Month: November 2024

Is Exeter Finance a Good Lender For Bad Credit?

Exeter Finance, a consumer lender that specializes in dealership financing and subprime auto lending, is subject to stringent compliance requirements due to their large loan volume and needing regular chart of accounts additions and reconciliations across more than 90 bank accounts at period close. Exeter may promise consumers help, yet many borrowers experience financial surprises …

Exeter Finance Auto Loan Requirements

Exeter Finance provided loans to borrowers with lower credit scores, extended their repayment schedule beyond six years and charged the highest rates available to subprime lenders in the industry. Many consumers, like Patterson, filed complaints with state attorneys general; however, regulators often failed to press Exeter for specifics, leading them to remain unaware of how …

Exeter Finance Debt Settlement – Is Exeter Finance Right For You?

Exeter Finance, a consumer lender, operates within an industry with stringent compliance standards. Their financial processes necessitate an advanced system capable of supporting complex audit capabilities, process definition flexibility and data integration volume integrations. ProPublica found that Exeter offers loan extensions “like candy.” This can lead to increased final payments or Exeter repossessing or sending …

Exeter Finance Lending to People With Subprime Credit Scores

Exeter Finance of Irving has grown quickly over recent years by disbursing more than $4 billion in auto loans to people with subprime credit scores, many of whom are months behind on payments; Exeter often adds substantial interest charges without explaining them fully. Deborahlyn Wells from Kentucky notified Attorney General Daniel Cameron’s office when her …

How Does Exeter Finance Work?

Exeter Finance partners with thousands of dealerships to assist people even with poor credit or limited income purchase vehicles, but also offers high-interest loans, which often repossesses vehicles when payments fall behind. Tracking exactly how many extensions Exeter issues is difficult as they’re not required to report these numbers; however, public records reveal their significance …