WhyNotLeaseIt

The basic idea of Why Not Lease is great, but there is a serious breakdown between the point of sale and the leasing company. First let's start with there are several states, New Jersey, where I live being one of them that by law Why Not Lease cannot directly sell you the merchandise unless your are willing to by it within 90 days or less. After you have made payments for a minimum of five months, you know have 3 options 1) you can return the merchandise 2) you can continue with your lease but at the end of which you will not own the merchandise and will still be obligated to return it or 3) you can enter into a new contact with a different company through Why Not Lease for an agreed upon buy price. It was never explained to me like this until I attempted to find out about a buy out price after the initial 90 days had passed and I contacted Why Not Lease directly. The breakdown of all the information needed to really make a decision between the point of sale and why not lease is miles apart. The salesperson made it appear to be a rent to own agreement, the same as you would find at Rent-A-Center, Arron's, etc. which was far from the truth.
Like I said if it's an emergency situation, a major appliance goes out, this may be your only immediate option based on credit eligibility of finances. Do what you have to do. But if you are just upgrading to something better, I would try either layaway or just saving. In my case I went to SEARS and got a new snow blower and it didn't even snow this year.
I am not knocking Why Not Lease because it could be an excellent program based on someone's economic situation but if Why Not Lease really cares about anything about future customers, they need to find a way to ensure all of the correct and pertinent information is being given out at the point of sale. Until then I personally could not recommend them to anyone in good faith, especially a fellow New Jersey resident.

I bought a $240 vaccum and my payments for 41 were minimal. We paid 9 months of biweekly payments. Pretty sure Tha math doesn't add up right. That was 2013. We thought are payments were done. No more payments had been taken out... So fast fwd to now. We have someone calling and threatening my wife that she's gonna get arrested because she committed fraud. They said they would come to her work to serve papers. For one... The remaining balance they say is owing is about 250 (not sure exact amount)... The company that bought the debt is a "law firm". I guess stupidity runs rampit amonst criminals becuase that's what they are... Know your rights ppl. Depending on the state law they are only allowed 3 years to collect on a written contract. Pretty sure ataue of limitations ran out. 2 FCC does not allow there tactics of treating to come to your work or have you arrested. 3. My wife offered a minimal amount to pay it back just so they would leave us alone and get this they refused that amount for pmt. Soooo again they're wrong. What law firm is going to file a small claims court case... Pay lawyers to represent them, court cost, and processor fees. Please I'm going to report you to every credit the CFPB and every review sight I can find pertaining to them. It's noting but a Scam and ILLEGAL. That prey on those with bad credit or low income.

First off, all you writing these beaming positive reviews are FULL OF IT because this company is a flat out SCAM. Just because they didn't scam you (that you know of) doesn't mean they haven't scammed others so check your 'tude at the door. I pay my bills on time and in cash, and I'm not here writing a review due to ulterior motives. I'm here to write a review this company earned by overcharging my card, which is obviously a BIG ongoing issue with this company.

We leased a stove from Sears on 7/2019. The stove was $820+ with taxes included. We leased at $164/month, with our final payment being listed on 12/2/2019. I called today (2/8/20) and they're still drafting our bank account. I called them and the Indian with terrible English I spoke to said we owed for another year! I was stunned. I asked him how much I needed ro pay to wrap up the payments on our stove and he said I could pay $400 today and be done with payments. He said I owed 12 more months at $164, but I can pay it off now for $400? THAT MAKES NO MATHEMATICAL SENSE FOLKS. I decided to pay the $400 despite my wife's better judgment. I'm hoping we paid it off, but I'm concerned they'll continue to charge our card so we cancelled it and ordered a new one. I'm shocked Sears is affiliated with this company. Doing business with this leasing company is likely why Sears is going out of business. I can tell you neither Sears nor WhyNotLeaseIt will NEVER get another red cent from us. If they hit us with credit issues I have no qualms calling our lawyer. I highly recommend that you folks save up your money rather than leasing through this company. You know those calls from overseas with thick accents you get trying to scam you out of your money? This business operates the same way. NEVER AGAIN.

I just received an email last week and updated, or thought was an update on a account that said a payment didn't go through, okay I was thinking what the heck. I pay my bill every week! I answered that email with the payment issue that I was thinking what in the heck are you even talking about. I thought it was fixed then get another email today saying their was a problem with my account. Once again what in the world are you talking about. Well the guy says I have $180.00 in return fees. Okay, wait a minute WHAT? I come to find out the card you are all running is a card that had to be reissued by the bank due to a fraudulent charge back at the first of January. Okay, I was told I had been called about it. Well I personally didn't get any phone calls as it's hard for me to answer my phone, so no voicemails either. The next form of communication is mail not email, but mail for which I never received anything and I responded to both emails. Thinking everything was still right. You all charged me $180.00 in chargeback fees for a card that wasn't even working, because fraudulent behavior on the account. I never noticed it not coming out because I have quiet a few transactions. I asked about this "chargeback fees" and said do you take my payments out on a Friday he said yes and I said there is no way that's when my husband gets paid and their is ALWAYS money in the bank even if not on a Friday. Mail, you couldn't have sent me something by mail, for which you did not. $180.00 in fees on a card that was no longer working. You could have sent me a piece of mail yeah never did and I responded to the two emails. I paid my $160.00 odd dollars to catch up and also that $180.00 fee. You did them offer me pay out at $500.00 the actual merchandise was barely $250.00 not counting what you had already collected with the right account information and I also put money down. This is shady, very shady! I don't have a choice but to warn others, even the BBB. I can't notify you if I don't know what's going on. No mail and two emails I did answer. UNACCEPTABLE, because I do not run my finances like this. Oh and 9 of these garlands will end up costing me $1,000.00 that was not in my contract. Do I sound like a fool?