National Magazine Exchange
Consumers in Acadiana have been getting information from the company National Magazine Exchange. This company appears to have at least 13 other names it goes by, they are listed below. The calls are asking consumers to purchase magazines and give credit card/ bank account information.
After doing research the BBB discovered the business has a BBB Rating of F (see review-http://www.bbb.org/west-florida/business-reviews/magazine-sales-departments/national-magazine-exchange-in-largo-fl-10292 ) on a scale from A+ to F. Reasons for this F rating include:
The company also mails notices inviting people to call and enter the Million Dollar "Strike It Rich" Sweepstakes. There is no purchase necessary to enter the sweepstakes. The odds of winning are determined by the number of people who enter. The company estimates the odds at no more than 1 in 26 million. The sweepstakes promotion is used by the company to promote magazine subscriptions.
In order to expedite handling of any questions, or if you have a complaint, the company requests that you call their customer service department at (800) 235-3630 or email them at cs@nmemags.com.
This company offers magazine sales via phone and a telemarketing call center for
various companies and products
Reasons for this rating include:
- 436 complaints filed against business
- Failure to respond to one complaint filed against business.
- One complaint filed against business that was not resolved
- One serious complaint filed against business
The business also uses several other names:
Agora Marketing Solutions, Inc.
NME
National Publishers Exchange
National List Exchange
Clearinghouse Magazine
National Clearing Exchange
Million Dollar Sweepstakes
Strike It Rich 2 Sweepstakes
One Switch
N.M.E Magazine Services
NME Prize Disbursement
Fantasy Riches Sweepstakes
Agora Marketing Solutions
The BBB offers the following tips on these types of companies;
· Ask for the total yearly cost of each magazine and for the whole package. Before you agree to buy anything, ask to receive a written copy of the sales terms offered over the telephone and put that copy in a safe place.
· If you're contacted by a magazine telemarketer, listen carefully to the initial sales presentation. Don't be afraid to interrupt and ask questions.
· If it sounds like a good deal and you're interested in buying, ask the caller for his name, and the name, address and phone number of the company.
· Do not give out your credit card number before verifying whom it is you are talking to and checking out the company.