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MBF Leasing

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19 complaints

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MBF Leasing, Northern Leasing, Universal Merchant Services, Fith Third Bank and Matt Nathan are partners, affiliates and aliases. These companies are said to be found at the following address:

P.O. Box 2070, 16W281 West 83rd Street,, 245-A2 Fischer Ave.

Milwaukee, Burr Ridge, Costa Mesa, Illinois 60527

U.S.A.

Representatives of the companies are reached at 888-275 3251. MBF Leasing allegedly tricks merchants into signing a lease that is virtually indefinite and hide full contract. Thus, they charge merchants’ bank accounts illegally. One more thing, the contract says “the lease of the machine from MBF Leasing cannot be canceled for any reason” despite what the company’s reps say. The only way to stop that is to close your account, what may result in small court claims on behalf of MBF Leasing. Please try to contact MBF Leasing Customer Service directly prior to posting any complaints on this site.

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MBF Leasing Complaints & Reviews

MBF Leasing Reviews

Jksd
MBF Leasing - rip off artists

I was lied to on many fronts regarding my new merchant services account. These people are only partially responsible, but I am certain they have a well-organized racket going. Pa...

#277837
Nov 28, 2011
112

Autodsf
MBF Leasing will cheat you out of every penny you have! Beware!

First of all, MBF Leasing is a huge rip off! They leased equipment to us valued at $800 (tops--if we had bought it from an expensive retail store) for $250 per months for 48 months...

#235588
May 03, 2011
283

Anonymous
MBF Leasing - Misrepresented the lease fee.

Ben New of Merchant Services aka MBF Leasing,LLC kept evading my question of "how much is the lease fee for the machine?" with "it's included in the service fee". He never stated ...

#224678
Mar 02, 2011
293

Anonymous
MBF Leasing

This company MBF is very fraudulent, dishonest company. It will sue you in the civil court of New York, because it knew that that it hard for you to defense yourself,you had to lea...

#205124
Oct 31, 2010
384

Anonymous
MBF Leasing, Merchant services, LFG lease finance group

This company debited my business account without my authorization and I have spent 2 months spending HOURS on hold trying to get in contact with a supervisor or any associate to he...

#187154
Jun 24, 2010
2160

Ushalaby
MBF Leasing is a rubbery

They tricked me with a contract for checkservice and then i found out they charging me for leasing the machine i told them i dont need it because i have one they keep pulling money...

#182725
May 19, 2010
356

Anonymous
Beware of MBF Leasing : Scam and Fraud

If you are living in Texas and mistakenly doing business with this company You should know that:Sooner or later you will know that you are scammed, then you are sued,Yo...

#163126
Nov 30, 2009
1180

Mvs29715
MBF Leasing - Unable to contact salesman after contract signed

I was told that before I signed contract that if my company folded the sales personnel would help find a new company to take over my lease. When I closed the business I notified th...

#160840
Nov 02, 2009
390

Diamondb...
MBF Leasing A RIPOFF

Credit card processing company salesman came in 2 years ago promising lower rates. after completing a worksheet showing how i would save hundreds of dollars a month. i agreed as lo...

#157273
Sep 16, 2009
573

Anonymous
MBF Leasing - Fraud, deceptive and Forgery

I have the same problem with this company.If anyone want a class action against this company please show me how to file the class acton against this company.

#155517
Aug 20, 2009
1184

Anonymous
MBF Leasing - My credit report shows they have sued me!

I recently pulled a copy of my credit report and found thay mbf has listed they have sued and been given a judgement against me, yet I have never received any paperwork to show up ...

#141899
Nov 19, 2008
781

Volker54
MBF Leasing - They want $5000 for a credit card machine!

They approached my on the premise that they could lower my credit card transaction fees. I gave them copies of my previous statements and a week later offered a slightly lower rate...

#138303
Oct 06, 2008
811

Beautyth...
MBF Leasing - WHAT CAN WE DO!!!!

Write your Review »I signed a bunch of papers, many were blank, I ended up leasing a check reader at $49.99 + 59.99 LEASING leasing what ???? they never toldme i was go...

#137673
Oct 01, 2008
955

Chalgren
MBF Leasing is a rip-off!

We signed a bunch of papers, many were blank, not yet filled out. We ended up leasing a card processing machine and check reader at $170 per month for 48 months. We could have boug...

#136606
Sep 23, 2008
1361

Catmomusa
MBF Leasing, Merchant Services Complaint

I truly wish I had the forethought to look this company up before I signed a contract. I too signed with MBF leasing, an additional paper that was included with my contract for Mer...

#128323
Jul 21, 2008
683

Anonymous
MBF Leasing - Fraudulent Harrassing Company

MBF Leasing is a crooked fraudulent company that has harrassed my business by calling up to 30 times a day 5 or 6 days a week since September of '07. They claim I signed a leas...

#120964
May 14, 2008
635

NAPICHLOE
MBF Leasing - Carla Bookkeeper

They Suck!!! All lies, lies, lies! We were told thing that just were not true! They are still taking our money and we have sent the machine back, but they keep saying ...

#117220
Apr 04, 2008
525

Thecorne...
MBF Leasing Customer Service

I have tried to contact MBF Leasing Co. so that i could update the information about my company. i have not been able to do so. on top of all the other problems that i have had wit...

#114449
Mar 03, 2008
5060

Magsster
MBF Leasing LLC

I am upset because I feel as if I am being over charged for the credit card processing equipment. They claim they are the best but that is untrue. Their customer service reps are v...

#110997
Jan 16, 2008
1056
Reviews 1-19 of 19

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Finance, financial institutions and services play a big and important role in our lives. They are vital to government, businesses and retail consumers. It's very important to have a stable financial system for government of every country. An economy's financial system exists to organize the settlement of payments, to raise and allocate financial resources, and to manage the risks associated with financing and hedging of business transactions. Businesses use financial system and services provided by banks and other financial institutions in order to operate efficiently. Efficient financial markets enable businesses to collect financial resources via debt or equity offering to invest in projects that would continue expansion of the business. Investors enhance their wealth and economic well-being while enhancing productivity and consumer basket quality for the people employed by the business. What pays under capitalism is satisfying the common man, the customer. The more people you satisfy, the better for you. - Ludwig Von Mises

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