MBF Leasing
Rip off

Shops, Products, Services

They approached my on the premise that they could lower my credit card transaction fees. I gave them copies of my previous statements and a week later offered a slightly lower rate. I accepted. A week later they showed up with the machine, already programed with my company's info, we installed it, and she handed me a lease to sign. I signed.

On my next month's bank statement, there was a charge for $167 as "lease payment" for the new machine. The previous machine's lease was less than $25 per month. I thought the new amount was for several months, but a telephone call to MBF revealed that this was going to be the monthly amount over the 4 year lease time.

I got a credit card authorization system based on my PC/internet connection and returned their machine. Now they're calling with threats to sue me and/or ruin my credit report. They want $5000 for a piece of equipment that cost $250 after already having paid more that $1000 already!


Company: MBF Leasing
Country: USA
Site: mbfleasing.com
  <     >  

RELATED COMPLAINTS

MBF Leasing LLC
Consumer Report

Entrust bankcard
Total scam, don't believe anything they say

CIT Aka Lease Finance Group
Ripoff fraudulent, dishonest, unprofessional, practice These sales tactics need to be stopped

First Data Express Merchant Services
First Data Leasing Company ripoff Usury equipment lease is hugh lie by company

Northern Leasing
Ripoff

MBF Leasing
Giant Rip Off for Credit Card Processing Equipment

Lease Finance Group, LFG
Deceptive overcharge of Credit card machine lease - different prices for different people

Momentum Payment Systems
Rips off businesses using leases for processing equipment

CIT, Lease Finance Group
Ripoff, Dishonest, Fraudulent billing

Ladco Leasing
Azura Leasing Deceptively gave me a 60 month contract, $4200 for a $329 machine