We have several problems with this company. We had taken out a small business loan with them several years ago through a company called First Funds. They use Cynergy Data to process their account. The interest rates were extremely high, but we needed the cash so we signed on the line. After our first loan was paid, they offered us another. Then we noticed that our loan seemed like it wasn't going down. They had tacked on another $1000+ to the loan in small handwritten print into our second loan docs, which we didn't notice. We paid them off and decided to be done with them.
We were offered a better rate with a new credit card processing company and changed in April of 2009. Cynergy Data continued charging us. We had a two year contract with them and we were well over the 2 yr limit. They claimed they needed us to jump through some hoops to stop charging us. So we did what they asked to cancel them. Today, they took out another $450. They claim that we had a 3 year contract and that it is the fee due because we had 2 months left on our contract.
I'm looking for anyone else whose upset with this company and I"d like to see if we can get any of these over the top fraudulent charges refunded.
Thanks for your time and effort.