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Preferred Lease

  773 inquiries |
Furniture Rental and Leasing

5501 Headquarters Drive
Plano, TX 75024
| Get Directions

(770) 575-5980

http://www.preferredlease.com

Monday-Friday: 9 AM-10 PM
Saturday: 10 AM-10 PM
Sunday: 11 AM-9: PM

Company Rating

B

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Customer Reviews

based on 1 review.

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Complaint Experience

100%

Complaint Resolution Index (CRI)

1 complaints closed in last 3 years.

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Membership Information

This business is not a member of Business Consumer Alliance. This fact does not disparage the company in any way.

Recent Review

Posted on 1/26/2020

Would give 0 stars

I opened an account with this company in September 2019. I made a payment of $30 when I opened the account and I made a payment of $167.55 on the 26th of each month ( October, November, December) on January 24th at 4:40am I logged into my account where it said 709.67 was the pay off amount. I paid the full amount. I logged onto my account today and noticed that my account is still claimed I owe now $297.09 and that my payment of $167.55 will be drafted tomorrow. I'm furious. No one will help over the phone I'm just told to call back tomorrow and they can't stop the payment.

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Complaints and Resolutions

Total Amount in Dispute:
$0.00

Total Amount Settled:
$0.00

Complaint Experience

100%

Complaint Resolution Index (CRI)

BCA's Summary and Analysis:

Our complaint history for this company shows that the one complaint brought to the company’s attention was responded to and given proper consideration.

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Our complaint services are free and our team of expert mediators will assist in resolving complaints with businesses.

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Complaint Closing Statistics

1 complaints against Preferred Lease closed in last 3 years.
Complaints Type of response
0 Making a full refund, as the consumer requested
0 Making a partial refund
0 Agreed to make an adjustment
0 Refusing to make an adjustment
1 Refuse to adjust, relying on terms of agreement
0 Unanswered

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Other Information

Company Info

Merchants Preferred is a lease to own service provider offering simple, affordable leasing options for customers looking to purchase furniture, tires and appliances nationwide.

Primary Contact: Consumer Affairs
Business Started: N/A
Social:

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Licensing

We know of no licensing or registration requirement for companies engaged in this company's stated type of business.

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Government Actions

BCA has no information regarding government actions at this time.

Comments and Analysis

We have no further comment about this company's business practices or analysis of its offer that may assist you in your consideration of this company.

Other Considerations

We know of no other matter or practice relating to this company that may assist you in your consideration of this company.

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Additional Info

DBAs:

Merchants Preferred

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Contacts:
There are no additional contacts.

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