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Ascentium Capital - Bait and Switch

Ascentium Capital - Bait and Switch
I wanted and applied for a business loan and they switched it to an inflated leasing payoff agreement that charges exponentially more to pay off. After confronting the rep he shut me off saying I was disparaging his company. The fact remains that what was discussed and what was expected were not what was transpired. This was clearly intended by the person or company handling the account. No regret on the product at all, just the finance company and its practices. He also told me they dont offer the prioduct that is clearly indicated in the photo. No one pays more on a loan for the amount purchased unless they pay all the monthly payments. Ridiculous company practice. Can I sue??
1.0
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Advertised vs Delivered
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Discounts and Special Offers
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Price Affordability
Product or Service Quality
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Value for money
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I didn't like
  • Loan vs lease agreement switch
#1449887
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I Opened a month to month merchant account with Trans Via well my machine broke so Rep said you can lease one and pay a monthly fee when & If you leave us you can just send the machine back and because it's a write-off I Agreed,6 months later I have left my merchant...
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1.0
#1408274
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Ascentium Capital - Scammed

I leased a credit card processing machine from them on 7/24/18, through another company. When I received my first bill it was for much more than we agreed upon. I called them immediately, they told me there was no way to get out of the lease unless I paid them $6,585.19 for a $600 machine. I contacted them on 8/15/18, less than 30 days later.
1.0
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Advertised vs Delivered
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#1331490
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Ascentium Capital - Disgusting!!!!!

So speaking with Nancy Gregory Jones my conversation with these people were horrible and let me tell you they don’t know how to talk to people at all!! They think they can just yell at you and tell you off!!! I will never do business with this company again!!! It’s far from over if they think there gonna get away with this behavior!!!!
1.0
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Advertised vs Delivered
Billing Practices
Customer service
Discounts and Special Offers
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Interest Rate
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Privacy and Data Security
Product or Service Quality
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Value for money
Website
#1311033
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Same as several below. A local card service company Expect got me to sign up for the credit card company services promising great rates. When signing papers, at the end was the papers to lease this card swiper that I did not need at $65 per month. In the end there was...
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RemarkableLeopardCat316
RemarkableLeopardCat316

I just experienced a bait and switch contract issue after calling for a payoff on what I thought was a loan. They want to charge me $8500 for a $6700 loan with no prepayment p...

1.0
I didn't like
  • Front page was altered after i signed
#1187027
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We had a loan with Mt. Pleasant (now Ascentium Capital out of Texas) that was paid in full two years ago. Mt. Pleasant held several of our properties as collateral. They released all but two liens over two years ago. We are now closing on another loan and have made a...
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1.0
#1183161
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was lied to by salesperson from tribecca merchants who locked my in a 4 year lease. ascentium refused to help with my problem.. i have a cancellation letter from tribecca Mercharts with states i can cancel at anytime without fees... Ascentium will not cancel at all.....
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Anonymous
Anonymous

Same thing happened to me. Total bull. Anyone have any luck getting results?

Anonymous
Anonymous

I got scammed the very same way. There need to be something done. Ugly people and threatening phone calls by third party. Monetary loss also.

1.0
#1180723
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Ascentium Capital is involved with a Ponzi Scheme with Billy Goat LLC and Capital 55 Partners LLC based in Dallas Texas. Billy Goat LLC and Capital 55 Partners LLC are Licensed ISO that sells Credit Card Processing and SCAMS customers into 1% "Wholesale Rates" for...
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Anonymous
Ty

Omg...me too!!!! We are talking Credit Card processing correct?! Stefan was nice...met in person, explained everything. I was perfectly happy with Square...but liked the equip...

Anonymous
Bud Patel

Ascentium Leasing along with Regions Solar devastated my financial positions for past two years. Now I'm obligated to pay since I signed personal guarantee for our current LLC...

1.0
I didn't like
  • I signed my the contract but it was forged
#1165862
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A lady from Ascentium Capital called and spoke with my husband, giving him a line of crap about how she could save him money with their credit card machine and we would get a refund of $1,000, as we were being overcharged. She said she would fax the paperwork right...
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NinaRose
NinaRose

I wonder if everyones first page is like mine. That is where they listed the length of the agreement, and there is no initials or signatures on that page.

Anonymous
Mark M

These guys steal money. I am still having money drawn from my account and it hasn't been fixed yet. I had a credit card processing company that uses them called go chyp. They ...

#1139165
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Contact Ascentium Capital

Mailing Address:
23970 Highway 59 North
Kingwood, Texas 77339
United States
Phone:
(866) 722-8500
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Ascentium Capital Products and Services

I signed a contract with Rate Lock who is owned by Jason Franks. Within the contract is a contract with Ascentium. Ascentium is leasing me equipment for $107.79 per month for four years when the equipment is only worth $150 total!! This should be illegal! I called to...
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Anonymous
Anonymous

has anyone found a way to deal with this or are we all screwed?

1.0
#1048527
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