Circuit Micro RIPOFF!! Fraudulent debit from my checking account!! VERY DISHONEST Lake Forest California

Were with ya!! The public is FED UP with these disguisting and abusive practices. LET THEM HAVE IT!! CALL A LAWYER AND THE NEWS NOW!!!

Yes you are correct, it is a request, but it is a request to process ones information and pull credit, and for this many companies do charge fees. For example apartments, real estate credit cards, and etc. The fees are listed on the payment information form, and yes, you have a choice of NOT SUBMITTING this form if you do not feel or want to pay the fees, no one is making anyone by force to enter this info. I even have gone to extremes such as posting a stop sign which informs you to read the terms and as a matter of fact, it was actually worse then without it. Close to 98% of people read the terms on both pages but unfortunately there is always that one out of a bunch that does not, and then of course everyone else is to blame.
Further more; we deal with bad credit, so we get a significant amount of request everyday, around 300 to 500 a day, from which I believe there is about 20 or so complaints about the fees, and this is simply because they do not read and go ahead and lie by clicking that they did and even check the I agree box implementing their agreement with the listed terms they just didn't bother to even read.

Now you tell me, how is this fraud, when the consumer digitally signs a debit authorization, and also notes that they agree with the terms.

Anyway, just to make everyone happy, I now have also included the terms about the fee on the application it self, so now, they will agree to it not once or even twice, but three different times, on two different forms.

I am also willing to make a bet, that it won't be more then 72 hours until this happens again, claiming that there are just not there, and complain. Even though they are the opens who didn't bother reading anything, simply because they just don't care, of course until the debit comes, this maybe also why they may have credit problems, simply for the lack of enough care.

I read terms, especially when I apply for loans or any other long terms contract, and the reason why I read them, because they are important, otherwise they would not be there.

Make any sence?

You obviously are not able to keep your people straight there Randy. you keep telling me not to agree to things that I have not read. I HAVE NOT FILLED OUT AN APPLICATION FOR YOUR COMPANY. I WOULDN'T AGREE TO THE TERMS YOU HAVE LISTED. I HAVE NOT HAD $40 taken from my account for filling out a 'pre-qualification' application form as some other consumers have
Stop referring to me as if I am a customer. I am a person, reading these stories by CHANCE searching for a differnet company and wondering why the hell you are allowed to get away with the things you have.

Explain to me how the 'contract' that you quote and the 'application' that i quote are soo close together. That the terms of the loan are the same in each, except for your paragraph of how the finance charge is returned.

When a customer fills out a "financing application" they are asked if they have a checking account. I have not filled out the application to know if you hit yes whether another field pops for the info on the bank.

However, no where on that application does it state that they are going to get charged a financing fee for submitting the application.

An application is not a promise. it is researching to see if someone qualifies. The customer can decide that they don't want the item even if you have pre-qualified them!

"You are submitting a request for a loan pre-qualification, " taken right from your site.
Somehow, your customers after submitting this "request for loan pre-qualification" are getting finance charges.

The fact, at this point is, that you are a liar and a cheat and i can't wait to watch the news and hear that your company has gone down and your behind bars.

You are wrong again Sherlock Holmes

If you noticed, but I doubt it, there is no place on the application to enter your banking information, so by completing the application (only), would obviously not lead to a charge.

I assume you missed that small fact since you are quoting the applications terms, and how the terms are not correctly listed

WOW, GREAT JOB ON THOSE BAD INVESTIGATIVE SKILLS

HHHMMMMM, WELL; WHY SHOULD THEY? ESPECIALLY SINCE YOU ARE NOT ASKED FOR PAYMENT INFO ON THE APPLICATION

HELLO, ANYONE HOME!!!@@!!@#@#

Since you are claiming to be such a Genius, would you care to explain then why the charges and the related terms to the charges, would be on the application it self, for which you are quoting here? Since unless our software is psychic and somehow DREAMED UP the information out of the thin air, there is no way to be charged, since you are not asked for payment information.

Care to give a new bright opinion that makes no sense?

So in conclusion, this probably means that this document is elsewhere including the terms of where you are asked for your banking information, further more, I'm just not as dumb as you may think I am and not list the terms and only a handful of people like your self who can't think claim they are not there out of about 80 thousand applicants in over two years. Kind of funny isn't, I would say if they weren't there would be a lot more the 10 or 20 people that would have complained, probably closer to 79 or 80 thousand. Which would mean this site might as well have been dedicated to CircuitMicro.com complaints, since that is all you would see.

But that is not the case, so the reality is, Next time don't agree to things you have not read especially when you have to check a box that says (I Agree) and no you won't find it on the application Sherlock. READING WON'T HURT A BIT, IT'S FREE, AND IN THIS CASE COULD HAVE SAVED 40 BUCKS, SINCE THERE WAS NO INTENT TO BUY ANYTHING TO BEGIN WITH. ONLY THE INTENT TO WASTE OUR TIME, AND TO WASTE OUR TIME, WE CHARGE $40.00.
ESPECIALLY SINCE I PAY MY EMPLOYEES TO PROCESS EVERY APPLICATION, AND THEY DO NOT TO WORK FOR FREE LIKE YOU FEEL THAT THEY SHOULD.
NEXT TIME TRY THE SALVATION ARMY, THEY PROBABLY HAVE WHAT YOU ARE LOOKING FOR SINCE $40.00 IS BIT TOO MUCH FOR YOU.

Ps:
People are not as dumb founded as you may think they are, especially the ones that deal in funding or finance. Maybe in Canada they are, but not in the US; So Sorry Sherlock

I have been on this website looking for Circuit City Rip offs (only cause i used to work with them and find them a bit funny) and I keep comming across these Circuit Micro Rip offs.
What stood out to me was that "Randy - Lake Forest California" the owner of this company, filed a rebuttal stating that the comsumer did not read the agreement.

When I was reading what he said the agreement stated, there was a typo. "acceeds" when he meant "exceeds"

This struck me as wried, this is supposed to be a legal document he is showing, they allow typos in legal documents? I went to the website and this is what the agreement ACTUALLY states:

THE FEDERAL EQUAL CREDIT OPPORTUNITY ACT PROHIBITS CREDITORS FROM DISCRIMINATING AGAINST CREDIT APPLICATIONS ON THE BASIS OF RACE, COLOR, RELIGION, NATIONAL ORIGIN, SEX, MARITAL STATUS, AGE (PROVIDED THE APPLICANT HAS THE CAPACITY TO ENTER INTO A BINDING CONTRACT); BECAUSE ALL OR PART OF THE APPLICANT'S INCOME DERIVES FROM ANY PUBLIC ASSISTANCE PROGRAM; OR BECAUSE THE APPLICANT HAS IN GOOD FAITH EXERCISED ANY RIGHT UNDER THE CONSUMER CREDIT PROTECTION ACT. THE FEDERAL AGENCY THAT ADMINISTERS COMPLIANCE WITH THIS LAW IS THE FEDERAL TRADE COMMISSION, ECOA COMPLIANCE, WASHINGTON, DC 20581
CREDIT
You must meet the following credit criteria in order to get financed: 18 years of age, U.S. resident, verifiable social security number, minimum combined household gross monthly income of $1600 and have no un-discharged bankruptcy. CircuitMicro.com inc and their affiliates reserve the right to decline an application if the applicant has a current active loan with us or formerly had a loan account with CircuitMicro.com inc and defaulted under the terms of that account

California Residents - A married applicant may apply for a separate account. As required by law, you are hereby notified that a negative credit reporting reflecting on your credit record may be submitted to a credit reporting agency if you fail to fulfill the terms of your credit obligations. You have the right to prohibit the disclosure to marketers of goods or marketing information concerning you, which discloses your identity.

New York Residents - Consumer reports may be requested in connection with the processing of this application and any resulting account. Upon your request, we will inform you of the names and addresses of any consumer reporting agencies, which have provided us with such reports.

Kentucky Residents - You may pay the unpaid balance of your account in whole or in part at any time.

You must be of legal age to obtain credit. You authorize CircuitMicro.com and there affiliates to obtain a credit report on you from consumer reporting agencies and to make such other investigations and inquiries as they deem appropriate, for any legal purpose. Any legal purpose includes consideration of this application and subsequently any update, further extension of credit, review, or collection of your account.

You are submitting a request for a loan pre-qualification, a loan application thru Circuit Micro (hereinafter, a "Request"). Circuit Micro can only give you the benefits of our service by conducting its business through the Internet. If your request is denied, you will be informed whether any credit report was requested, and if so, the name and address of the consumer reporting agency furnishing this report. Your initial credit limit and rate will depend on how you meet the established income and credit standards not limited to a valid Us Bank account for repayment ability. Multiple applications received by the same lender within a 90-day period may be treated as duplicates and only the original application will be considered. Any orders cancelled in the first 30 days (if) and (or) after any payment or payments are received are subject to approval. Approvals for cancellations are by the lender to determine if you are obligated under the contract to pay reasonable cancellation or penalty fees. There are no Refunds on Financing.

Monthly payments estimated on the site are based on standard product price (excluding shipping/handling/taxes), on a 48 month term, at 14.99% OAC. Rates very from 14.99% and up to 21.99% APR. The APR is not guaranteed and may change. Actual payment amount and repayment terms may vary. Repayment terms very from 12 to 48 months, you also may be eligible to receive 0% Apr, for 12 months per our current promotion of (12 months same as cash promotion)

This was taken from the CircuitMicro website at 2:15 EST on Dec 25th.

I would bring what Randy stated to a Lawyer, because he stated that you can get your "loan origination and underwriting fees of $39.96" refunded! While what is on thier website says that they cannot be refunded.

oh and just for amusement purposes.. his typo worrd 'accedes' means To give one's consent, often at the insistence of another; concede. " anyone else amused?

By checking "I Agree" and Clicking the Submit Button confirms you, have read and agree with the terms below.

I Agree
To Continue you must Check this

THE FEDERAL EQUAL CREDIT OPPORTUNITY ACT PROHIBITS CREDITORS FROM DISCRIMINATING AGAINST CREDIT APPLICATIONS ON THE BASIS OF RACE, COLOR, RELIGION, NATIONAL ORIGIN, SEX, MARITAL STATUS, AGE (PROVIDED THE APPLICANT HAS THE CAPACITY TO ENTER INTO A BINDING CONTRACT); BECAUSE ALL OR PART OF THE APPLICANTS INCOME DERIVES FROM ANY PUBLIC ASSISTANCE PROGRAM; OR BECAUSE THE APPLICANT HAS IN GOOD FAITH EXERCISED ANY RIGHT UNDER THE CONSUMER CREDIT PROTECTION ACT. THE FEDERAL AGENCY THAT ADMINISTERS COMPLIANCE WITH THIS LAW IS THE FEDERAL TRADE COMMISSION, ECOA COMPLIANCE, WASHINGTON, DC 20581

By pressing the submit button above, you guarantee that you are at least 18 years old and the data above is complete, true and accurate to the best of your knowledge. You further authorize Circuit Micro and their affiliates to verify the data included in this application in whatever way deemed necessary and appropriate.

CREDIT
You must meet the following credit criteria in order to get financed: 18 years of age, U.S. resident, verifiable social security number, minimum combined household gross monthly income of $1600 and have no un-discharged bankruptcy. CircuitMicro.com inc and their affiliates reserve the right to decline an application if the applicant has a current active loan with us or formerly had a loan account with CircuitMicro.com inc and defaulted under the terms of that account

California Residents - A married applicant may apply for a separate account. As required by law, you are hereby notified that a negative credit reporting reflecting on your credit record may be submitted to a credit reporting agency if you fail to fulfill the terms of your credit obligations. You have the right to prohibit the disclosure to marketers of goods or marketing information concerning you, which discloses your identity.

New York Residents - Consumer reports may be requested in connection with the processing of this application and any resulting account. Upon your request, we will inform you of the names and addresses of any consumer reporting agencies, which have provided us with such reports.

Kentucky Residents - You may pay the unpaid balance of your account in whole or in part at any time.

You must be of legal age to obtain credit. You authorize CircuitMicro.com and there affiliates to obtain a credit report on you from consumer reporting agencies and to make such other investigations and inquiries as they deem appropriate, for any legal purpose. Any legal purpose includes consideration of this application and subsequently any update, further extension of credit, review, or collection of your account.

You are submitting a request for a loan pre-qualification, a loan application thru Circuit Micro (hereinafter, a "Request"). Circuit Micro can only give you the benefits of our service by conducting its business through the Internet. If your request is denied, you will be informed whether any credit report was requested, and if so, the name and address of the consumer reporting agency furnishing this report. Your initial credit limit and rate will depend on how you meet the established income and credit standards not limited to a valid Us Bank account for repayment ability. Multiple applications received by the same lender within a 90-day period may be treated as duplicates and only the original application will be considered. Any orders cancelled in the first 30 days (if) and (or) after any payment or payments are received are subject to approval. Approvals for cancellations are by the lender to determine if you are obligated under the contract to pay reasonable cancellation or penalty fees. There are no Refunds on Financing.

Monthly payments estimated on the site are based on standard product price (excluding shipping/handling/taxes), on a 48 month term, at 14.99% OAC. Rates very from 14.99% and up to 21.99% APR. The APR is not guaranteed and may change. Actual payment amount and repayment terms vary. Repayment terms are from 12 to 48 months, For qualified Buyers, a 0% Apr (180 days same as cash) is available.

You also further Authorize CircuitMicro.com and their affiliates to electronically debit your account supplied above, for the loan origination and underwriting fees of $39.96, which is required buy the institution that has approved your request. Once your financing is finalized, we'll refund you the fees in store credits toward your purchase, if your purchase is over $1000.00 we will double it, and triple it If your purchase accedes $2000.00

In the unlikely event you change your mind, and choose not to participate, after you have submit your information, we will not be able to credit you the fees, the fees are otherwise non-refundable to cover the approval process.

Please Do Not give us closed or incorrect account numbers, It will

only prolong the processing of your application and also trigger additional and unnecessary verification steps by the finance company, since this will raise a red flag.

If your payment is dishonored by your financial institution due to insufficient funds, You agree to pay a service charge of $25.00 (US), or the maximum allowed by law. You also agree that we may electronically collect returned items, service charges and other applicable charges. This payment transaction, and any associated collection efforts will be governed by the laws of the State of California, USA.

By completing and submitting a Request through CircuitMicro.com you acknowledge the receipt of this document.