Why is this public record being published online? More than 3,000 borrowers in Massachusetts could be eligible to receive money under a $27.2 million settlement Attorney General Maura Healey announced Wednesday with Credit Acceptance Corp to resolve allegations that the subprime auto lender engaged in predatory loan practices that ruined the credit of many consumers. Defendant Exeter Finance LLC's answer due December 3, 2021. Mailed notice (ef, ) (Entered: 11/12/2021), (#34) REPORT of Rule 26(f) Planning Meeting by Dennis J. Henderson (Plati, Michael) (Entered: 11/02/2021), (#33) ORDER signed by the Honorable John F. Kness on 10/19/2021: Telephonic initial status hearing is set for 11/15/2021 at 10:00 AM. Mailed notice (ef, ) (Entered: 09/03/2021), Docket(#28) NOTICE of Voluntary Dismissal by Dennis J. Henderson as to Defendant Exeter Finance, LLC (Plati, Michael) (Entered: 08/31/2021), Docket(#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(#26) ANSWER to Complaint and Affirmative and Other Defenses by Equifax Information Services, LLC(Stanzick, Jasmine) (Entered: 08/30/2021), Docket(#8) MOTION by Defendant Experian Information Solutions, Inc. for extension of time to file answer (Unopposed) (Salvi, Mackenzie) (Entered: 07/14/2021), Docket(#7) NOTIFICATION of Affiliates pursuant to Local Rule 3.2 by Experian Information Solutions, Inc. (Salvi, Mackenzie) (Entered: 07/14/2021), Docket(#6) ATTORNEY Appearance for Defendant Experian Information Solutions, Inc. by Mackenzie Renee Salvi (Salvi, Mackenzie) (Entered: 07/14/2021), Docket(#5) SUMMONS Returned Executed by Dennis J. Henderson as to Exeter Finance, LLC on 6/28/2021, answer due 7/19/2021. I hope they go out of business. Subprime auto lender Exeter Finance has agreed to pay more than $6 million in two states for financing . The settlement also requires the company to make changes to its loan handling practices. TYRONE CANADY VS COASTLINE RECOVERY SERVICES, INC., ET AL. News AG Healey Secures $5.5 Million for Consumers, State in - Mass.gov Call us today at 312-300-5996 for a free consultation. I hope they go out of business, You cant use multiple cards when trying to pay bill n customer service rude, The rates are too high but I do appreciate them for financing my new vehicle, The truck has many problems with it and we have a service appointment to have all the problems fix, Interest rates are to take advantage of people down on there luck.so if u thinking by helping me out by paying three times what a car is worth, forcing me to pay extra for gap insurance so I don't get fed forever is a favor and u want a superb mark, your nuts. Contact the Attorney General's Office at (617) 727-2200, AG Healey Sues Major Subprime Auto Lender for Unfair and Deceptive Practices in Its Subprime Auto Loan Business in Massachusetts. EXETER Voters will be asked to approve a $16.3 million bond at the March 14 Town Meeting to build a new police headquarters and fire substation. Exeter Finance offers franchise dealership financing and subprime auto lending to credit-challenged customers. If you need assistance, please Contact the Attorney General's Office at (617) 727-2200. Cases involving consumer credit violations, 371, 480, 1371, 1480, 2371, 2480, 3371, 3480, 4371, 4480, 5371, Truth in Lending Act (TILA) - 15 USC 1601-1667 et al, Johnson v. Dell Financial Services LLC et al, Mokszycki v. Equifax Information Services LLC et al. Credit Acceptances legal team is facing a host of challenges from state attorneys general nowadays. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. Credit Acceptance becomes 5th finance company to settle with Heres what you need to know. 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. Each party is to bear its own fees and costs. Cases involving consumer credit violations, 371, 480, 1371, 1480, 2371, 2480, 3371, 3480, 4371, 4480, 5371, Truth in Lending Act (TILA) - 15 USC 1601-1667 (Plati, Michael) (Entered: 07/08/2021), SUMMONS Issued as to Defendants Equifax Information Services, LLC, Exeter Finance, LLC, Experian Information Solutions, Inc. (crl, ) (Entered: 06/25/2021), (#3) ATTORNEY Appearance for Plaintiff Dennis J. Henderson by Syed Haseeb Hussain (Hussain, Syed) (Entered: 06/17/2021), CASE ASSIGNED to the Honorable John F. Kness. Courts have held that lending is unlawful under the statute if lenders do not have a basis for believing that borrowers will be able to repay their loans in normal course. Accordingly, the case against Defendant Experian Information Solutions, Inc. is dismissed with prejudice in accordance with the terms of the stipulation and by operation of Rule 41(a)(1)(A)(ii) of the Federal Rules of Civil Procedure. Plus, some of our clients also receive debt relief and cleaned-up credit reports. was also awesome! Please do not include personal or contact information. Share sensitive information only on official, secure websites. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. (Ellis, Bernie) (Entered: 12/03/2021), Docket(#7) TEXT ORDER granting #6 Motion for Extension of Time. Neither it nor its attorney, James Carroll of Skadden, Arps, Slate, Meagher & Flom, responded to requests for comment. Exeter Finance - Franchise & Independent Dealership Financing, Subprime This lawsuit is part of Healeys review of securitization practices in the subprime auto market an industry-wide investigation that her office said remains ongoing. (arut) (Entered: 10/07/2021), U.S. District Courts | Finance | Wilson v. Exeter Finance LLC - Justia Dockets & Filings 2023Exeter Finance LLC. Progressive Services, Inc. v. Flatline Roofing, LLC et al. $16.3 million bond sought for new Exeter police HQ, fire substation Macon v. Proud Ground Organization, et al. Mailed notice (ef, ) (Entered: 11/12/2021), Docket(#34) REPORT of Rule 26(f) Planning Meeting by Dennis J. Henderson (Plati, Michael) (Entered: 11/02/2021), Docket(#33) ORDER signed by the Honorable John F. Kness on 10/19/2021: Telephonic initial status hearing is set for 11/15/2021 at 10:00 AM. 8:20-CV-01048 | 2020-03-13, U.S. Courts Of Appeals | Contract | He can be reached at nate.raymond@thomsonreuters.com. Massachusetts had settled with the lender in 2015. There customer service, follow up and respect for the customers is all 5 star! 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A .mass.gov website belongs to an official government organization in Massachusetts. The parties are to use the following call-in number: 888-684-8852, conference code 3796759. R. Civ. 2021-10-28, Los Angeles County Superior Courts | Personal Injury | Boston 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. Exeter Finance, LLC et al Case Summary On 06/17/2021 Henderson filed a Finance - Consumer Credit lawsuit against Exeter Finance , LLC. The state is seeking relief for Massachusetts customers harmed by these alleged practices, as well as civil penalties and injunctive relief. UniCourt uses cookies to improve your online experience, for more information please see our Privacy Policy. Exeter finance is top notch as far as I'm concerned. Participants are directed to keep their device muted when they are not speaking. ), filed by Jennifer Bradley. Contact Exeter Finance via our customer service phone line or email. Use this button to show and access all levels. R. Crim. Follow these three steps: At Exeter, we focus on being a premier auto finance company and lender of choice known for its people, performance and service. Binh Hoa Le v. Exeter Finance Corp., No. 20-10377 (5th Cir. 2021) 2021) The Fifth Circuit affirmed the district court's judgment in favor of Exeter and Exeter's parent company, Enzo, in an action brought by plaintiff, a former employee, for breach of contract, fraud, and quantum meruit. The office of Massachusetts Attorney General Maura Healey said Monday that Exeter facilitated auto loan originations that it "knew or should have known were unfair and in violation of the state Consumer Protection Law," while the office of Delaware Attorney General Kathleen Jennings said the lender "knew or should have known" that the loans violated state laws. We will use this information to improve this page. The public and media representatives may have access to the hearing via the same number. Allstate: Compliance standards are changing. Glassdoor gives you an inside look at what it's like to work at Exeter Finance, including salaries, reviews, office photos, and more. 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. # 35). (Plati, Michael) (Entered: 07/08/2021), Docket(#4) SUMMONS Returned Executed by Dennis J. Henderson as to Experian Information Solutions, Inc. on 6/28/2021, answer due 7/19/2021. This company made unaffordable and illegal loans to borrowers, causing them to fall into thousands of dollars of debt and even lose their vehicles, said AG Healey. The person who helped me with my payment was very courteous and helpful. Stop Exeter Finance Debt Harassment Today | Agruss Law Firm 2011) (Rule 41(a)(1)(A) notice of dismissal "is self-executing and effective without further action from the court"). Our Standards: The Thomson Reuters Trust Principles. Both states say the loans violated state law. As part of the settlement, the company will pay $27.2 million into a trust overseen by an independent trustee that will be used in large part to provide relief to customers and provide debt relief and credit repair to borrowers. Poly-Med, Inc. v. Novus Scientific Pte. AG Healey Sues Major Subprime Auto Lender for Unfair and Deceptive (Ellis, Bernie) (Entered: 11/11/2021), (#9) ANSWER to #1 Complaint by Exeter Finance LLC. Designated as Magistrate Judge the Honorable Jeffrey Cole. A lock icon ( 1:22-CV-04958 | 2022-12-16, U.S. District Courts | Contract | (crl, ) (Entered: 06/17/2021), (#2) ATTORNEY Appearance for Plaintiff Dennis J. Henderson by Michael Joseph Plati (Plati, Michael) (Entered: 06/17/2021), (#1) COMPLAINT filed by Dennis J. Henderson; Jury Demand. They have been giving me the run around. Then on April 3, the finance company said it received another subpoena from the Maryland AG in connection with the companys origination and collection policies and procedures in the state of Maryland. ISSN 1557-7686 (online), Fixed Ops Journal Last year, Exeter Finance. Healey, in a video conference call with three consumers who bought cars with loans through Credit Assistance, described a company that lent money to consumers at interest rates that met or exceeded the state's cap of 21 percent, and then engaged in unlawful collection practices. Todays settlement with Exeter provides millions of dollars in relief and repairs damaged credit. Exeter also allegedly mishandled servicing and collecting activities in violation of the Attorney Generals debt collection regulations. Everyone was really kind and my salesperson (Jeff) was so attentative and patient! Financing is illegal if lenders do not have a basis for believing that customers will be able to repay loans as scheduled, the Massachusetts attorney general office said in a statement. For more information, see ourPrivacy Policy. Delaware and Massachusetts previously partnered to crack down on deceptive subprime auto lending. (Plati, Michael) (Entered: 07/08/2021), (#4) SUMMONS Returned Executed by Dennis J. Henderson as to Experian Information Solutions, Inc. on 6/28/2021, answer due 7/19/2021. Vulnerable woman, 55, died of hypothermia alone in freezing cold Copyright Repo.Buzz All rights reserved. More than 3,000 borrowers in Massachusetts could be eligible to receive money under a $27.2 million settlement Attorney General Maura Healey announced Wednesday with Credit Acceptance Corp to. Haig Partners: How are dealerships being valued today? A .mass.gov website belongs to an official government organization in Massachusetts. Case assignment: Random assignment. Plaintiff . The feedback will only be used for improving the website. She said many of the consumers hurt by those lending practices livein cities including Springfield, Boston, Worcester and Brockton. 2:23-CV-00257 | 2023-02-24, U.S. District Courts | Finance | The lawsuit alleged borrowers were subjected to hidden finance charges, which resulted in the loans exceeding a state law cap of 21% on loan interest rates; and harassment by collection employees who called them up to eight times a day. The case status is Pending - Other Pending. United States District Court Middle District of Florida Tampa Division Our About Exeter Finance - Franchise & Independent Dealership Financing Suggestions are presented as an open option list only when they are available. Please let us know how we can improve this page. Exeter Finance offers franchise & independent dealership financing and subprime auto lending to credit-challenged customers. And the best part of all, documents in their CrowdSourced Library are FREE! Mailed notice(ef, ) (Entered: 10/19/2021), Docket(#32) Notice of Settlement by Dennis J. Henderson as to Defendant Equifax Information Services, LLC (Plati, Michael) (Entered: 09/29/2021), Docket(#31) MINUTE entry before the Honorable John F. Kness: Plaintiff has filed a stipulation of dismissal #30 explaining that the case has been voluntarily dismissed as against Defendant Experian Information Solutions, Inc. only. I have had to miss work to take care of this 5 different trips to the DMV with the wrong paperwork that they have sent me. Everything was wrong every time I call to check on things and ask to speak with a supervisor they can never come to the phone and the information that they are telling customers are all wrong and I feel like if they would have told me everything that I needed when I called the first time everything would have been sent and I wouldnt have to call everyday or every other dayI feel like they are very unprofessional when it comes down to giving customers the right information when needed. An Exeter spokeswoman toldAutomotive Newsthe company is pleased to have resolved this matter.. Choose your news we will deliver. Thanks guys and galls keep up the great work Jon AtkeissonEast Texas. Summons for Primeritus Financial Services, Inc. (#6) First MOTION for Extension of Time by Exeter Finance LLC.