If you choose to do business with this business, please let the business know that you contacted BBB for a BBB Business Profile.Īs a matter of policy, BBB does not endorse any product, service or business. finance total los payoff address maybe Complaints for Exeter Finance Corp. BBB Business Profiles are subject to change at any time. WebAt Exeter, we focus on being a premier finance company and lender of. When considering complaint information, please take into account the company's size and volume of transactions, and understand that the nature of complaints and a firm's responses to them are often more important than the number of complaints.īBB Business Profiles generally cover a three-year reporting period. However, BBB does not verify the accuracy of information provided by third parties, and does not guarantee the accuracy of any information in Business Profiles. BBB asks third parties who publish complaints, reviews and/or responses on this website to affirm that the information provided is accurate. "It's hurt me for a long time and I've been trying to recover from it," Mello said.BBB Business Profiles may not be reproduced for sales or promotional purposes.īBB Business Profiles are provided solely to assist you in exercising your own best judgment. On 8-7-2022 we started getting notices that we owe a exter 487.62 on top of the 700 payment we've made every month since we've had the vehicle and can prove with bank statements and confirmation numbers it started a few months ago and the first rep I talked to said it was because of a new system. With an interest rate of 20.99 percent, he said he quickly fell behind and then endured constant collection calls and vehicle repossessions until he lost the car in 2019. Exeter Finance LLC review: Financial services. The lender has also agreed to change its loan and debt collection practices, Healey said.įrank Mello said he bought a car with a Credit Assistance loan in 2018 to get to his job an hour from where he was living. We contacted them to try to get a payment deferred, because we were having some financial difficulties. Under the settlement, thousands of borrowers who received auto loans through Credit Assistance could be eligible for reimbursements or debt relief. We had a car financed through Exeter Finance Corp. More: '$1 billion problem': Organized retail theft is big business in Massachusetts to make a profit on some of our most vulnerable residents." They are a second hand company thats needs to be shut down completely. Instead of learning from the subprime mortgage crisis, Healey said Credit Assistance and other auto loan companies used it as a "blueprint. But this company is a rip off and doesnt care about their customers. Our partnership with dealers, exceptional customer service and relationships have allowed us to make vehicle ownership a reality for many. Exeter Finance offers franchise dealership financing and subprime auto lending to credit-challenged customers. The AGs lawsuit noted that while the company profited from these loans, borrowers experienced credit harm, and, in some instances, lost. "These were loans these customers couldn't afford to pay back, but they made them anyway," Healey said. Exeter Finance offers franchise & independent dealership financing and subprime auto lending to credit-challenged customers. Contact Exeter Finance via our customer service phone line or email. This includes: Medical, dental and vision care plans at competitive rates. She said many of the consumers hurt by those lending practices live in cities including Springfield, Boston, Worcester and Brockton. All full-time employees receive a generous package of benefits and perks within 30 days of their start date. More: Marshfield mom tried to raise money for a wheelchair ramp.
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