My husband attended a Pacific Web Works seminar in Trumbull, CT in May.in short, they convinced him to enter into a retail instatallment contract for an "ePenzio Merchant account with Internet Payment Gateway" which cost $2,578.03.
He thinks that they also sold him a re-sellable website of some sort? Anyway, the contract states that we are in an agreement to pay for a "Merchant account" and I have called around and found that companies only charge $99.00 for "Merchant accounts with Internet payment gateways". He paid $89.95 down at the seminar and has been paying $89.95 a month to Monterey Financial Services ever since. He is stuck in this contract until April!! Help!!!
Monterey said that if we stop paying, they will ruin our credit record. What are we paying $3,328.15 for? What EXACTLY did we buy? I've tried to call ePenzio at 1-801-365-1000 but there is no answer. Any help would be appreciated.
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