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  • Report:  #576126

Complaint Review: VMS Velocity Merchant Services

VMS, Velocity Merchant Services Visa Mastercard Services (VMS Deceiving Contract) Oakbrook, Illinois

  • Reported By:
    Tan Man — Moultrie Georgia United States of America
  • Submitted:
    Mon, March 01, 2010
  • Updated:
    Mon, March 01, 2010
  • VMS, Velocity Merchant Services
    2021 Midwest Rd Suite 302
    Oakbrook, Illinois
    United States of America
  • Phone:
  • Web:
  • Category:

VMS uses deceiving tactics to get you to sign a 3 year contract. The application they sent me to fill out has "No Cancellation Fees" in huge letters on the front page. However on the third page of the application in very fine (blury) print is one sentence that there is an early closure fee of $495 if the agreement is terminated before a 3 year period. I will be checking to see from a legal stand point how one can so obviously put that there are no cancellation fees on one page and then hide that there are cancellation fees within a bunch of fine print on another page. I will also be filing a complaint with the Better Business Bureu.

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