• Report: #450075

Complaint Review: MBF Leasing

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  • Submitted: Fri, May 08, 2009
  • Updated: Fri, May 08, 2009

  • Reported By:Mt. Pleasant South Carolina
MBF Leasing
9012 Research Drvie, Suite 200 Irvine, California U.S.A.

MBF Leasing Giant Rip Off for Credit Card Processing Equipment Irvine California

*Consumer Suggestion: You signed a contract and didn't get a copy?

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This company is disgusting.

I signed up with them at the request of Merchant One Credit Card Processing they had a decent rate on the Credit Card Machine Lease and I thought why not? $25 per month for 12 months, well come to find out, you sign an agreement that they only give you the first page of and the rest indicates that the lease is really for 36 months, and then at the end you also have to pay a processing fee of $125 if you keep the machine at the end of the lease.

Bottom line, for a machine that is only $380 brand new I ended up paying $1025 for it, because no matter what I did, they kept charging my account the amount of $25 every month. I tried everything except cancelling the bank account because I had so many things tied to that account.

It is a shame our Government doesn't step in and stop this kind of fraud.

Exclusively His Massage
Mt. Pleasant, South Carolina

This report was posted on Ripoff Report on 05/08/2009 04:42 PM and is a permanent record located here: http://www.ripoffreport.com/r/MBF-Leasing/Irvine-California-92618/MBF-Leasing-Giant-Rip-Off-for-Credit-Card-Processing-Equipment-Irvine-California-450075. 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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#1 Consumer Suggestion

You signed a contract and didn't get a copy?

AUTHOR: Hugh Jass - (U.S.A.)

Not a very good idea. Didn't you read before you signed? It appears not.
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