Northern Leasing Systems Do not do business with this company
ByIn 2001 I leased a credit card terminal from Northern Leasing Systems. They never sent anyone out to program it even after I contacted them. Frustrated with waiting, I just gave up and told them I wanted to cancel the contract and give back the equipment. I was told I couldn’t – I was obligated to a four-year contract. They continued billing me every month (even though I was not using their services). After they threatened to sue me, I ended up paying a total of $1,200 for a credit card terminal that never got taken out of the box.! To add insult to injury, I recently discovered they put a blemish on my credit report claiming I still owe them over $200.
I recently started another business and decided to use my terminal (with another credit card processing company) and was told by this other company that I couldn’t use the terminal because it was still under lease with Northern Leasing Systems.
It’s been almost SEVEN years since I signed that contract and this company still continues to give me grief. They are even holding my terminal hostage so I can’t use it anywhere else. I don’t understand why they are still in business? They should be shut down and prosecuted for fraud. I am urging other consumers – DON’T DO BUSINESS WITH THIS COMPANY!!!
2 Comments
January 28th, 2010 at 1:28 pm
A decision here in New York could affect hundreds of thousands of small business owners all over the country. They are people who signed up for credit card processing machines through a Manhattan corporation. Now a judge has authorized a class action lawsuit over alleged overcharging.
Ever since we first reported on complaints against Northern Leasing Systems, also known as MBF leasing, we’ve received constant phone calls and emails from other small business owners from all around the country, asking why is nothing being done to stop these people?
Now the legal tables are turned. A New York State Supreme Court judge has ruled a lawsuit can go forward as a breach of contract class action against Northern Leasing, headquartered in Midtown. The judge said Northern Leasing must notify everyone who has signed a lease since 1999 that they may have been overcharged. We’re talking at least 300,000 people.
Class Action lawyer Krishnan Chittur says there could be a lot of money at stake for alleged victims.
February 10th, 2010 at 8:58 am
Great job.
Thanks for sharing bro.
Inspire me so much