Usacomplaints.com » Business & Finance » Complaint / Review: Paramount Paymet systems - Secure payment systems (SPS Consumer financing company. #843104

Complaint / Review
Paramount Paymet systems
Secure payment systems (SPS Consumer financing company

In November I had the misfortune of signing up for a consumer financing agreement with this company in order to offer financing to my customers. The events which followed were a complete nightmare and I would not recommend this company to my worst enemy...
1. The sales staff are crooks and liars!!! They will say anything in order to get you to sign up with this company including electronically forging your signature on a lease document. (My sales person was named Isaac Forsythe and Brian Grantham)
2. The equipment arrived at my business location more than 3 weeks after they said it would be delivered meanwhile they had already started debiting my checking account for equipment I did not have in my possession. When I asked them to refund the fees, I was told that it was out of their control and that there were 2 other 3rd party companies involved.
3. You can never reach anyone on the phone once they have your checking account information.
4. The leasing company (Northern leasing systems) has over 900 complaints filed against them in the past 3 years with the BBB... Check for yourself.
5. The financing company they work with, somehow always finds a reason to deny your customers claims, not only that, they charge you over 10% (even though your contract might say otherwise) in fees and financing charges to your customers. So imagine trying to sell something as a small business owner and having to jack up your price by 15% in order to cover the cost of financing (which is what my sales person advised me to do)

I could go on and on about all the reasons why you shouldn't do business with this company as a small business owner but please do some due diligence for yourself.

A. Look up BBB reports on the 3 companies involved in this scam paramount payment systems, Northern leasing systems, and secure payment systems)

B. Look up the Facebook pages of the 2 salespeople I mention in this review, as well as facebook pages of your own salesperson (they all live in Idaho somewhere and they all seem to communicate with each other about work through facebook)

C. Don't be suckered into a so-called nonbreakable lease agreement, It took me 2k in lawyer fees to get out of it)

Bottom line... If you are considering doing business with Paramount payment systems, please do yourself a favor and run the other way...!!!


Offender: Paramount Paymet systems

Country: USA   State: Idaho   City: Meridain
Address: 841 E. Fairview Ave. #101
Phone: 2087242444
Site:

Category: Business & Finance

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