Innovative Merchants Credit Card Processing
Drafted account for $75.00 anual fee, cancelled and they in turned drafted act for $295.00 with out any notification. Tried to reason, with no results

Business & Finance

Innovative merchant solutions company drafted my business account for $75.00 for an anual fee. I contacted this company and they told me if i cancelled the account the i would receive the $75.00 back. After 3 to 4 weeks i did not receive the money. When i checked my account on saturday i noticed that they had drafted my business account for $295.00, which they say was part of the original contract. I contacted them on 5 different occassions in order to get the the department that could answer my questions and notified them that i was filing chapter 7. At no time in any of these conversations did any one tell me that these fees would be involved. Needless to say i was not notified of any of these charges prior to them hitting my account, which in turn caused overdrafts and fees of $70.00. As i research they have overcharged me for 5 years and offer no help in this matter. Had i known that it was going to cost me $295.00 to close the accounts, i could have waited, closed my account and had the attorneys deal with them. I suggest that you do not deal with this company. Seek reputal banks to handle your cards. This company should be put out of business.


Company: Innovative Merchants Credit Card Processing
Country: USA
State: California
City: Woodland Hills
Address: 21215 Burbank Blvd 100
Phone: 8003970707
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