CITReviews of cit.com

On May 18 I wrote a letter asking for a check for a CD with a maturity date of June 2, 2021. CIT had all types of conditions that I had to meet before I would receive the proceeds of the CD. On May 25th I received a letter from CIT that stated I must call CIT within 10 business days .and if I did not call they will cancel my request for a check at maturity. I did call and the representative tried to convince me to renew the CD at 0.30% . After much dialog he agreed and said that I would receive the check within 7 or so days. It is now about 18 days still no check

charge lot of interest for short term equipment lease. i use to get and call from Ben so once I tried to get loan wanted 30% interest true blood sucker. with current lease which ended now got letter after 45 month stating I owe them $379 lease ending fee. I have one advise to this company probably this want go to far because your business practice is unfair like pay day loan but you cant do with your loyal customer I took loan from you twice when it was direct capital it should be CIT it shoul be RIP OFF company

I am looking at new equipment for my business. I was misled by their fancy infographic and had to reach out to find out why I hadn't received any information about my inquiry. I was then told we had great credit but they aren't lending because of my "retail" code but another sister company could help and they need permission to run it through them. After that, I was then told it would be nearly twice as much to lease the equipment, with no early payoffs etc. All they would tell me was the payment amount for five years (nearly twice the amount of the equipment) After going back and forth they said they didn't know our business was older than two years and if we provide tax documents they can try to get us a different deal with yet another bank. The lack of desire to do what was best for me and my business speaks volumes. I don't have time for games, I need someone who is going to do what's best for me and not waste my time.

horrible was led on for days to borrow a small sum, 5x the amount in collateral, with good credit, only to be shot down, after being told the loan was a sure thing. Ruined my credit score and was dismissed like a rented mule. Totally un professional kids working here consumer beware....

I obtained a mortgage through them and I regret it. The most shocking oversight was that the CiT attorney that was present at my closing failed to mail the check to the insurance company, so my homeowner's policy lapsed within 2 weeks of closing without my knowledge. But that example was not unique, just reflective of poor performance and regular mistakes. I have never had less confidence in a financial institution, and now this relationship is one that I feel needs constant monitoring in order to prevent future errors.

The people were easy to work with the loan process was a breeze but the finance manager that I worked with mislead me with the wrong information. I have the emails to prove it! When I asked him to go over the terms he emailed me the terms he did not disclose that If I wanted to pay of my loan early i had to pay the interest that I agreed on as a matter of fact he said there is no prepayment penalty. I called to today to get a payoff and was completely shocked by the amount they increased it to an additional 8,000 extra. It went from 18k to 26 k. Total rip off.....

Lied about fees and interest rate on an installment loan. Attempted to explain their misleading statements and even tried to get us to take another loan after we had complained about their deceptive practices. Don't do business with these folks.

The worst financial institution that I have ever worked with. Completely scammed me. I paid $11,878 over 36 months for an $11,119 Apple iMac. I was fooled into thinking this was a purchase back in 2017. Now in 2020 they want $4450.00 more which amounts to 40% interest. I am of course not paying another penny. CIT Direct Capital has done me an extreme dis service, lied to me, scammed me and greatly hurt me. I think the only outcome will be eventually going to court. The customer service is a total joke. I have been trying for 2 months to find any resolve through at least 10 different CIT reps to no avail. They are disgustingly rude. Stay away from Apple Business also which directed me to use CIT Direct Capital. Total scam!