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

Sara of Rumford, RI June 9, 2010

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?

Frederick of wyoming , MN March 31, 2010

A co. I had once owned leased a credit card machine, sold co. next person didnt pay off suede me in court out of state took the money out of my personal act. now hasnt taken it off of my credit report. has my credit on hold to buy a new home because of it.

Arthur of Plymouth, MA March 25, 2010

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 overgharged. Device sent to Emdeon by their request. Please supply contact information for LEASECOM.

Pall of Brookshire, TX December 17, 2009

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.

Robert of Sylmar, CA September 17, 2009

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.

Donna of Cleveland, GA May 22, 2009

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??

Beverly of College Station, TX April 15, 2009

Beverly of College Station TX (04/15/09)
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.

Kristine of Moorhead, MN December 1, 2008

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.

Lola of Columbus, OH August 14, 2008

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.

Ladonna of St Marie, MT February 25, 2008

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.

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