Report: #557297

Complaint Review: MBF Leasing

  • Submitted: Wed, January 20, 2010
  • Updated: Wed, January 20, 2010
  • Reported By: David — Scottsdale Arizona United States of America
  • MBF Leasing
    132 W 31st St.
    New York, New York
    United States of America
  • Phone: 1 866 781 0440
  • Web:
  • Category:

MBF Leasing Merchant Services Equipment Scam - AVOID THEM! New York, New York

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MBF Leasing is purely a scam. I was conned into $134 a month for 4 years (over $6432) for a $300 machine, being told that the money I would save on my merchant charges would more than cover the $134/month, but I had to take the machine (which I have never used) to get the account.

I am over 2 years into the lease, but am paying them $2651 just to terminate the lease and have no further dealing with them. I have to return the equipment as well, after all this money they still own it!! I cannot understand how people can work for companies like this.

Anyway, I recommend everyone writes to the New York Attorney General and maybe if enough do, something will be done to shut this company down. Also worth adding to the BBB NY office list of complaints against them.

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This report was posted on Ripoff Report on 01/20/2010 11:01 AM and is a permanent record located here: 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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