Complaint Review: Monex - Nationwide
- Monex Nationwide USA
- Phone: 1(866)-286-7787
- Web: www.monex.com
- Category: Credit Card Processing Companies
Monex Very sneaky, heavy handed and unethical Nationwide
*Author of original report: I am in Ontario
*Consumer Comment: Ripped off
*Author of original report: That may be where it is going
*Consumer Comment: ripped off
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..
Monex contract (in such small print it can not easily be read) initially says 90 months. The salesman advised this was not good and shortened it to 48 months. He advised me that in 48 months the terminal would be out of date and so would any other arrangements and Monex would be in touch before the end of the term to make arrangements to update with new equipment and anything else that would need to be addressed.
One paper attached advised to call to return the terminal at the end of the contract period of 48 months. When this was attempted, the Monex rep sent an email stating the contract was for 90 months. When they were advised the contract had been signed for 48 months, they then changed their story to state the contract states the non-renwal has to be sent in 120 days before end of contract or it automatically renews for another 90 months. With this came a demand for $5000.
Previously my wife sold her business and the same person at Monex lied to her and when she asked to speak to his manager he responded with "Who do you think you are?" And multiple times he told her 'We'll see you in court."
This report was posted on Ripoff Report on 06/22/2014 08:30 PM and is a permanent record located here: https://www.ripoffreport.com/reports/monex/nationwide/monex-very-sneaky-heavy-handed-and-unethical-nationwide-1156697. 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:



#4 Consumer Comment
Ripped off
AUTHOR: DyingOfBoredom - ()
SUBMITTED: Thursday, October 16, 2014
I am in same situation as you people. What's the update? BBB and redflagdeals is also full of complaints about this company. Any input from anybody is highly appreciated.

#3 Author of original report
I am in Ontario
AUTHOR: idohavalife - ()
SUBMITTED: Wednesday, October 01, 2014
Look for a home Inspector Paragon Inspections. I sent them a letter and email to explain how they have not kept up their end of the bargain. I expect their demand letter any day now.
Someone contacted me previously about a class action suit. This may be what gets their attention.

#2 Author of original report
That may be where it is going
AUTHOR: idohavalife - ()
SUBMITTED: Wednesday, October 01, 2014
I have just recieved a demand letter from a Kamran Baradagohari.
He is demanding $6327.00. I am in Ontario. Where are you, we need several more to join.

#1 Consumer Comment
ripped off
AUTHOR: yuamani - ()
SUBMITTED: Wednesday, October 01, 2014
Hello
I was just ripped off as well. Spoke to Chris who I have never spoken to before. Very threatening and menacing. He basically said the same thing to me. Would you be interested in a class action against their unethical practices.


Advertisers above have met our
strict standards for business conduct.