Consumer reviews and reports on scam companies, bad products and services
8th of Dec, 2011 by User881551
All we can say is that LENDERS MERCHANT SERVICES ARE A BUNCH OF THIEVES! They will instantly approve you for the sole reason of stealing customers money. We signed up with Lenders and in less than 1 day they purposely held funds. We were setup for $100 per ticket transaction and $10k worth of monthly volume. They called us up and approved us rightaway. So we setup the gateway and did 2 transactions for $50 each, which was well within our projected sales amounts. We got extremely suspecious of this company yesterday, so we removed them from our online store and went back to our other processor. We had a feeling that theives would do something like this and they did. We called them 7 am in the morning to make sure we were going to get paid today and they said everything was ok. Then their assxxxhole risk management department called us and stated they are holding the funds and want us to ship the products out prior to being paid for the item. We told them that we were under no legal obligation to ship anything out because we did not get paid which was the truth. They were contracted to process the money from the customer and place it into our accounts for a fee. They didnt do it breach of contract. Then we got transfered to merchant services of lenders and they even said there was absoltely no reason for the risk management department to hold the funds. We knew this a-holes would do something like this and thats what they did. So that morning the second we saw no funds being deposited and our bank account being authorized (they did this so they can start debiting it purposely with bs fees) we switched our login ID's from our online store to our old processor that we still have. In all honesty, DO NOT USE LENDERS MERCHANT SERVICES, they are nothing but a bunch of scam artists. I think anything in the LA area that processes cards are scammers!

Post your Comment

Complaint Details

Get new code


Recently Updated Reports

369 days ago by thestoryofdianegerrish
goldendoodle world - goldendoodle world lake ridge kennels Vulgar,...
I just came across this page a few minutes ago. I am Sandra Johnson and although this page was...
594 days ago by freeinfofraud - Unable to withdraw funds
Bitky be Aware! Unable to withdraw money! Bitky idoes not allow you to withdraw your funds, do...
598 days ago by ned l.
Bi Polar Bullies - Bi Polar Bullies Kennel Karen Wolfe BUYERS BEWERE OF THIS...
thank you for bringing this to my name is Karen Wolfe, i'm the owner of...
599 days ago by ned l.
ServiceMagic ServiceMagic scams and cheats contractors...
Jason - I'm sorry to hear about your experiences with your leads recently. The leads that...

User Registration

Already a member? Log in now.
E-mail address
Get new code

User Registration

A confirmation email was sent to "".
To confirm your account, please click the link in the message.

If you don't see the email in your Inbox, please check your Spam box.

User Login

Not a member of Register now.
E-mail address
Forgot your password?
E-mail address
Loading, please wait...
Your password has been sent to the specified email address. Log in