Report: #92428

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

  • 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

Show customers why they should trust your business over your competitors...

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.
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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/reports/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. 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

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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