Friday, March 9, 2012

A Cautionary Tale

OK, I screwed up.  I signed a lease for a couple of credit card machines a few years ago.  Business was booming and i wanted to make it easier for my customers to pay me.  Now I've got two credit card terminals gathering dust - they haven't been used in two years.

I called the leasing company (Northern Leasing Systems) today to find out my options.  After at least a half-dozen menus asking me to enter this or that information and several minutes on hold, I'm connected to a very surly woman who tells me I've got 1 months left on my contract.  I can transfer my contract to another schmuck and pay Northern Leasing Systems $130, or I can buy out my contract for $780.  Or simply suck it up until March of 2013, where I'd better remember to send a letter of cancellation.  Otherwise I'm automatically renewed!

Save yourself some trouble.  Talk to Stefanie or any of the folks at Platinum Merchant Processing and save yourself a few hundred dollars!

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