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Consumer Affairs


Leasecomm

Waltham, MA


Consumer Complaints & Reviews

Leasecomm has finally run afoul of the law and is canceling $24 million in judgments against consumers (story).

I like the others you have read about opened a home-based web business under my own name DBA "sara m enterprises" after a leasecomm contacted me and sold me on the idea that i could do this from home selling from a website and the only thing I needed to due was rent the credit card processing equipment from them for 99.00 a month deducted automactically from my checking acct.

Ofcourse one month later when nothing happenedo and the salesman who leasecomm never heard of never called, I was slapped with the non-camcellation lawsuit out of my home state. I settled. There was never any equipment or business. The contract was frudulant but the agreement was binding.

My question is how long is the statute, and is it possible to sue them now that I am older and wiser?

A company I had once owned leased a credit card machine. I sold the company, the next person didn't pay off. They sued me in court out of state and took the money out of my personal act. Now they haven't taken it off my credit report. This has my credit on hold to buy a new home because of it.

Unable to get an EFT stopped for a POS device. No phone number. Dead end with Emdeon who supposedly took over. Blue Cross saying we never needed to pay anything for the "monthly rental". If so, five years of fees overcharged. Device sent to Emdeon by their request. Please supply contact information for LEASECOM.

Back in 2001 I open a mechant account with Delta Merchant Services. I signed a 36 month no cancel agreement with leasecomm at the time. After about 4 years I sent in a cancellation per their instructions of the account to leasecomm thinking that that would be it and did not give it another thought.

Years later of not having closely monitoring my business bank account, I found it never was cancelled.
I then called in October of 2009 and again sent in my cancellation request. I did follow up this time and they did receive my paperwork but told me that I would have to pay another month.
They sent me a statement for $30.40 which I promptly paid.

Two months later I get another statement for $5.00 for a collection letter.

I called in today 12/17/2009 and the guy on the other end kind of chuckled told me he would wipe it clear.
I wonder after reading all of the complaints on this company if I really am done with these folks.

These people are really seem like some kind of vulchers.

I had a Floral Company in Huntsville Alabama. It was incorperated and closed the incorperation and Filed the report with the State of Alabama. I also had the agreement of the new buyers noterised. The company was sold in 1997. Daniel and Nicole to Purchase and agree to assume all debt. expenses and obligations associated with little orchid annies, including present lease agreements. Daniel and Nicole talked to leasecomm and they were told the account was transferred into their names.

I then get a call form J. D. Carlson Atorney, Bakersfield, CA 93309. Carlson took me to court and told me I had to pay $5000. for the machine. I have paid $4,700. With the payment of today, I have paid $4,800. Carlson informed me today i still owe a lot more money. I did all legal filing and have all records if you need to have copies. this is a fraud, and I have paid enough for a machine that didnt cost $100. I have lost two of my companies and now i have lost my house. I think paying $5000. is enough. These people need to be taken to court and punished.

I "leased" a credit card processing terminal through this company via my processor...Merchant Lynx...for a period of 4 years...2002-2006....they NEVER contacted me to renew or renegotiate but continued to go up on my lease payments each year...they started at $59.99 for the first 4 years..they are now up to $74.87....

I finally did some investigating and realized that was being scammed and decided to change companies....they have become extremely aggressive and nasty over the phone. I have paid thousands of dollars for a terminal that is only worth $100 or less. Now they want another $300 to keep it or return it. This company has many complaints against it...is there no way to stop this kind of business??

We originally signed a 48 month non-cancel lease to use a vitural terminal. they insisted we had equipement we do not have any equipment nor did we ever. we were told we could buy the software use for authorize.net online terminal for one amount apporx $3,000 but we chose to sign a 48 month payment plan instead. They have never sent us a renewal nor did we authorze any more withdrawls other then the 48 months. they have been taking out $52+ a month then up $62+ now for over 10yrs!

they've bascially stole thousands of dollars from us! we want money refunded to us.

Leasecomm has been deducting $38 from our business account despite attempts to pay off the balance on a lease agreement. They claim they never received the 2 checks we sent them. Also, they refused the return of the equipment which would have satisfied the lease agreement.

They never sent notification of the pay-off or other options. They have been collecting $38 every month for 5 years.

judement from lease comm paid won;t take off credit report. Paid which I want thur MRC receivable co and then a at office. Also public record as a judgement please remove. their co is faulelet. Really mess my credit up and Public record for 9 yrs.

Leasecomm got a judgement agaisnt me in 2007 in Boston but then the FCA got a 24 million settlement from Leasecomm tp dismiss all cases to date. But this lawyer from Portland froze my account based on teh Boston judgement and, even before I had the 30 days chance to respond, he tool 8000 from my account. I lost about 8000 dollars

I have originally started with them in late 2001 and have been forced into payments for a "Virtual" terminal that started off at 49.00 a month...which I never got a chance to use. Now, some 6 years later, the contract amount is still above $1400.00 and I have been making monthly payments of $100.00 per month, only to find that they have given me a negative credit report, in addition to continual contract extensions without my knowledge. This amount seems to never end and get threats from them every 2 weeks and I am victim of fraud. Please help as I refused to make any more payments to this shady organization.

I was solicited by phone first, then in person by a salesman from Xtracash ATM looking to place anATM terminal in my place of business. This soon became a team of three salesman with the team leader being Joe Messina of Xtracash ATM. I eventually agreed to place theATM after reviewing a contract from Xtracash, but shortly before delivery this contract was switched to Leasecomm who they claimed had just merged with Xtracash and I would need to sign this contract. I was assured by Mr. Messina that the contract could and would be voided and theATM terminal relocated if the bussiness needed to close its doors.

Due to our close proximaty to the World Trade Center Path station we were forced to close this location. I had contacted Mr. Messina and Leasecomm to have the terminal relocated . They refused and Leasecomm denied responsibility or knowledge of Mr. Messina and continiued to withdraw payments from my business account until it was depleted. Leasecomm filed suit, won a Judgement, has a lein on my home and has destroyed my credit rating. I have just learned the Federal Trade Commission has a ruling against Leasecomm for deceptive sales practices. I did not know this when I went to court. What can I do?

$6000.00 lein andcredit rating damage.

On or about 03-01-06 I received a letter from Leasecomm demanding over $600.00 because I did not cancel a contract properly. Not knowing what this was about I contacted Leasecomm and spoke to Mike Mahoney. Mr. Mahoney indicated the contract was for a lease of a credit card machine leased to Best Rubber Stamp and Seal Corp. I informed Mr. Mahoney that Best Rubber Stamp and Seal Corp. was dissolved in Feb. of 2006 and the credit card machine lease was up in april of 2004. Mr. Mahoney indicated the machine was to be sent back to Leasecomm within one month of ending the contract with a letter closing the account because I did not follow this plan I owed Leasecomm over $600.00.

I advised Mr. Mahoney the Card Services International salesman informed me BesRubber Stamp and Seal Corp. would own the machine at the end of the lease which was opened in April 2000 and ended April 2004. I continued the lease for an extra 20 months until the corp. dissolved in Feb. 2006. I paid Card Services International $59.95 for 68 months for a total of $4076.60. Mr. Mahoney insisted I pay Leasecomm and did not care what the Card Services salesman promissed. After speaking with Leasecomm I contacted Card Services who advised they could not help me. They indicated the lease of the machine was a separate issue which they had nothing to do with. I pointed out I was making payments to Card Services Intl. and the machine has a Card Services logo on it yet they had nothing to do with the machine.

Following my contact with Card Services I went on the Internet and discovered a multitude of complaints against Leasecomm most of them mirroring my complaint. I e-mailed the Federal Trade Commission who suggested I contact an attorney for help. Please help me. I dont want these crooks to get away with ripping me off!


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