I am very disillusioned with Ladco Leasing and Elavon processing. I closed my business several months ago, I called both Ladco and Elavon to close the accounts and return the terminal. I signed a years lease which ended in March of 2011. I was informed by Ladco that I still had 36 months remaining on the lease which is impossible first off, then they proceeded to advise me that I could purchase the terminal for the amount of $1, 710.00 this is their fee of $47.50 per month for 36 months, I was shocked considering you can buy a new terminal ( same as I have ) for around $200.00. Either way I am paying the same amount. I was told that they could try and sub lease the terminal but there is $100.00 charge for this and no guarantee they will locate another company to take over their terminal. This is crazy. I also would like to locate anyone who has started a class action suite against LADCO, I would like to join the suite. Elavon also wants to charge me $190.00 to close my account with them. I am looking for advice from anyone who has dealt with these crooked companies.