This is a company that advertises No Credit Check lease to own to customers for various items. Mainly cell phones and computers. We are a retail store that signed up with this company so we could offer our customers the no credit check lease to own option. We signed a contract with IOLO that says we will have our money deposited into our checking account with-in 3 days. I completed my first contract on 11-21-14....Today is 12-05-14 and I have yet to receive my money. And guess what? We are NOT the only retailer having this problem. We have contacted IOLO over and over asking to get paid and nothing. I wonder how they can continue to debit our customers checking accounts for payments and NOT pay us. I'm not a lawyer but I would think this is fraud. If you are a retailer stay away from this company. If you are a lawyer we need your help. Thanks.
IOLO INC Reviews
This is a company that advertises No Credit Check lease to own to customers for various items. Mainly cell phones and computers. We are a retail store that signed up with this company so we could offer our customers the no credit check lease to own option. We signed a contract with IOLO that says we will have our money deposited into our checking account with-in 3 days. I completed my first contract on 11-21-14....Today is 12-05-14 and I have yet to receive my money. And guess what? We are NOT the only retailer having this problem. We have contacted IOLO over and over asking to get paid and nothing. I wonder how they can continue to debit our customers checking accounts for payments and NOT pay us. I'm not a lawyer but I would think this is fraud. If you are a retailer stay away from this company. If you are a lawyer we need your help. Thanks.