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Report: #812598

Complaint Review: Ladco - Knoxville Internet

  • Submitted:
  • Updated:
  • Reported By: aprovda — Los Angeles California United States of America
  • Author Not Confirmed What's this?
  • Why?
  • Ladco Internet United States of America

Ladco Ladco This company drastically overcharges for leased equipment and hides all the negative, damaging & expensive costs and surcharges burried in fine print of their contract. They are deceptive in their pr Knoxville, Internet

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Ladco and Evalon are companies you should avoid at all costs.  They drastically overcharge for credit card processing machines.  The way they work is by using Third Party Sales Force that that they can blame for your contract problems.  Bottom line is Ladco is a bad company who has found a way to fleece consumers with a NO CANCEL contract. 
The customer service agents intentionally obfuscate important details to prevent you from redress.  A machine that you can purchase for roughly $200 outright will cost you $40 per month over a mulit year contract.  In addition they bury a clause that you have to pay $5.00 per month for "Insurance" on the machine.  This company needs a reckoning.  The FTC should investigate the operations of this company now owned by US Bank.
Ladco and Evalon are both in bed together and try to blame the other for consumer problems.  They do not pass the 'STINK TEST" and you should look elsewhere for credit card processing.

This report was posted on Ripoff Report on 12/21/2011 05:56 PM and is a permanent record located here: https://www.ripoffreport.com/reports/ladco/internet/ladco-ladco-this-company-drastically-overcharges-for-leased-equipment-and-hides-all-the-ne-812598. 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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