After find out getting scam from 2 door to door salesmen, I closed my bank account and sent the confirm to MBF leasing with the letter below:
To Whom It May Concern:
This purpose of this letter is to request a cancellation of lease number xxxxxxx my position that I am now paid in full per terms agreed upon with ( names of 2 salesmen and their company name ) All handwritten information listed on this contract, including the schedule of lease payments, were fraudulently inserted after my signature was obtained. The verbal conversation and agreement between me and Jason Poe, Jay Sharp at the time the lease was signed concluded that the terms of the lease were month to month and no cancellation fee.( Video picture file) You can tell from the different handwriting on the lease that the information was added by another individual that was not present at the time of the signing of the lease. I cannot even be 100 % certain when the lease was signed as the date was added next to my signature by someone else.
I expect to be released from this lease immediately and pay full refund $110.61was charged to my bank account and I also like to confirm that my bank account already closed so do not take any more payments from my account. And provide paid shipping label to return your equipment.
Additionally, any phone calls to (my company name) or any other phone number you may obtain for the purpose of contacting lessee, for the purpose of requesting payments on this account will be considered harassment and used as evidence in court. Washington allows single-party consent for telephone call recording. Be advised that all calls to Hair Experts or my personal cell phone (or any other contact with lessee or other owners of ( company name) may be recorded, documented, published and used as evidence.
I will report to the following agencies to protect my interests against your company and to report allegations of fraud and misconduct on the part of MBF Leasing, LLC:
1. Washington Attorney General.
2. Illinois Attorney General. 3. New York Attorney General
4. Better Business Bureau
5. Federal Trade Commission.
If lessee is not fully released from this lease immediately, if any more harassing phone calls are made, or if any negative reporting to credit agencies occurs lessee will hire a private attorney to pursue the following legal actions against MBF Leasing
At the time of the signing of the lease, a copy of the contract was not provided to the lessee so that lessee could review the terms. In fact, a copy of the lease was not provided to lessee until a letter dated June 03, 2014 was sent requesting more money to cover insurance for the equipment. At that time, the opt-out period had ended. It was also not until this time that lessee became aware of the additional handwritten information on the lease.
The schedule of lease payments, which lessee contends were fraudulently added after signature was obtained, is unconscionable in and of itself. Therefore the lease became invalid need to be fully release immediately please.
At $79.00 per month for 48 months, lessee will have paid $3792. in lease payments for a used piece of equipment which can be purchased new for under $200.
MBF Leasing, LLC, SALESMEN violated certain deceptive trade practices act provisions by purposely caused confusion as to who SALESMEN worked for and who the lease was being signed with.
I plan to pursue these actions against MBF Leasing, LLC and any other action my attorney recommends and that is allowed for under the law. I will pursue relief related to mental anguish, recovery of attorney’s fees, and any other remedies for which I may be entitled. Pursuit will be made in any jurisdiction that is allowed for under the law, possibly including small claims court in Harris County, civil court in Harris County, and civil court in the state of New York. Additionally, I will be in contact with the county and district attorneys of Harris County to seek consumer protection under Sec. 17.48.
Thank you for your attention to this matter,
2 months later, i did not see any more bill send in ask me to pay for the lease. I call them, they let me know my lease account was already closed and let me know have to return the credit card machine to Harbortouch it is not belong the MBF.
I canceled my credit card machine and sent it back.. in 2004 now I have a judgement in 4/26/2013 The company no longer exists.. I have a small disablity income. My home I rent is being sold. the owners have died and the sons are selling I am being evicted June 1502014. I have lived here for 20 years.. I have no where to go.. Can't get loan because of judgement... can anyone help me please.. Were going to garnish bank account sent proof of disablity income... CAN ANYONE HELP ME PLEASE
I canceled my credit card processing company in Sept 2011, they just kept taking more and more. I signed with a new company that deleted most of the charges I was paying, and they loan me a machine at no charge, I called MBF to cancel that contract and they said it is non cancel-able, even upon death your heirs are liable. I said fine, i've got a new machine and it doesn't cost me a penny. So I will pay you for the next 10 month's, and ship it back to you prior to the end of the contract. This caused a 30 minute argument on the phone with him saying that these machines cost $800-$900 and nobody will furnish one free. I told him get used to it because many processing companies are doing just that to get your processing business. This all came about because in order to return your machine to MBF you have to put your lease # on the box and he wouldn't give it to me until he had his chance to try to get me to buy the stupid machine as a backup, I said no I've already paid you over $2, 000 for what in reality probably cost about $30 in china. I guess they figure the best way to get even is to continue taking ACH debits as lease payments. I called them on 09/04/2012 and was told that they would send me a refund check, after a month I called them again and ask where is my check, I was told it went to processing on 09/25/2012 and I would receive it in about 8-12 weeks. That's Christmas. MBF I'm not waiting that long, I checked with the Colorado Sec of States rules and regs, guess what your contract violates Colorado law, waiver of my rights in your contract, illegal, won't stand-up here. Also the section on all legal matters dealing with the contract, no good, the contract ended in July, your Ach debits from my bank acct. took place in Colorado after the contract ended. I'll see you in court here. Be sure and pack for cold weather.
Just so you know I'm serious here is just a sample of what is to come, look it up: Colorado Revised Statutes C.R.S. 18-5-702
title 18 Criminal Code Article 5 offence involving Fraud Part 7 financial transaction crime
First of all, MBF Leasing is a huge rip off! They leased equipment to us valued at $800 (tops--if we had bought it from an expensive retail store) for $250 per months for 48 months (not including tax and insurance, which totaled $280/mo). That means we paid $13, 400 for equipment worth only $800. Okay fine, we made a mistake by signing with these greedy money grubbers--that's not the killer.
Their customer service representative lied to us and told us to return the equipment a whole month early. We paid for 48 months of leasing and only received 47. I called customer service and spoke with their manager, the most useless manager I've ever spoken with. He said that the bottom line is that we signed a lease for 48 months, they got 48 payments, and that he will terminate the contract--then he hung up on me.
Total losses: $12, 500 and a month of leasing
Seriously, do NOT sign with this company, unless you don't care about your money.
Ben New of Merchant Services aka MBF Leasing, LLC kept evading my question of "how much is the lease fee for the machine?" with "it's included in the service fee". He never stated that the service is the lease amount and I would be signing a contract for 48 months at $189.99+17.58 tax=207.57 for a grand total 9963.36 for $500 machine.
Read the contract!! DO NOT listen to Ben New or anybody else from this company they will be lying and deceiving you.
I suspect MBF Leasing and Lease Finance Group are one in the same.
November 28, 2006 a representative from Merchant Services (a credit card processing company) came to our place of business (small Auto Repair) my Husband was busy and the rates the saleman quoted were less than the company we were currently with. At that time, we owned our own Credit Card machine. The Salesman (Mark DiResto) told my husband that we couldn't use that machine we would have to lease. Thinking the lease would be until the machine was paid for, he said he would lease it. After 3 years we wanted to change companies and I called Merchant Services to see when our contract was up. I was told it was already up and the contract was only 3 years. They informed me that the machine was a totally different company not connected in any way to them. I had only one contract and the worksheet the Salesman left. The company name on the worksheet was Merchant Services and the contract was blank at the top with no company identification on it. The person from Merchant Services gave me a number to contact MBF Leasing. I tried several times to contact them but it all led to their system disconnecting me. Finally, I sent a fax asking someone to contact me. I got not call. I put a stop payment on the account. In checking my records I found that the contract started at $139.99 and ended up @ 159.46 per month, we were never notified of the increase. They rudely contacted me after they were unable to get a payment. I asked for a copy of the contract and they faxed it to me. I couldn't read it and the next person who called and harrassed me (Eric) They were calling 2-3 times a day, told me he would send a hard copy. I never received a hard copy. In the meantime, they somehow, without authorization, took $1990.86 out of our account! They sent me a copy of the contract which seems to be signed by my Husband but we did not have a copy of it nor do we remember it. We paid over $6, 000 for a $400.00 machine! I checked MBF Leasing on the internet and found that they have An "F" rating with the BBB and 756 complaints filed against them. Can someone please stop them?
They tricked me with a contract for checkservice and then i found out they charging me for leasing the machine i told them i dont need it because i have one they keep pulling money from my account and after a fight to cancell with them and return the machine back they came after 2 years and pull $4000 out of my account i need to take a leagel action but need a group suuport from people who been through that with them and i heard it is thouthand out there having this proplem with them if we all gather together we can get our right.
I quit using the terminal several years ago when I changed my merchant company to Icon. A big mistake. Icon was supposed to pay MBF leasing but has never paid it. I am stuck paying of the lease for 2 more years of $59.06 per month.
When the lease is over I have to return the terminal so I decided rather than keeping it here and it getting damaged or mispaced. I returned it. Now MBF is telling me they never received it. When my lease is over they will charge me $300 for the terminal. It never came back to me so you know they received it.
If you are living in Texas and mistakenly doing business with this company You should know that:
Sooner or later you will know that you are scammed, then you are sued,
You should be aware of MBF leasing was know to have scam the customer for very long time, every court clerk in New York Civil court know that.
Be aware of MBF Leasing may bride the court personel to gain the court favor decission because of MBF can not win you by facing you in the court for that reason it Using the following technique to win you:
- Re set the court date without notice you to cost you the air ticket.
- Suddenly during the course of trial you received the summary judgement in favor of MBF leasing. MBF get this favor default judgement by bride the court personel.
and You also need to be aware of:
This company do not have the original contract with the customer. For that reason you should request the company the original contract.
You should complainnt to alls related attorney general, to all of the better business bureau, to federal trade commission.
One day MBF leasing may pay for their crime and all of its directors will go to jail.
Credit card processing company salesman came in 2 years ago promising lower rates. after completing a worksheet showing how i would save hundreds of dollars a month. i agreed as long as he got rid of my other processors contracts. I told him i did not need a machine i already had one that was paid for that worked with my pos system. I was told i neededthe new machine and it would work with pos and still save me lots of money. when i got my first bank statement i complained to the salesman and he said he no longer works for the company they made him do unethical things. Iwas shown my signed lease agreement. i really don't remember signing it. why would i sign it? For the last 30 months i paid 143 a month for something i did not need. the proccesing company who had cheaper rates went up a few months later and now i'm paying for that as well. I need to get out of this lease, any suggestions.
Like many others, I fell for the MBF Leasing scam. In July 2005, a salesman named Dave from Vericomm approached me with the promise of saving me money on my credit card processing fees. I didn't know that we already owned our own equipment, and lured by the promise of lower fees, I decided to jump on the opportunity. He explained that in order to have these savings, I had to sign an equipment lease from his company for $159.95 per month, for 48 months. I SIGNED IT! YES I DID!
Later, of course, I realized that this same equipment I had leased for 4 years could be purchased for a few hundred dollars at Costco or elsewhere, and that I was paying almost $8, 000 (more, since MBF started charging me MORE than this amount, for some unknown reason). Because I felt ashamed, and because I figured that it served me right to learn my lesson, I continued to allow them to debit my bank account each and every month since then.
But now, it's September of 2009. They are STILL taking money from my account, even though our lease agreement has ended as of July 2009. Okay, I've paid for my lesson, thank you very much. Now I would like them to return the money to me that they wrongfully took out. I have called three times, left three messages (after holding for approximately 4 to 7 minutes each time), and can you guess? No response.
I am now in the process of closing my bank account so that they cannot withdraw money anymore, and you can be sure they'll call me back at that point. Stay tuned...
I was cheated by this company the same way they cheat other company.
I was sued by them in New York Court. I went on to answer the court and follow the court order to appear in court to defense myself. I demanded this company to provide me a solid original contract with my name, signature. This company do not ave the contract. and they are very onerous each time I appear in court they reset the court date without notice you. They scam the consumer and cheating the legal system. They cheat me like they cheat thousand of people. Can we start the class action against this company
My name is Christopher Kendrick. Back in 2003 or 2004 a company called me about doing an online business however they required me to lease a credit card terminal. The lease was for $69.10 a month. I was unaware that this lease agreement was for 5 years. I have been paying them all along and now they have started taking money out of my checking account without my permission. This has to stop as I am in no situation to be throwing money to anyone. Someone, please help.
In Oct 2008, my uncle agree to a trial period of 3 motnhs to try out their credit card machine. So the money automatically withdrawn out of the bank account. After 3 months, they gave back the machine but money was still taken out of the account. Beginning of March 2009, after she stop payment, my aunt have called me to talk to them about the lease. My uncle stated that he DID NOT sign any lease. I called Mark Clark and requested that a copy of the lease be faxed to me which he did. When I look at the signatures, that was not my uncle's signature. I told them that, and they told me to send in notarized proof of signatures which I did. Meanwhile the harassing of phone calls starts. They would call 2 to 3 times a day and don't want to speak to no one but my uncle. When my uncle told them to call me because I have his authority to handle the situation, they would totally disregard his requests. When I called them on March 23, 2009 and stated that I spoke to Mark Clark on March 16, 2008 about the fraudalent lease, they told me they just received notice on the 23 of March when I received a reply from them on the 20 stating that I so-called missing paperworks. So that was a lie. When I called them 25th of March, supervisor was very rude and hung up on me. They called my uncle shortly after that. I then called them again, thye then refused to let me speak to the supervisor because the issues can be handle by anyone. I called back after they hung up on me and they don't even answer my calls.
I have filed a complaint with the Federal Trade Commission. And waiting for the results now.
I too am a victim of MBF Leasing. In 2005 I signed a lease which I had thought was month to month. In October of 2008 I called to cancel my lease as my company was closing and they told me I couldn't. For lack of time and effort, I continued to pay on the account until today when I called to get the mailing address of where to send the equipment back to. I figured I would pay the remainder of the lease and send the equipment back.
When I called and waited for 38 minutes the first person I spoke with gave me the address and then yelled at me telling me I couldn't send back the equipment until June when the lease was up. I told her I just wanted it out of here and would pay the remainder of the lease, she hung up on me.
I called back and spoke with another woman, who when I was telling her this, slammed down the phone, her name was Tiffany. A supervisor then picked up the phone and said she had been listening to the conversation and didn't like where it was going. I was FURIOUS and told her that I was the customer..she didn't let me finish, she called me a "###" and hung up on me. I am not of African American descent, not that it even matters, but who is employed by a company and says these things? I was so appalled I started to shake and cry!
I called back and got Zach on the phone, I started over and didn't tell him anything. He gave me a completely different amount that I needed to submit to the company.
At this point, I don't even know what to do. I obviously do not want to pay them one more dime, I have been paying since Ocotber on equipment that is sitting in my garage. I am so furious with their customer service and fraudulant business practices. And now after reading all these posts, I am scared to death that they will call me 100's of times a day.
ugh, beware small business owner of MBF...what a horrible company and even more horrible people that work for them.
MBF Leasing withdrew money from an unauthorized checking account. I wrote a letter to Sioux Falls, SD Police Dept. about theft and fraud. Police called Sioux Falls MBF Leasing. A few days later I got a letter DEMAND FOR PAYMENT from MBF Leasing. Police told me I needed to file with Civil Court. MBF Leasing's sales rep picked up and returned credit card machine. The sales rep. told me he cancelled the lease because MBF was charging more than what we agreed. I'm a 65 year old widow who believed what the sales rep told me. This Sales Rep said he could make a Transfer C to MBF Leasing sister company Finance Leasing. This company is billing me what we agreed and I'm satisfied with Finance Leasing. MBF Leasing is demanding $4, 462.91 even though the sales rep told me he cancelled contract and returned the machine within the first 2 months of signing contract. The letter from MBF Leasing letter says (commence legal proceedings against you to recover all monies due, including interest and attorney's fees if I do not pay immediately . I have 6" of paper work I have been writing to this company. What can I do if this goes to court? Will I have the opportunity to be in court? Is this Company so hard up they have to get money for something they don't supply or work for?
Feel free to email me at [protected]@gmail.com Ok, i have the same story as everyone else. Long story short...
I've been charged 2 months from my checking account since 8/11/08 and I never even received the stupid credit card processing machine. I've made phone calls, sent faxes and today got a letter saying that I had entered an agreement whereby I was stuck. Really *** me off so what can I do other than go to every board I can find and bad mouth them? I contacted my bank today about declining their bank draft from now on but haven't heard back from that yet. PETER DEPALMA from UBCOA is on my No. 1 *** list. He and MBF are in cahoots.
We signed a bunch of papers, many were blank, not yet filled out. We ended up leasing a card processing machine and check reader at $170 per month for 48 months. We could have bought a new machine for $139. Of course the lease is non cancellable. Our rep has not called us back. I am furious! I am more than happy to join a class action lawsuit. Anyone else out there!?
Merchant Services charged us $55 in "minimum fees" for the month of August even though we were not yet set-up to begin using the equipment until September. Did they do that to others?
MBF Leasing is a crooked fraudulent company that has harassed my business by calling up to 30 times a day 5 or 6 days a week since September of '07. They claim I signed a lease that I did not sign. They sent a third party sales person to my retail store and tricked me into thinking I was getting a check verification service for a price of $13.00 a month when it was actually $113.00. I had to change bank accounts due to fraudulent withdrawals they were making adding up to over $500 and now they are attempting to sue for $3500. They are unprofessional and bottom line crooked. What a mess. Do not do business with the company!!
Sometime in Feb of 2006 my son was approached by a salesman who worked for Vericomm. The salesman told my son...