As a new small business owner I searched a few credit card companies to learn about getting a credit card machine. I applied with 3 companies not knowing if I qualified. Of those three companies Cardservice International was one. I decided to go with 1st National processing which has no hidden fees, and I get my money in two days.
Cardservices International called me and told me I was approved for an account, I explained to them that I was no longer interested and did not want to continue the process. I never received any credit card machine, never gave them my checking account number (thank god), and never once used their service. I have recently been contacted by collection agencies stating I owe Cardservices International $500.
I called Cardservices International who informed me that their application is the actual binding contract. All the e-mails the sales representative sent say application.
Business beware - do not apply unless you are certain that you want to be binded to them with no way out.
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