NorthAmerican Bancard Complaint - Stay away, this company lies incessantly
TROY, MICHIGAN -- I have never written a negative review prior to this but I have been swindled by this company. I am currently being charged half of all the credit card transactions that I run. So I want to cancel since I'm being charged way too much.
I was told explicitly by my sales representative that there would be no fee for cancellation and that I could cancel at any time. My sales representative brought over about 3 pages for me to sign with my credit history and then I signed the last page. Nowhere in the paperwork that I signed did it mention an early cancellation fee. After contacting North American Bancard suddenly additional papers that I never saw or signed appear within what I had "signed". They are telling me that in order for me to cancel that I must pay $910. What?!!!
The moral of this story is that I am kicking myself for not doing my homework. Clearly this company is unethical and their reps will tell you anything in order for you to sign up and then unexpectedly add additional unknown pages to your contract. I will tell all of my small business owner friends, all people in my franchise to STAY AWAY!