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  • Report:  #1156697

Complaint Review: Monex - Nationwide

Reported By:
idohavalife - Ontario,
Submitted:
Updated:

Monex
Nationwide, USA
Phone:
1(866)-286-7787
Web:
www.monex.com
Tell us has your experience with this business or person been good? What's this?

Monex contract (in such small print it can not easily be read) initially says 90 months. The salesman advised this was not good and shortened it to 48 months.  He advised me that in 48 months the terminal would be out of date and so would any other arrangements and Monex would be in touch before the end of the term to make arrangements to update with new equipment and anything else that would need to be addressed.

One paper attached advised to call to return the terminal at the end of the contract period of 48 months.   When this was attempted, the Monex rep sent an email stating the contract was for 90 months.  When they were advised the contract had been signed for 48 months,  they then changed their story to state the contract states the non-renwal has to be sent in 120 days before end of contract or it automatically renews for another 90 months. With this came a demand for $5000.

Previously my wife sold her business and the same person at Monex lied to her and when she asked to speak to his manager he responded with "Who do you think you are?"       And multiple times he told her   'We'll see you in court."  

 

  



4 Updates & Rebuttals

DyingOfBoredom

Etobicoke,
Ontario,
Ripped off

#2Consumer Comment

Thu, October 16, 2014

I am in same situation as you people. What's the update? BBB and redflagdeals is also full of complaints about this company. Any input from anybody is highly appreciated.


idohavalife

Stayner,
I am in Ontario

#3Author of original report

Wed, October 01, 2014

Look for a home Inspector  Paragon Inspections.   I sent them a letter and email to explain how they have not kept up their end of the bargain.    I expect their demand letter any day now.

  Someone contacted me previously about a class action suit.    This may be what gets their attention.


idohavalife

Stayner,
Alabama,
That may be where it is going

#4Author of original report

Wed, October 01, 2014

I have just recieved a demand letter from a Kamran Baradagohari.

   He is demanding $6327.00.    I am in Ontario.   Where are you,   we need several more to join.


yuamani

scarborough,
Ontario,
ripped off

#5Consumer Comment

Wed, October 01, 2014

Hello

I was just ripped off as well. Spoke to Chris who I have never spoken to before. Very threatening and menacing. He basically said the same thing to me. Would you be interested in a class action against their unethical practices.

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