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Report: #1183674

Complaint Review: Payment Systems/Lease Finance Group - New York New York

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  • Reported By: Byrd Limo — Claremont California
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  • Payment Systems/Lease Finance Group 132 E. 31st. St. New York, New York USA

Payment Systems/Lease Finance Group Global Leasing Company Beware of Payment Systems and or Lease Finance Group/Global Leasing Credit Card Processing Deceptive Con Companies New York, Los Angeles, Chicago New York, California

*REBUTTAL Owner of company: dealing with the same thing

*REBUTTAL Owner of company: The Scam

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I, like many other companies was hoodwinked by these 2 companies. It started with payment systems soliciting merchant services to me at a lower rate. My story is the same or very similar to the others. Basically, they found a way to "legally" take our money. You risk ruing your credit if you break the contract early, so those of us with good credit stick it out and take the unscrupulous blows until our time is up 4/5 years later. I am so scorned by their practices that I don't care about saving money anymore when it comes to new companies offering a lower rate. If you are working with a reputable honest company, Stay with them! My story goes further pass the 4 year agreement.

The credit card terminal was supposed to be mine at the end of the lease. I thought I was smart by having the agent (Payement Sytems) write and sign that the machine is mine at the end of the lease on the contract. Well, About 2 years processing with them, the machine had issues so I called Payment Systems and they told me to send it in and they sent me a replacement which was great (1 good thing eventhough I was paying the monthly plus insurance fees on the unit). When I contacted Global Leasing to ensure the end of the contract and no more debitting my account, I find out that they are requesting that I send the machine to them and I must pay for the current lease month. I told them that the machine was mine and I have it in writing. they said No, that isnt on their contract and that's between Payment Systems and me. I said, Fine give me the address to send the machine. I did and made sure it was received before the cut off lease date. It cost me $21.38 which I didnt like but it would be worth it to just end the relationship.

The following month (2 months after end contract date) I see another payment taken from my bus. account. I called Global Leasing to find out that my account was still active because the credit card machine I sent to them was an upgraded Nurit 8020 and not the original down graded Nurit 8000. WHAT! you have got to be kidding me! the lady rep said No, you need to provide to us the exact machine that is on the contract. I told her that it broke and got replaced by Payment Systems 2 years ago, and she said you should have contact us, not Payment Systems (I thought I never contacted you in the 1st place). I asked what do I do if I cant locate that particular machine and she said you have to pay the replacement value at seven hundred something??I asked, so, you currently have an upgraded working machine, but you need the non working older model in order to close my accont? And she said, Yes!. So, I found out that it wasnt just Payment Systems that were crooks but also this Global Leasing Comapany. It is a total scam because I didn't even need to lease the equiptment, I could have purchsed a unit on amazon for about $600 instead of a 4 year lease paying out $5058.24 (plus 2 extra months for wrong equiptment return) but it was mandatory to set it up this way to get the low rate in the beginning. Now, after this whole ordeal, I don't trust any companys and what they propose. What I can do about this is to help someone else out by giving this information and hopefully they see it first and not deal with either of these companys. I also have gained knowledge from this and that is to not be lazy and check out the company on the internet before dealing or signing a contract with them.

This report was posted on Ripoff Report on 10/18/2014 02:42 PM and is a permanent record located here: https://www.ripoffreport.com/reports/payment-systemslease-finance-group/new-york-new-york-10001-3405/payment-systemslease-finance-group-global-leasing-company-beware-of-payment-systems-and-1183674. 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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REBUTTALS & REPLIES:
0Author
0Consumer
2Employee/Owner

#2 REBUTTAL Owner of company

dealing with the same thing

AUTHOR: ck9 - ()

POSTED: Tuesday, December 16, 2014

My lease was done in august.  Starting in October I they began sending me invoices again.  They won't let me "terminate" unless I pay for the past 3 months.  Every time I call to speak with someone about it they send me to voicemail. 

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#1 REBUTTAL Owner of company

The Scam

AUTHOR: Don'tbeasucker - ()

POSTED: Wednesday, October 29, 2014

  Is the bait and switch.. A salesforce lies about a contract. They pretend to work for the CC processor.. The promised rates are lies once the first statement comes.. Its too late to cancel without crazy fees...  Therefore I closed all my bank accounts and let the scumbags attempt to sue me.. I have the original contract stating the fees promised that NEVER occured...

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