Why Are there so many Appstar Financial Complaints?
When I first heard about Appstar financial it was from a business associate of mine and I was pretty impressed by what she had to say but I am always cautious so I went online to check it out for myself and after doing a Google search I found there were a lot of Appstar financial complaints. I was pretty surprised to see these claims online regarding Appstar financial being considered a job scam and a rip off company because my business associate had such a positive experience with them.
I needed to know is Appstar a scam?
What Appstar Financial is
Appstar financial is a credit card processing firm. What that means is that the job of this company is to reach out to business owners and help them to make the switch to a lower cost provider for their credit card processor needs.
What this company does
The company, and again this is based on the experience that my business associate had coupled with my own research into the company visits business owners to help them to determine whether or not they have the best possible plan for their credit card processing needs. The representative from the company would schedule a meeting and once there they would review the benefits packages and incentives available for the business owner when they make the switch to the alternative and often times more affordable credit card processing company.
The Potential problems with this method
There are potential problems with this method that I was able to see based on some of the negative feedback that I had seen from the reviews online regarding the company. One of the main concerns was the claim that the person entering into contract was not aware of what they were agreeing to. They claim they were verbally offered things that were not clearly listed on the contract. I was curious about these claims so I asked my business associate if she had experienced any false advertising or representatives making wild claims or stating things that were not clearly listed on the agreement that she signed when she made the switch. I was advised that this had not been her personal experience. While this did not discredit the claims it also did not valid the claims either.
I needed to understand why there were so many complaints regarding the practices so I looked into further and what I learned is that when a business owner has a meeting with one of the representatives the representative does not take into account whether or not the business owner they are speaking with is under contract before attempting to make the switch. The assumption being that if the business owner has accepted the meeting they are already prepared to make the switch and have already contacted their current providers to ensure that they are no longer under contract. To me this sounds more like a misunderstanding rather than blatant abuse or neglect on the company’s part.
This practice is common and takes place in various industries including cell phone industries, with the assumption being that if you walked into the store or you stopped by the kiosk that you were interested in purchasing a cell phone. Can this get tricky when you are dealing with contracts? Absolutely, which is one of the main reasons why it is always strongly recommended that before entering into any agreement or contract you have taken the time to review the terms of the agreement. You don’t have to fine tooth comb it but you should take some time to review every item so you understand what to expect.
As far as the claims that Appstar financial is a rip off, I have not found anything solid to valid those claims, nor have I found anything solid to discrete them. What I can say though is that from the experience that my business associate experienced, once she reviewed the contract she felt satisfied that she knew exactly what she was getting herself into.
I was unclear as to why Appstar financial was being called a job scam online since I had seen no indicators to suggest that there was any merit to those claims, however, that is something that I may decide to review in greater detail at a later time. For now though I felt content with the information that has been provided to me and that I was able to ascertain during my review of this company. While I am currently under contract with my current credit card processing company I did like the plan that my business associate had chosen and may consider making the switch myself once I am able to do so without any additional financial or legal obligations to my current credit card processing company. Are the Appstar financial complaints valid? I believe it may boil down to a misunderstanding but of course that is just my own opinion.
Appstar Financial Complaints 