In Massachusetts, Exeter agreed to pay $4.7 million to harmed borrowers and $825,000 to the state. See Nelson v. Napolitano, 657 F.3d 586, 587 (7th Cir. Share sensitive information only on official, secure websites. The complaint, filed in Suffolk Superior Court, alleges that since 2013, CAC failed to inform investors that the company topped off the pools of loans that they packaged and securitized with higher-risk loans, despite claiming otherwise in disclosures to investors. Suggestions are presented as an open option list only when they are available. (Ellis, Bernie) (Entered: 11/11/2021), Docket(#5) Summons Issued as to Exeter Finance LLC, Primeritus Financial Services Inc. (Attachments: #1 Summons for Primeritus Financial Services, Inc.)(arut) (Entered: 10/07/2021), Docket(#3) Local Rule 26.01 Answers to Interrogatories by Jennifer Bradley. Exeter finance is top notch as far as I'm concerned. (kmca) (Entered: 11/16/2021), (#5) Summons Issued as to Exeter Finance LLC, Primeritus Financial Services Inc. (Attachments: #1 Summons for Primeritus Financial Services, Inc.)(arut) (Entered: 10/07/2021), (#3) Local Rule 26.01 Answers to Interrogatories by Jennifer Bradley. Rivera is not the only one suffering from Exeter's vexatious robocalls, so he sought to bring a class action lawsuit pursuant to the Telephone Consumer Protection Act, 47 U.S.C. See here for a complete list of exchanges and delays. Please remove any contact information or personal data from your feedback. 2021-10-14, Los Angeles County Superior Courts | Other | You gave us the opportunity to use your money and thank you for that, but if you can see the monetary interest that you applied to us, it seems ridiculously excessive to me. (Ellis, Bernie) (Entered: 12/03/2021), Docket(#9) ANSWER to #1 Complaint by Exeter Finance LLC. Your APR can vary depending on several factors, such as your credit score. We will use this information to improve this page. Exeter will also waive deficiencies on certain subprime loans and will ask the major credit bureaus to wipe all trade lines for involved subprime loans on consumers credit reports. Summons for Primeritus Financial Services, Inc. (#6) First MOTION for Extension of Time by Exeter Finance LLC. Credit Acceptance Corp did not admit wrongdoing as part of the settlement. It goes against our guidelines to offer incentives for reviews. Haig Partners: How are dealerships being valued today? Have an opinion about this story? How can you get Exeter Finance off your credit report? I refinanced my car and requested my title to be released to Navy Federal. See Nelson v. Napolitano, 657 F.3d 586, 587 (7th Cir. Filing fee $ 402, receipt number 0752-18366584. In its statement, the Massachusetts attorney generals office also accused Exeter of violating debt collection regulations through mishandling servicing and collection of auto loans. Defendant Exeter Finance LLC's answer due December 3, 2021. All quotes delayed a minimum of 15 minutes. Their Interest rates are extremely too high, terrible customer service, they are not there to help you, basically mess your credit up, dont give a rats a$$ about situations and arent reliable. Get 24/7 access to in-depth, authoritative coverage of the auto industry from a global team of reporters and editors covering the news thats vital to your business. Exeter Finance LLC does not provide translation services of written communications or documents. Previously, the AGs Officesecured$22 million from Santander for its role in financing subprime auto loans for Massachusetts residents. You won't owe us a dime for our services. Melanie Matts. Audio recording of the hearing is not permitted; violations of this prohibition may result in sanctions. This companys loans put Massachusetts car buyers in economic danger, Healey said in the statement. Mailed notice (ef, ) (Entered: 09/23/2021), Docket(#30) STIPULATION of Dismissal as to defendant Experian Information Solutions, Inc. (Plati, Michael) (Entered: 09/23/2021), Docket(#29) MINUTE entry before the Honorable John F. Kness: Plaintiff has filed a notice of voluntary dismissal #27 explaining that the case has been voluntarily dismissed as against Defendant Exeter Finance, LLC only. Exeter Finance LLC et al Case Summary On 10/05/2021 Bradley filed a Finance - Consumer Credit lawsuit against Exeter Finance LLC. This case was filed in U.S. District Courts, Illinois Northern District. All rights reserved.Exeter Finance LLC - NMLS Unique Identifier - #967404Verify NMLS ID at - www.nmlsconsumeraccess.orgFICO is a registered trademark of Fair Isaac Corporation in the United States and other countries.For residents of New York City, New York: Exeter Finance LLC provides servicing options that allow for verbal communications in languages other than English via a third-party vendor. Add an additional 3 days only if served by mail or otherwise allowed under Fed. Both states say the loans violated state law. Loan was processed and approved quickly and Im saving a bunch of money. If a stipulation of dismissal is received before the next status hearing, the hearing will be stricken. Filing fee $ 402, receipt number 0752-18366584. was also awesome! <link rel="stylesheet" href="styles.98190626566e8a97.css"> The person who helped me with my payment was very courteous and helpful. The parties are to use the following call-in number: 888-684-8852, conference code 3796759. Haig Partners: Dealership consolidation trends, Haig Partners: Dealership valuation trends, Haig Partners: Dealership succession planning, Ally: Navigating the future of automotive retailing, Google: How a century-old brand is transforming the auto industry. Labeled Verified, theyre about genuine experiences.Learn more about other kinds of reviews. Within 45 minutes of applying for a car I was approved! from 8 a.m.-5 p.m. CT. Let MyAccount give you more time back in your day. Sincerely, Office of the President Exeter Finance LLC Initial Complaint 10/31/2022 Complaint Type: Billing/Collection Issues Status: Answered I am not liable for this debt with Exter Finance. Exeter Finance offers franchise & independent dealership financing and subprime auto lending to credit-challenged customers. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. The AGs Office alleges that Exeter facilitated the origination of Massachusetts auto loans that the company knew or should have known were unfair and in violation of the state Consumer Protection Law. Case Details Parties Documents Dockets "This company's loans put Massachusetts car buyers in economic danger," AG Healey said. A finance company operating in Massachusetts, Exeter Finance LLC, will pay more than $5.5 million for its role in allegedly financing unfair, subprime auto loans for Massachusetts car buyers, Attorney General Maura Healey announced today. "This company's loans put Massachusetts car buyers in economic danger," Healey said in the statement. ), filed by Jennifer Bradley. for Judgment on the Pleadings filed by Defendant Exeter Finance, LLC on December 27, 2021(Doc. Last year, Exeter Finance. Both attorneys general said their offices will continue to investigate subprime lenders to protect borrowers in their states. Download PDF. Please do not include personal or contact information. This assurance of discontinuance, filed in Suffolk Superior Court, includes $4.675 million that will be available to provide relief to harmed borrowers and an $825,000 payment to the state. Please limit your input to 500 characters. Exeter also allegedly mishandled servicing and collecting activities in violation of the Attorney Generals debt collection regulations. Super great experience. For more information, visit www.nyc.gov/dca. ISSN 2576-1064 (print) Contact the Attorney General's Office at (617) 727-2200, AG Healey Secures $5.5 Million for Consumers, State in Subprime Auto-loan Settlement. Exeter to settle 'unfair loans' for $6 million. The parties are to use the following call-in number: 888-684-8852, conference code 3796759. people, performance and service. # 35). On Wednesday, Credit. Interest rates too high, terrible customer service, they are not there to help you, basically mess your credit up, dont give a rats a$$ about situations and arent reliable. Audio recording of the hearing is not permitted; violations of this prohibition may result in sanctions. Our team is integral to our success. Everyone was really kind and my salesperson (Jeff) was so attentative and patient! The Judge overseeing this case is Timothy M Cain. Exeter Finance Reviews | Read Customer Service Reviews of exeterfinance.com Money & Insurance Investments & Wealth Non-Bank Financial Service Exeter Finance Exeter Finance Reviews 4,743 Great 4.2 VERIFIED COMPANY exeterfinance.com Visit this website Filter Sort: Most relevant TS Telicia Simon 1 review US 10 hours ago Verified Both states say the loans violated state law. Plaintiff . This company made unaffordable and illegal loans to borrowers, causing them to fall into thousands of dollars of debt and even lose their vehicles, Healey said in a news release. Call us today at 312-300-5996 for a free consultation. In its lawsuit, the AGs office also alleges that the company took excessive and illegal measures to collect debt from defaulted contract holders, including sending faulty notices to customers with repossessed vehicles, harassing consumers with unlawfully repetitious collections calls and overcharging consumers on their deficiencies. ## 38, 47). 2011) (Rule 41(a)(1)(A) notice of dismissal "is self-executing and effective without further action from the court"). 2011) (Rule 41(a)(1)(A) notice of dismissal "is self-executing and effective without further action from the court"). We use dedicated people and clever technology to safeguard our platform. Mailed notice (ef, ) (Entered: 09/03/2021), (#28) NOTICE of Voluntary Dismissal by Dennis J. Henderson as to Defendant Exeter Finance, LLC (Plati, Michael) (Entered: 08/31/2021), (#27) MOTION by Defendant Exeter Finance, LLC for extension of time to file answer regarding complaint #1 (UNOPPOSED) (Ritchie, Alan) (Entered: 08/30/2021), Docket(#35) MINUTE entry before the Honorable John F. Kness: In their joint initial status report #34 , the parties explain that they "have completed their settlement documentation and anticipate that they will complete the settlement and file a Stipulation of Dismissal by November 30, 2021." R. Crim. Please remove any contact information or personal data from your feedback. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. Very happy, This is by far the worse finance company I have ever dealt with. R. Crim. "These were loans these customers couldn't afford to pay back, but they made them anyway," Healey said.