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          NewLane Finance Company has 1 locations, listed below.

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            Business ProfileNewLane Finance Company

            Financial Services

            Contact Information

            123 S Broad St Fl 17

            Philadelphia, PA 19109-1032

            Visit Website
            (267) 768-3196

            Customer Reviews

            1/5

            Average of 1 Customer Reviews

            Read ReviewsStart a Review

            Customer Complaints

            13 complaints closed in last 3 years

            12 complaints closed in last 12 months

            Read ComplaintsFile a Complaint

            BBB Rating & Accreditation

            C+

            This business is not BBB Accredited

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            Business Details

            Location of This Business
            123 S Broad St Fl 17, Philadelphia, PA 19109-1032
            BBB File Opened:
            3/9/2023
            Read More Business Details and See Alerts

            Industry Tip

            BBB Tip: How to shop for financial services

            Customer Complaints

            13 Customer Complaints

            Need to file a complaint? BBB is here to help. We'll guide you through the process. How BBB Processes Complaints and Reviews

            File a Complaint

            Most Recent Customer Complaint

            03/09/2023

            Complaint Type:
            Billing Issues
            Status:
            Answered
            this unit has not been installed onto my truck I was approved in the month of September for the unit and 120-day deferred payment, and they set the installment date for the month of December, Due to some financial hardship and truck repairs and other financial issues I could no longer afford to have this unit installed. I have tried to talk to ******** at new lane finance, and also *********************** at ***************, but when I talked to ******** he stated that he had sent the payment in the month of September well before the unit scheduled date that was set for the month of December, so I ask ***** at parks industries if he would please send the money back because the unit has not been installed. I put in a complaint with parks industries but was told that my complaint would be with new lane finance.
            Read More
            Read 12 More Complaints

            Customer Reviews

            1 Customer Reviews

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            Most Recent Customer Review

            Darrel C

            07/05/2024

            I am in the ****et for a new Line Paint machine and upon looking I came across an option I thought was good. I applied to finance the machine with Apply and unannounced they are a fishing company that throws your information to the masses and waits for a bite. In comes NewLane Financing. While they offer the loan at multiple intervals in terms, they stipulate a no early buyout therefore when I pay this off in 6 months, a year or what have you, I am still liable for their interest charges. So, I finance two years and $2500 in interest, the call it a finance charge, then I pay it in a year and I still owe them more money because I paid it off early they still get paid more money. In essence, they **** the machine up to their desired amount and I am obligated to pay it. What a scam and should not be allowed to occur! If I pay it off then we are done! Early payoff not allowed. Buyer beware!

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