- Report: #54765
Complaint Review: Merchant Services - Chicago Illinois
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Author Confirmed
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Merchant Services
233 North Michigan Avenue, Ste 1800 Chicago, 60601 Illinois, U.S.A.
Phone:
312-980-5600
Web:
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CIT Leasing Merchant Services, Inc. over-pricing products by 1000%, Rip Off monthly charges dirty ripoff liars Chicago Illinois 0601Chicago Illinois
CIT, Merchant Services in connection with Innovative Merchant Solutions put together a plan to Rip Off customers, Customers desperate to start a business and they provide the best scenarios ever. DO NOT BUY ANYTHING FROM ANY OF THE NAMES I AM MENTIONING ABOVE.
They are selling you a machine for over 2500 dollars a month when the machine is only worth less than 300 dollars. They are charging me almost 60 dollars a month no a non-cancellable lease. They know why they do this.
I am warning you please if you don't want to get in trouble do not use either of the companies I am reporting. These people know that they are stealing people's money. They are liars, they promise a price and at the end you end up paying a big price. I just read the message from Tom and this is exactly my situation. I am telling you.
Do not do business with them also, do not sign a non-cancellable lease with anyone unless you are sure this is the best for your business. They promise that if you are not doing well with THE BUSINESS YOU JUST GIVE THEM THE CREDIT MACHINE BACK AND PERHAPS 100 BUCKS OR SO, NOT TRUEE! all this is just to get your account set up and starting stealing your money. I Haven't close my bank account yet, but I NEED HELP! I cannot believe these kind of business can get a way with that. We are in America.. not in some wild country where people steal and it stays like that.
Hector
Stockton, California
U.S.A.
They are selling you a machine for over 2500 dollars a month when the machine is only worth less than 300 dollars. They are charging me almost 60 dollars a month no a non-cancellable lease. They know why they do this.
I am warning you please if you don't want to get in trouble do not use either of the companies I am reporting. These people know that they are stealing people's money. They are liars, they promise a price and at the end you end up paying a big price. I just read the message from Tom and this is exactly my situation. I am telling you.
Do not do business with them also, do not sign a non-cancellable lease with anyone unless you are sure this is the best for your business. They promise that if you are not doing well with THE BUSINESS YOU JUST GIVE THEM THE CREDIT MACHINE BACK AND PERHAPS 100 BUCKS OR SO, NOT TRUEE! all this is just to get your account set up and starting stealing your money. I Haven't close my bank account yet, but I NEED HELP! I cannot believe these kind of business can get a way with that. We are in America.. not in some wild country where people steal and it stays like that.
Hector
Stockton, California
U.S.A.
3 Updates & Rebuttals
Gloria
Redding,California,
U.S.A.
MSI Cit, OH, I WON'T DO THAT! , I'm a honest Rep!
#2Consumer Comment
Fri, May 21, 2004
A rep for MSI enter my store, (no solicitors sign up) asking me if I had a charge machine. My first response was no and I don't want one as I had already had a bad experience. He smiled and said oh really, well I assure you that I would never do anything you would be unhappy about and my program is a month to month rental that you can cancel at any time you do not like it or find no need for it. Unfortunately being the kind hearted one I am, knowing everyone likes a sale, I thought I would listen. He made everything sound so great and simple. My point to you is that a person in these fraudulent type sales will say ANYTHING to make a sale. In fact, you so call honest ones are even using us down in our judgment folks now, by just your last line CALL ME! Get a real honest job man! I'll finish my story on the rip off report.
Jeremiah
Pittsburgh,Pennsylvania,
U.S.A.
We ISO's aren't ripping you off. There are dishonest reps out there, but I'm not one of them.
#3UPDATE Employee
Tue, February 10, 2004
I am NOT an MSI employee, but I am in the industry. There is a reason why the equipment is marked up and/or leased out. It's called PROFIT. The leases are dually beneficial. We sales offices receive more money from a lease, yes, BUT YOU AS MERCHANTS don't have to part with $500.00 plus out of working capital to buy the terminal! PLUS you get a bigger tax write-off on a lease! If you buy you only can depreciate the terminal's cost as a CAPITAL EQUIPMENT PURCHASE. We ISO's aren't ripping you off. There are dishonest reps out there, but I'm not one of them. I resent the bad name that this site is giving to good people in an industry dominated by thieves and liars. If you want an honest rep... CALL ME!!!!
Jeremiah
Pittsburgh,Pennsylvania,
U.S.A.
We ISO's aren't ripping you off. There are dishonest reps out there, but I'm not one of them.
#4UPDATE Employee
Tue, February 10, 2004
I am NOT an MSI employee, but I am in the industry. There is a reason why the equipment is marked up and/or leased out. It's called PROFIT. The leases are dually beneficial. We sales offices receive more money from a lease, yes, BUT YOU AS MERCHANTS don't have to part with $500.00 plus out of working capital to buy the terminal! PLUS you get a bigger tax write-off on a lease! If you buy you only can depreciate the terminal's cost as a CAPITAL EQUIPMENT PURCHASE. We ISO's aren't ripping you off. There are dishonest reps out there, but I'm not one of them. I resent the bad name that this site is giving to good people in an industry dominated by thieves and liars. If you want an honest rep... CALL ME!!!!
