Legal Question in Consumer Law in California

Merchant account

I want to cancel my credit card priocessing account due to the fact that they are absolutely TERRIBLE! I have had such bad luck with them, you can never get through without massive holds, they dont do anything by email, as others do, every little thing is a hassle with them. And they changed my fees from $10.00 to $25.00/month, even though I had a contract. The problem is that the salesperson snuck into my agreement that its a 3-year contract. So they are allowed to raise my fees any time they want even under contract, but I cannot make a change to the contract? Seems highly unfair. Now they are trying to charge me $600 to cancel the account. How can I fight this?


Asked on 2/20/09, 5:11 pm

2 Answers from Attorneys
Michael Stone Law Offices of Michael B. Stone Toll Free 1-855-USE-MIKE

Re: Merchant account

The sales person snuck something into your contract? In other words, you signed the contract without reading it.

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Answered on 2/20/09, 5:29 pm
Benjamin Berger Berger-Harrison, A Professional Corporation

Re: Merchant account

Let me guess, MBF Leasing or Northern Leasing? These companies are infamous for doing the things you wrote about and other deceptive/unfair things. There is a class action pending in NY and I think I know an attorney who is pursuing them for some folks here in CA. Contact me if you want me to put you in touch with them.

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Answered on 2/20/09, 5:47 pm


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