You’re entirely correct about the business model of ABC Financial. However, this is the norm rather than the exception with chain or franchised gym memberships, regardless of the billing contractor. You are also right in placing the pressure on the gym management. But it is not ABC specifically but rather out of state, hard to contact financial services companies that are the problem.
I support a campaign to end this practice. However, I still need exercise now. What I did when I joined Gold’s in Seattle was to give my Visa debit card number instead of a check. I NEVER allow EFT on my checking account. Then, after the first month, I changed my card (my bank doesn’t charge to reissue a debit card with a new number). I also set up recurring online bill paying about a week before the auto-draught would normally come through. It has worked like a charm for over two years. All of those extra fees have been waived when I called ABC and demanded they produce a copy of a contract I signed authorizing such fees. They rely on taking the money first and then asking you to prove you didn’t sign such a contract. They are not set up to prove an affirmative claim that you did. Most people give up on that $25 because it isn’t worth the trouble. Well, when the ball is in their court, it isn’t worth their trouble either.
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ABC Financial continues to auto-charge gym-goers after their membership or contract is up at their gym unless they make a request to end the membership via certified mail and pay several additional monthly fees which ABC Financial auto-charges in the meantime.
Right, this must be in the contract in 8-point font. Ending a relationship with my local gym should not be this exasperating. But it is. Apparently, unless you pay the fees they have charged you after your one or two year contract is up, they will continue to charge you on a monthly basis.
The gyms are their primary customer, but aren’t you, the gym-goer, a secondary customer? Yet, they don’t care about you.
http://www.abcfinancial.com/home/abc_hmf.asp
Their mission is “to collect the most money from the most members, every day.”They’ll keep doing this unless you stop joining gyms that use ABC Financial services for bi Read More
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ABC Financial continues to auto-charge gym-goers after their membership or contract is up at their gym unless they make a request to end the membership via certified mail and pay several additional monthly fees which ABC Financial auto-charges in the meantime.
Right, this must be in the contract in 8-point font. Ending a relationship with my local gym should not be this exasperating. But it is. Apparently, unless you pay the fees they have charged you after your one or two year contract is up, they will continue to charge you on a monthly basis.
The gyms are their primary customer, but aren’t you, the gym-goer, a secondary customer? Yet, they don’t care about you.
http://www.abcfinancial.com/home/abc_hmf.asp
Their mission is “to collect the most money from the most members, every day.”
They’ll keep doing this unless you stop joining gyms that use ABC Financial services for billing. ABC Financial will not achieve their mission if you refuse to feed them your money. Only you, the consumer, can be the roadblock here. End your membership now if your gym uses ABC Financial for billing services.
A quick Google search will turn up plentiful results about how ABC Financial is scamming people, see
http://www.ripoffreport.com/reports/0/310/RipOff0310208.htm
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Eric Pierce replied on Nov 20, 2008
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J.Kris Helf replied on Dec 12, 2008Golds Gym and ABC Financial how do they sleep at night? I know they have no problem eating well with all the money they steal from their unsuspecting customers. I hope these snakes and their business model go down in flames. Boycott hell yes! I cant begin to express the level of anger I have towards them. Whatever happened to treating a customer with some simple common respect and dignity. Not just some ‘dupe’ who can be had for all he’s worth, or at least what the ‘contract’ allows to be extracted. Shame on you Golds and ABC Financial.
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A more complete list of the Ripoff Report complaints against ABC Financial can be found here: http://www.ripoffreport.com/searchresults.asp?q5=ABC%20Financial&q1=ALL&q4=&q6=&q3=&q2=&q7=&searchtype=0&submit2=Search!&Search=Search






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