• Report: #800186

Complaint Review: MBF Leasing

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  • Submitted: Sun, November 20, 2011
  • Updated: Tue, March 13, 2012

  • Reported By: anomymous in VA — United States of America
MBF Leasing
132 west 31st street 14th floor New york, New York United States of America

MBF Leasing WoW I Have Been Taken New york , New York

*Consumer Comment: MBF Still at it...

*Consumer Suggestion: Don't worry, odds are that you'll be fine.

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Two men came by my store before I opened to offer a check processing machine, since I was not open yet and had not unpacked my equipment, I told that I did not know if I needed it. they assured me that once I opened if I did not need it I could send the machine back, just give them a call and they would pick it up and the machice could be re-leased. They had me sign a contract, stating that a typed copy would be sent with the machine. I never got a contract that was filled out. I called the number on the card that they gave me; I got hung up on several times, when someone did answer they said that they did not know the men that came to my store. Because I had also given a deposit slip so that they could refund me for any checks that they said we good and were not. They began debiting me for the machine. I went out of business and tried to call again, after I received a letter demanding the monthly payment, I advise them that I had been trying to send the machine back from the beginnning and was getting the run around, and they kept hanging up on me, I told them that I was no longer paying them and the account was now closed. I then received a request for the amount of $3895 for the machine from MBF Leasing, I did not know who they were and why they were making demands for payment, when I did not have a contract with them, They stated that they were the parent company, I advised them what took place they told me they did not care and wanted the full amount. advised that I did not have the money and I felt that I was scammed. They wanted the money, then hung up. I made several attempts to contact, they were too busy and said that they would call back. They have listed it as a charge off and have sent demand letters or they would take me to court. I have nothing with their name and on the contract I have mine is the only signature. HELP!!

This report was posted on Ripoff Report on 11/20/2011 02:46 PM and is a permanent record located here: http://www.ripoffreport.com/r/MBF-Leasing/New-york-New-York-/MBF-Leasing-WoW-I-Have-Been-Taken-New-york-New-York-800186. 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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0Author 2Consumer 0Employee/Owner
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#1 Consumer Comment

MBF Still at it...

AUTHOR: Chance - (United States of America)

These folks are still at it, and the biggest issue is the constant threats.   We sent part of the system back a year and a half ago and never got credit, and they continued to automatically deduct lease payments until the bank stopped them. We had a buyer for the equipment after our business closed and they would not respond. They DO NOT want resolution! They want money we do not have, and they are at the bottom of the list right now. What recourse is there - they say we owe over $5000 on now outdated equipment. Unfortunately it will probably hurt our personal credit.
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#2 Consumer Suggestion

Don't worry, odds are that you'll be fine.

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

MBF has been doing it for years and the only money they get I believe is from people that cave in and pay.  There are hundreds of complaints already with them everywhere and if this went to court, the judge would see that this is a scam.  Since it would be a civil case, the judge would be looking to make company "whole".  Since the equipment is worth only $200, judge wouldn't enforce you to pay much more than that.

MBF will keep threatening to take you to court and hope to intimidate you and get some $ from you.  There's no incentive for you to pay, even if you do get sued then in the worst case you will be on the hook for same amount anyway (courts almost never make you pay for the other side's attorneys fees).

There's a ton of evidence and complaints that you would bring with you to show that it's a scam and a judge wouldn't enforce the contract.   Don't worry, even if you signed something that said you will pay $5k for a $200 equipment, if it's unreasonable, it doesn't get enforced.
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