I'm a small business owner and am embarrassed to admit I believed a traveling salesman and signed a four year lease on a charge terminal. I paid about $5,000.00 over the corse of 4 years.
Knowing my contract would be ending soon, I called Premier in November to see how much was owed, if there were any lease endiing arrangemnts, etc. The man I spoke with sounded said I only owed till February and owed about $400.00.
In January, I called again to make sure everything was taken care of. This time the man at premier said he would send me a copy of my lease.
Turns out, if you don't send written notice 60 days prior to your lease end, premier automatically renews your lease for another year. Basically, I paid $5,000.00 and because I didn't give them written warning that I didn't want to be billed anymore they continue to take money from my account.
I placed a stop payment on my checking, then premier just pulled out a whole years worth of payments ($1214.00) saying I violated my contract.
I have written Premier 2 letters since February trying to cancel any future lease on the terminal. I call to see if they cancelled my contract yet, and of course, they never recieved my letters. How conveinent!
I just want to warn anybody who will listen, don't sign any contracts with someone you don't know without thuroughly investigating them first.
Read your lease (especially the fine print on the back). I am ashamed to be taken but hope others can be SAVED!
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