• Report: #92428

Complaint Review: Merchant Processing - Northern Leasing Systems, Inc.

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  • Submitted: Fri, May 21, 2004
  • Updated: Sat, May 22, 2004

  • Reported By:Spokane Washington
Merchant Processing - Northern Leasing Systems, Inc.
10900 NE 8th Street Bellevue, Washington U.S.A.

Merchant Processing - Northern Leasing Systems ripoff deceptive promises to get you to sign an equipment lease with Northern Leasing Systems Bellevue Washington

*Consumer Suggestion: Read Your Contract

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I was promised lower credit card rates for my company if I would use Merchant Processing Inc to process my credit card sales. This promise by Mick Wells-Account Executive(in writing) included an overall savings of $213.48 annually including the monthly lease payment of the new equipment which I was required to purchase before receiving these lower rates.

My very first month indicated a 2% higher rate charge and when I complained that I had been lied to, I was told by Merchant Processing Inc and Northern Leasing Systems that there was nothing they could do - I was locked into this equipment lease for 4 years and it was uncancellable!

Both of these companies "MERCHANT PROCESSING INC. from Bellevue Washington and NORTHERN LEASING SYSTEMS INC are fraudulently working together to rip-off small business

Carrie
Spokane, Washington
U.S.A.

This report was posted on Ripoff Report on 05/21/2004 10:45 AM and is a permanent record located here: http://www.ripoffreport.com/r/Merchant-Processing-Northern-Leasing-Systems-Inc/Bellevue-Washington-98004/Merchant-Processing-Northern-Leasing-Systems-ripoff-deceptive-promises-to-get-you-to-sig-92428. 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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REBUTTALS & REPLIES:
0Author 1Consumer 0Employee/Owner
Updates & Rebuttals

#1 Consumer Suggestion

Read Your Contract

AUTHOR: Cory - (U.S.A.)

Read your contract or have an attorney look it over. You might be stuck with the lease on the equipment but not the CC processing co. I have had several CC co. promise lower rates and not produce. You might have something there because you have it in writing. I have called some of these CC companies and gotten them to lower their rates by telling them I won't be accepting their CC's any longer. Give it a try. Good luck.
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