Ripoff Report Needs Your Help!
X  |  CLOSE
Report: #592422

Complaint Review: NAB - North American Bancard - Troy Michigan

  • Submitted:
  • Updated:
  • Reported By: Amy — Athens Ohio United States of America
  • Author Not Confirmed What's this?
  • Why?
  • NAB - North American Bancard Troy, Michigan Troy, Michigan United States of America

NAB - North American Bancard --Misleading Consumers, evasive money grubbing sales ethic. Troy, Michigan

*UPDATE Employee: Company Response

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

Is this
Report about YOU
listed on other sites?
Those sites steal
Ripoff Report's
content.
We can get those
removed for you!
Find out more here.
How to fix
Ripoff Report
If your business is
willing to make a
commitment to
customer satisfaction
Click here now..

I have been with NAB with few problems for almost 9 years.  Wanting to give some business to my brother in law I wanted to change processing companies.  This is when all of the trouble started...naturally NAB has no reason to be civil with someone who wants to terminate service with them.  Not only were their actions uncivil but I feel they were criminal.


I asked for a copy of my contract, not having a fax they agreed to mail it to me.  The contract mailed was not readable...the print was small and obscured.  I asked for a legible copy and recieved the same version.  I figured I would just ask the sales rep. over the phone regarding contractual questions...big mistake.  Reps only care what is in your contract if you dispute one of their charges.


Claimed they did not receive my faxes confirming closing date...had to fax three times to finally get a hostle confimation.  Made it clear that I did not want processing fees for March so I wanted to close the account at the end of Feb.  Didn't mention that processing fees apply to end of the month Feb. transactions.


I have an email confirming that I was told I did not have to return my machine.  I have proof that conversation occured.  Just recieved a letter stating I'll be issued a $500.00 fee if my machine is not returned in 10 days of date of letter....three days from now.  Letter was postmarked two days after date of letter.  I was told that the contract I signed, which I cannot read,  hold precidence over the verbal aggreement.  I would have happily returned the machine because it's old and outdated.  They informed me not to return it over the phone so they could charge me the $500 when it was not returned on time according to the contract.


They are worse than carnies.  The contract plus intentionally deceptive customer service reps set you up to fail. I would be happy to be a part of a class action suit.


 


 

This report was posted on Ripoff Report on 04/12/2010 01:36 PM and is a permanent record located here: https://www.ripoffreport.com/reports/nab-north-american-bancard/troy-michigan-/nab-north-american-bancard-misleading-consumers-evasive-money-grubbing-sales-ethic-592422. 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

Search for additional reports

If you would like to see more Rip-off Reports on this company/individual, search here:

Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?

Updates & Rebuttals

REBUTTALS & REPLIES:
0Author
1Consumer
0Employee/Owner

#1 UPDATE Employee

Company Response

AUTHOR: North American Bancard - (U.S.A.)

POSTED: Tuesday, April 13, 2010


April 13, 2010


Dear Merchant,

NAB works very diligently to resolve all customer issues and complaints.  Since our inception in 1992, we have worked with over 125,000 merchants of all sizes and levels of complexity.  We provide a high level of service and support to our customers, as is evidenced by the low number of complaints we handle.  Occasionally we, like any other large company, may make a mistake or mishandle an issue.  When these are brought to our attention we resolve them to the best of our ability. 



First and foremost, our apologies for any misunderstanding that you may have incurred.

 

Our records indicate that there was an ownership change done the business and you signed a Merchant Account Agreement Application along with a Free Terminal Agreement with North American Bancard on or about January 19, 2007, for a term of 36 months, upon which time you agreed to all the terms and conditions contained within the Agreements for Merchant Account 878*******958. 



In regards to the agreement that was sent to you for review, I do apologize that you had such a hard time reading it but this was not the original paperwork that was mailed but a scanned copy from the system.  You should have received and retained a copy for your records when the ownership process took place.



The first cancellation request was received on February 4, 2010 and account was to be closed in March as cancellation process can take up to 30 business days but was not able to be closed as there was still processing on the account.


Our records also indicate that a call was made to our Customer Service Department on March 1, 2010 and the account was notated that it will close in April 2010 as there was still processing.  A Merchant Account is not able to be closed if there is processing where deposits need to be deposited into bank account.  In your case, you had transactions that were processed on February 28, 2010 and settled that went into the month of March causing the account not being able to be closed.



Section 5 Payment and Fees state,
Merchant agrees to pay and Merchant's account(s) will be charged for the discount, fees, and other charges described in this Agreement. Merchant also agrees to pay and Merchants account(s) will be debited for all fees, arbitration fees, fines, penalties, etc. charged by the card associations or network organizations on account of Merchants processing hereunder.



Should you have any questions regarding this response, please have your Merchant number ready and contact me directly at 800-226-6059.


Sincerely,


Diana Customer Service

Respond to this report!
What's this?
Featured Reports

Advertisers above have met our
strict standards for business conduct.

X
What do hackers,
questionable attorneys and
fake court orders have in common?
...Dishonest Reputation Management Investigates Reputation Repair
Free speech rights compromised

WATCH News
Segment Now