Complaint Review: Vericomm - MBF Leasing - Ipayment - Valencia California
- Vericomm - MBF Leasing - Ipayment 27200 Tourney Rd., Suite 315 Valencia, California U.S.A.
- Phone: 800-361-8530
- Category: Credit Card Processing (ACH) Companies
Vericomm - MBF Leasing - Ipayment - EZ Check Scammed into believing that our savings with their credit card processing company would cover the cost of our lease for new machine. ripoff Valencia California
*General Comment: Was the Contract in English?
*Consumer Comment: Another Vericomm rep who has no clue
*Consumer Comment: VERICOMM....and the costs of doing business......
*Consumer Suggestion: Brent you need to do your homework
*Consumer Comment: Ana is not wrong
*Consumer Suggestion: Ana you are incorrect!
*Consumer Suggestion: General information about Merchant Accounts and how to avoid scams
*Consumer Suggestion: Helpful Info
*Consumer Comment: Questions About Vericomm
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Well come to find out the credit card interest and processing fees alone are more than with my old company. We called Vericomm and asked for a representative to come out and show us where our savings were, but nobody came. As for our sales rep the cell phone number he gave us was no longer taking calls.
I have talked on the phone to other business victims in the area. One said he went as far as to totally change his business account so the MBF leasing payment couldn't be automatically deducted from his account. Up to that point he couldn't get any help from them. After that they called him constantly. He told them if they want their machinery come and get it. I'm not quite sure how that could affect him because there is a "Personal Guaranty" section on the lease that is signed personally with social security number etc.
This company (Vericomm) needs to be stopped. The biggest part of the scam is the leasing of new overpriced equipment. There must be some good commissions there. I checked on the internet and could buy all my equipment outright for around $1500.00 dollars. The lease is for $160.00 dollars a month. Now I have to go to the the State Attorney General.
I never believed a business could get away with this.
Buffalo, New York
This report was posted on Ripoff Report on 09/18/2006 05:53 PM and is a permanent record located here: https://www.ripoffreport.com/reports/vericomm-mbf-leasing-ipayment/valencia-california-91355/vericomm-mbf-leasing-ipayment-ez-check-scammed-into-believing-that-our-savings-with-211642. 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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