What kind of company is Exeter Finance?
auto finance company
Exeter Finance Corporation is an auto finance company. The Company offers loan packages to car owners, dealers, and investors.
Why is Exeter Finance on my credit report?
They are a subprime auto loan provider to customers with bad credit that offers franchise dealership financing. You may see Exeter Finance listed on your credit report as a collections account. This can happen if you’ve defaulted on a car loan or fallen behind on your monthly payments.
Who bought out Exeter Finance?
IRVING, Texas, August 12, 2011 – Exeter Finance Corp., a specialty auto finance company, announced it has been acquired by Blackstone from Navigation Capital Partners (NCP).
What is Exeter Finance customer service number?
(800) 321-9637
call (800) 321-9637. and Saturday 8:00 am – 5:00 pm CT. We’re ready to help!
How long has Exeter Finance been in business?
About Exeter Finance Founded in 2006, the company underwrites, purchases, services, and securitizes retail installment contracts from U.S. automobile dealers. Exeter works with more than 11,000 dealers and 475,000 customers nationwide providing indirect financing for both new and used vehicles.
Does CarMax use Exeter?
Exeter is one of seven companies — aside from captive CarMax Auto Finance — to provide financing to the dealership chain’s used-car buyers. The others are Ally Bank, American Credit Acceptance, Capital One Auto Finance, Santander Consumer USA, Wells Fargo Auto and Westlake Financial Services.
Is there a lawsuit against Exeter Finance?
On 06/17/2021 Henderson filed a Finance – Consumer Credit lawsuit against Exeter Finance , LLC. This case was filed in U.S. District Courts, Illinois Northern District.
Is Exeter finance a public company?
This is an initial public offering of shares of Class A common stock of Exeter Finance Corporation. We are offering shares of our Class A common stock. The selling stockholders identified in this prospectus are offering shares of our Class A common stock.
How can you get out of a car loan?
5 options to get out of a loan you can’t afford
- Renegotiate the loan. You can reach out to your lender and negotiate a new payment plan.
- Sell the vehicle. Another strategy is to sell the car.
- Voluntary repossession.
- Refinance your loan.
- Pay off the car loan.
How many employees does Exeter Finance have?
Based in Irving, TX, Exeter Finance is a medium-sized finance company with 939 employees and a revenue of $330.0M. To create superior value for our stakeholders by providing financial solutions through building exceptional customer, dealer and partner relationships while exhibiting a Culture of Excellence.
Is Credit Acceptance under investigation?
The deal with Credit Acceptance is one result of a yearslong investigation by Healey’s office into the auto lending industry, which remains ongoing.
What does Exeter company do?
Exeter Finance specializes in subprime auto loans. Subprime loans are offered to potential borrowers who do not qualify for conventional loans. Borrowers with low incomes, poor credit histories and other factors that prevent them from securing conventional auto financing benefit from subprime loans.