Timothy
Palmer,#2Consumer Suggestion
Thu, May 27, 2004
Like many of the others I just read here, I too was ripped off by Ladco Leasing & LandMark Merchant Solutions. Ladco refused to do anything about thier affiliate not providing the website which basically reulted in the POS equipment being un-useable by me. After advice from my attorney, I stopped all payments to them as well as had my bank retract the last payment from August 2003. Seems now they (April 2004) have filed a charge off against my credit report, which has resulted in my losing valuable business credit, possibly losing my bonding as well. Haven't heard from the bonding company. I have just began hiring an attorney whom I am going to have file a suit for $100.00 on each dollar of charge off filed against me. Which only comes to 235k, I've already lost well over 250k in financing due to this.