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| [[Category:Reviews]]
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| [http://leasecomm.com/ LeaseComm Corporation] is a company which lends money for purchases of relatively low-cost ("small ticket") business equipment. They are headquartered in Woburn, MA.
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| =Opinions=
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| ==[[User:Woozle|Woozle]] 11:28, 29 Apr 2005 (CST)==
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| These people have a special place on my hate-list. Admittedly, the fault may lie as much with [[Cardservice International]] as with LeaseComm, but all of my contact with LeaseComm over the incident had a very strong flavor of sleaze.
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| In 1995 or 1996, I signed on with CardService International to receive credit-card processing services. As part of that, it was necessary to have software, and since we already had computers they recommended the [[PTC]] software rather than purchasing a separate "terminal" as was more common at that time. When I was signing the contract, I noted that the language of the fine-print seemed to be presenting the transaction as a ''lease'' of the software rather than a purchase. I pointed this out, but the salesman insisted that it was in fact a purchase. I also opted for the shorter purchase period, which was something like $60/month for 2 years instead of $30/month for 5 years -- and again, these numbers wouldn't make sense for anything but a purchase. Being somewhat naive at that time, I signed.
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| Long story short, two years later the $60 automatic deductions from my account did not stop. The agreement apparently really was a lease. The branch of Cardservice which had provided the salesman in question was nowhere to be found (email bounced, letters returned). After a lot of arguing with LeaseComm I was able to get out of the agreement (this is less pleasant than it sounds), but only after paying an extra $400 or so.
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| (Article to be expanded with additional details and documentation at a later date.)
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This page has been moved to HTYP, the HyperTwin Yellow Pages.