I made a very bad investment! What do I do? I signed up with a company who charged $1400 for a web site and merchant account. They give you the swiper machine to take credit cards over the phone and online if you set it up. Basically the charge is only for the equiment. It was a good little scam. I bought the hipe! Now I've had the "equiment" for about six months and have not used it yet. I asked the company if I turn it back in what would happen. They told me I would have to pay $4500 in stead of the $105 each month for 48 months. Â Some companies pay you $500 to take the swiper. My credit was good at first. What can I do, I had to stop paying them. I couldn't afford to keep paying them, can you help me? I have a thirty day late, then I will have a sixty. Is there any way I can stop these from staying on. What should I do?