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The Worst Credit Card Terminal Leasing Companies

    Frank Kehl
  • 11 comments
  • Updated on:
Advertiser Disclosure: Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guidelines to preserve editorial integrity.
Frank Kehl

Frank Kehl

Expert Analyst & Reviewer at Merchant Maverick
Frank Kehl has been researching and analyzing merchant services, payment gateways, and international money transfer services since 2015. He has a Bachelor of Science degree from Penn State and a Juris Doctorate from the Ventura College of Law.
Frank Kehl
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11 Comments

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    ra

    can Ladco sue or send you to collections if you stop paying them?

      This comment refers to an earlier version of this post and may be outdated.

      Jessica Dinsmore

      Hi ra,

      Yes, they likely would. It’s best to pay the bill if you are able.

        S Normand

        Any clue how to contact Capital A leasing?

          This comment refers to an earlier version of this post and may be outdated.

          Jessica Dinsmore

          I’m not familiar with this company, but after a quick google search, I found this contact info:

          Capital A Leasing
          One Penn Plaza 6323
          New York, NY 10119
          Phone: (866) 311-8793

          I hope that helps!

            This comment refers to an earlier version of this post and may be outdated.

            roknalalwan

            hello i need pos in dubai can sand me all details thanks regards

              This comment refers to an earlier version of this post and may be outdated.

              Jessica Dinsmore

              Hello Roknalalwan,

              Check out Epos Now. They are a global POS company and they have confirmed that they do serve businesses based out of Dubai! Another option might be Cegid. They do a lot of international work, and may be able to serve your business in Dubai. Good luck to you!

                This comment refers to an earlier version of this post and may be outdated.

                David

                No mention of Golden Eagle Leasing … They are taking $42.something from my bank account every month for at least 9 years. I have discontinued accepting credit cards and I can’t find any information about Golden Eagle Leasing so I can arrange to send back equipment. I was never notified about anything regarding the end of lease period, or even notice about class action suit ( I see several online ) I have put a stop payment order with my bank account and will try to contact them about returning equipment (shoe sized swipe-card reader). But Golden Eagle Leasing although that is the name of the group listed on my bank statement as to who is debiting the money from my account I cannot find an address or website hosted by them. Any information you may have about this group would be helpful

                I thank you in advance for any information or help you can provide

                  This comment refers to an earlier version of this post and may be outdated.

                  Jessica Dinsmore

                  Hi David,

                  So sorry for your situation! The article you are commenting on mentions that Golden Eagle is a subsidiary of Northern Leasing. You may want to take another look through the article for more specifics on Northern Leasing and forums for filing complaints. I did find their contact info as well. I hope that helps. Best of luck to you!

                    This comment refers to an earlier version of this post and may be outdated.

                    Darsi L Simond

                    Wow, now I’m scared. My bank recommended Ladco/Elavon and signed me up without printing any documents.

                      This comment refers to an earlier version of this post and may be outdated.

                      Youngseon Ikeda

                      Yup This is really serious problems!!!
                      I don’t know where to crying out this ripoff,illegal action to business owner like myself….!!!
                      Ladco/Eleven this company please beware, read contract carefully…go with any credit cards company please don’t believe what they said or there agents said,do not believe…all about there gain money..if not they treated you like criminal, so rude by verbal communication after the can not keeping the years of lease, they even telling me to pay by phone…I said can I send the check? because I want to have evidence or statements to provide paid off the fullest least from my pocket and They said NO
                      GIVE YOU ONE WEEK! PAID THROUGH PHONE WITH YOUR CREDIT CARD OR DEBIT CARD! I THINK this is illegal activity, very rude!!! l tell them I willing to pay if current owner of business refused to pay, they hired other companie,because they don’t like Ladco’s services! It’s mistake to transfer to other people…I didn’t know back then, after transfer it still my responsibility to full lease.
                      PLEASE NEW or CURRENT BUSINESS OWNERS TRYING TO GET LEASE THE CREDIT CARD MACHINE PLEASE DON’T HESITATE READ REVIEWS OF COMPANIES AND READ REALLY CAFULLY THE FULL CONTRACT AHEAD BEFORE SIGUNITURE.
                      EVERYTHING IS RIPOFF, VERY UPSET, VERY FRUSTRATED BUT I DON’T KNOW HOW/WHERE TO FIGHT OR COMPLAINTS ABOUT THIS ABUSIVE CREDIT CARD MACHINE COMPANYS.
                      WE NEED SOLUTION, WE NEED TO MAKE BETTER, WE NEED SUPPORT SYSTEM !
                      SORRY FOR broken English writting!
                      Thank you for read and understand!

                        This comment refers to an earlier version of this post and may be outdated.

                        yup it's a big problem

                        Riverside Payments of Portland and Vancouver which may be connected with Expect Direct Payments of Portland and Vancouver. Please put these two on your watch list. Riverside promises low rates but then hit’s you with one of those first Data irrevocable contracts. They are very tricky. They talk a big sales saving picture and then you find out you’ve leased cheap equipment for thousands of times the price of the equipment. The rep told me I had to be in compliance and therefor had to have this equipment. This company is only 2 years old but I am sure you’ll be seeing more complaints unless they change their modus operandi. They are threatening to sue me also because I am warning people not to fall into their lease trap. I am looking for a class action lawyer and in talks with our District Attorney. It would be helpful if everyone got together and insisted on some national legislation so these types can’t run from state to state and county to county leaving wrecked small businesses in their path. You cut off the hydra’s head and two more grow back.

                          This comment refers to an earlier version of this post and may be outdated.

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