TimePayment

Other 

on BBB

6 years ago

Terrible company with terrible fine print. They should be ashamed of themselves and the way they do business. I was told if I paid my total amount in 12 months there would be no additional charges. I am going on year two and have paid nearly triple what my item was worth but I needed it in a pinch. Shame on this company as I now am nearly homeless because of them. 

jackie S 

on BBB

6 years ago

I trusted the company that I was buying from but ended up it was financed by these scam artists! My payment is always higher due to "taxes" or no insurance even though my insurance agent has sent it numerous times. 

Steve M 

on BBB

6 years ago

I have 2 lease agreements with TimePayment and will never do business with them again, nor will anyone I associate with in the industry. We discussed terms that included a $1 buyout at the end of the lease, however was just informed that I will have to pay fair market value for the lease at the end of the terms, which will cost me thousands extra. Had to jump through hoops to get this information, since they do not give you access to ANY account information online regarding payment terms, how many payments you have remaining... read more

Craig F 

on BBB

6 years ago

This company is a fraud. They allowed my father to obtain a loan in my corporation name without my knowledge or approval. They did not do their due diligence in obtaining proof from him that he is a member of the corporation, which he is NOT! Now they are threatening my corporation with a lawsuit and negative marks on the corporation’s credit. DO NOT DO BUSINESS WITH THIS COMPANY!!!!!!! 

GEORGE R 

on BBB

6 years ago

This is a SCAM as I was contacted my **********lending and that's who I thought I was entering into the loan with however it turned out to be TimePayment Corp. ********** told me my loan was a certain amount for xx months so I agreed to it. However, when I get my first payment notification the payment goes up $100 as timepayment says it is due to taxes. I asked how is that and they told I should've read the fine print under the payment form. THIS IS A COMPLETE SCAM. 

JoAnn B 

on BBB

6 years ago

SCAM! I PURCHASED equipment from another company via Time Payment. I paid well over the original principal already and was told that to pay it off it would be another $2k. On top of that I was told that that would only pay off the lease and I would have to purchase the equipment again after that. Do not work with this company. 

Brian D. 

on BBB

6 years ago

This was the worse company ever to deal with! They find ways to charge you extra each month. Example say they never received your insurance binder, then when you prove them wrong they don't pay you back! They cant keep good records at all and the people they have working for them have no idea what they are doing. If you have to lease a piece of equipment Don't do it from these guys, you will end up paying 2 to 3 times what it's worth! 

michelle n 

on BBB

6 years ago

I know its our fault for signing such a ridiculous contract with this company but we were desperate to get a welder for our business but really this company should be shut down they prey on companys with no cash flow and cant get small business loans which dont exist but once my acct is paid off im not EVER stooping low enough to pay 10 times the amt for a welder, live & learn i hope they go out of business 

Devon C 

on BBB

6 years ago

Absolutely awful! It’s all apart of a larger scam. They have changed my monthly payments so many times without notifying me. They are truly an awful business and I’m so sorry I ever got involved with them.