Elavon is up to their own tricks again--or still would be more correct here. They go ahead and pay whatever paltry settlement necessary to get rid of the biggest "troublemakers" and then carry on merrily with their old unethical business practices just because there are always new victims to be had who cave and pay whatever is necessary to get Elavon off their backs rather than fight the difficult and time-consuming fight necessary to beat these jerks. I'm beginning to notice a pattern, and that is that their unpleasant and unscrupulous collections and scare tactics seem to escalate toward the end of a calendar year. 'Tis the season....
There is ongoing discussion about Elavon's practices on various internet forums devoted to consumer complaints.
For those merchants who are looking to set up merchant services accounts, you can find honest, non-biased reviews of many merchant services providers at CardPaymentOptions.com. I stumbled across their site once upon a time during my relentless search for info about Elavon as well as other merchant services providers. Here is their current review for Elavon. Personally, I find their "C" rating to be rather generous.
Elavon review
UPDATE: https://www.cardpaymentoptions.com/credit-card-processing/worst-merchant-accounts/ and scroll down to Ladco Leasing.
The story of my effort to cancel an "irrevocable" contract with Ladco Leasing, whose parent company is Elavon, a merchant services provider. What began as my effort alone became an e-mail group of over 100 small businesses who were being taken advantage of by this company. We shared stories and information, as well as hope and encouragement to those who thought there was no way of getting out from under unfair contracts and the bullying at the hands of lawyers, collection agencies, etc.