Report: #1036498

Complaint Review: 1st American Leasing

  • Submitted: Wed, March 20, 2013
  • Updated: Thu, March 06, 2014
  • Reported By: Robert — Kapolei Hawaii
  • 1st American Leasing
    758 Burton SE,
    Grand Rapids, Michigan
    United States of America

1st American Leasing Exorbitant Prices, and Harassing Collections Practices Grand Rapids, Michigan

*Consumer Suggestion: Class Action against 1st American

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1st American Leasing charges exorbitant rates for a $200 credit card machine ($250 per month for 4 years), and then if you default they quickly turn over your bill to a Collection Agency called "CCA" that doubles your bill.
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This report was posted on Ripoff Report on 03/20/2013 04:10 PM and is a permanent record located here: http://www.ripoffreport.com/reports/1st-american-leasing/grand-rapids-michigan-49507/1st-american-leasing-exorbitant-prices-and-harassing-collections-practices-grand-rapids-1036498. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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#1 Consumer Suggestion

Class Action against 1st American

AUTHOR: Class Action Attorney - ()

My name is Joseph Sanscrainte, and I am an attorney located in New York, NY.  One of my clients signed up for a "lease" through 1st American a couple of years ago, and after they stopped using the processing terminal, tried to stop paying for the "lease."  Of course, 1st American told them they couldn't stop paying, and that if they did, 1st American would file a lawsuit.  So my client (like so many others) finds itself paying thousands of dollars over 4 years for a piece of equipment that costs $250.

This use of a "lease" as a means to force small businesses to pay large amounts of money for equipment that costs maybe 10% of the total lease payments is just plain wrong.  I am going to be filing a class action against 1st American and its processor equipment partners in New York Supreme Court on behalf of my client and other entities similarly situated.  If you'd like to tell me more about your situation, please feel free to contact me at (((redacted))) Thanks!

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