CITReviews of cit.com

I would much rather give this company NO stars but that’s not an option. When covid hit and my company was shut down for not being an essential company, I was offered a three month deferral. I was told that the three months would be added to the end of the lease and it would be a small fee for the deferral. Unfortunately, I took this company on their word to me and did not check into the fee they would be charging me. Four months later, my lease payment goes up over $90 a month. I asked if this would be the new payment for the rest of the lease period (18 more months) and they said I would be paying this new higher payment. This is a ridiculous fee to be charging a company that just dealt with COVID and being forced to shut down for three months. This company is unethical. I am in the process of a complaint into the attorney generals office and I’m paying for my attorney to fight this ridiculousness. DO NOT USE this bank for any equipment leases. They tell you one thing but find a way to stick it to you any way they can

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

Best bank sarves loans interest

Excellent excellent customer service always professional and sweet at the same time

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....

awesome great people to work with