Exeter Finance Corp Consumer Loan Complaint

Installment loan Problems when you are unable to pay problems when you are unable to pay

Exeter Finance Corp Consumer Loan department,

Installment loan Problems when you are unable to pay Problems when you are unable to pay California

I obtained a loan from Exeter Finance Corp with an interest rate of 22.9 %. After making approximately 12 months of payments I began the process of purchasing a home and secure a mortgage. I was informed that my auto loan with Exeter contained a outrageously high interest rate, high payment, and the vehicle had around $5000.00 dollars in negative equity in the vehicle. I was informed by lenders, my legal counsel, and the veterans home loan association, that I would still be able to obtain loan provided Exeter reported correctly and only reported a repossession to the credit bureaus. Exeter has wrongfully reported that I was late in paying on my account, and has subsequently caused me to insure a financial loss of $30000.00 dollars. After speaking with -, in the escalations department and offering Exeter a settlement offer, - told me I would receive a call back from - -, however, I never did.

Exeter Finance Corp customer in California
Oct 29, 2015

* Source: CFPB Complaint Database

Exeter Finance Corp response to complaint:
Closed with explanation

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