Well a few years ago I signed up to be a merchant account dealer to make a little money and needing to accept credit cards myself I signed up and figured this would be a win win situation. Business picked up and time flew by with no end in sight.
One day I asked my finance clerk how much we had made over the last year and found we had never been paid.
I started trying to contact The companies and left messages and numbers and went back to work. Then got lucky on a search and found that a lot of people were arrested for being a scam.
Well as time kept going by and telemarketers kept calling with grantee best rates I took a look at my charges and flipped out. I was paying about 1% over what others were charging and my service fees were 40% higher also. So I went shopping.
I found a new company and called to close my account with these guys and was told that In January I had to inform them of my closing this account and since I didn't I now have to pay a early canceling fee of $495. Now I can understand this if I had not fulfilled the initial contract, but I did that and what I failed to see before is the automatic yearly contract renewal.
Go to your bank, or Sam's but beware of this company. Its my fault for being to busy but to rip me for over 3 years and then stick me again one last time stink.
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