Complaint Review: Ledco Leasing - Thousand Oaks California
Ripoff Report on CBS 19
Ripoff Report on CBS 19 - Global Marketing Alliance
Ripoff Report on ABC 15 - Smart Shopper
Ripoff Report - Girls Gone Wild
Ripoff Report on Fox 11 - Car Repair
- Author Confirmed
- Ledco Leasing 555 St. Charles Drive Suite 200 Thousand Oaks, California U.S.A.
- Phone: 805-3731910
- Web:
- Category: Credit & Debt Services
Ledco Leasing Lease payments rip off Thousand Oaks California
Show customers why they should trust your business over your competitors...
listed on other sites?
Those sites steal
Ripoff Report's
content.
We can get those
removed for you!
Find out more here.
Ripoff Report
willing to make a
commitment to
customer satisfaction
Click here now..
After working years for someone else I decided to buy a franchise.
Ladco was strongly recommended by my back as their partner in merchant services. The contract was written up the rep reminded me over and over that the lease amount was tax deductibles as a business expense. (should have raised a red flag but what did I know)
Well 18 months later the business failed and when I turned the franchise over to the new owner I offered to turn over the lease for the credit card machine and it's 52.00 a month payment. I was told I was crazy and she shows me her payment of the same equipment for 8.00 a month. I looked up the retail price of the equipment NEW and it comes to $600.00. Ledco expects me to pay 2500.00, 400% interest on the equipment and a 200.00 buy out at the end.
They over inflated the price of the equipment to start out, they push the fact that this high price is now deductible on your taxes.
Mike v.
Pembroke Pines, Florida
U.S.A.
This report was posted on Ripoff Report on 10/23/2008 09:01 AM and is a permanent record located here: https://www.ripoffreport.com/reports/ledco-leasing/thousand-oaks-california-91360/ledco-leasing-lease-payments-rip-off-thousand-oaks-california-384065. 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
If you would like to see more Rip-off Reports on this company/individual, search here:
Advertisers above have met our
strict standards for business conduct.
