Is this another scam by Ontario Consumer Home Service
I have my water heater and furnace by OCHS, also the air-cond and water softener by Simply Smart. Today the staff of OCHS came and said they can reduce my month bill by $100 which I were delighted to listen. During the talk they mention Simply Smart is one of the contractor. (Is this true?). I were told there will be new invoice each month to me from a company called LendCare. In other words, I no longer rent from two companies, but one loan from LendCare. Now, the details is in the following photo. I see there is an amount of $5321 at the last payment and questioned the staff who kept saying I only pay 60 month of 140.88 and the money is all cleared. I like to hear what you all think if he is telling the truth as I don't believe that it obviously shows an interest rate of 19.95% My contracts is already lapsed by 2 to 4 years which is bad enough deal to start with. Am I jumping into another frying pan?