- Report: #666374
Report - Rebuttal - Arbitrate
Complaint Review: Ladco Leasing
Ladco Leasing7300 Chapman Highway Thornton, Colorado United States of America
Ladco Leasing Bullseye Payment Solutions scam, credit card processing scam, ladco, bullseye payment solutions, colorado Thornton, Colorado
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I told the sales agent that I needed to do entirely virtual processing. She said to do the check processing for the payment plans, it was necessary to lease a piece of equipment that had a value of $4000 but that I could lease from Ladco for only $54 a month for 3 years.
I believed her. I signed the contract. Once I got the equipment, I saw that it wasn't portable as I had specified in the sales conversation that I needed. She had me send the equipment back and she sent me a regular credit card processor. By now I was already in a signed lease with Ladco. I asked her if this new piece of equipment was still valued at $4000 since I was continuing to pay the $54/month installment. She assured me, yes it was.
Well I did my own research. The same equipment was on sale on its manufacturer's website for $300.
Enraged, I asked her to cancel the contract and I'd send back the equipment, since this was not the deal that was represented.
Her response - "sorry, you signed a contract"
And there is the scam.
Ladco leasing and Bullseye put together a pretty clever trap. Beware. Don't go anywhere near these companies.
I'm in a long battle now to get out of a dishonest, faulty agreement.
This report was posted on Ripoff Report on 11/29/2010 04:28 PM and is a permanent record located here: http://www.ripoffreport.com/r/Ladco-Leasing/Thornton-Colorado-80241/Ladco-Leasing-Bullseye-Payment-Solutions-scam-credit-card-processing-scam-ladco-bullsey-666374. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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