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resolved to the customer's satisfactionResolved Balboa Capital — beware of scam!
resolved to the customer's satisfaction
Do not lease anything from this company! We bought a business in 2006 and decided to add a piece of equipment which was priced at $12, 000 in january 2009. We had an offer letter from balboa capital and decided to give them a try. Bradford j. Williams was the account executive and everything was relatively easy and sounded great. He told us on multiple occasions that our equipment would be a 3 year lease with a $1 buyout option at the end of the term for which we agreed to. When he sent over the contracts he marked where to initial and sign, looking back now of course to just get it done without us looking at the fine print. We are 90 days away from our lease end and account manager michelle who is extremely rude, sent our buyout amount: $12, 126.46!!! Upon speaking to michelle her answer was simple, it doesnt matter what bradford told you, you signed the contract. So now we have the option to return the equipment (That we still need and thought we'd paid for) , or pay that amount. Who in their right mind would pay '$35, 000 for a $12, 000 piece of equipment? We already are considering legal options due to their past history. Just go to www.Bbb.com and see for yourself there's tons of stories identical to ours. Or go over to http://articles. Latimes.com/2009/nov/21/local/la-me-churches21-2009nov21 and read all about how they scammed churches!
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