The representatives contact the customer through phone calls and emails. However, it provides several installment policies to the customers with variable retrieval rules across the USA. The company does not accept continuous missed payments because it affects their business. The lending cooperation has a specific loan policy with a written agreement. The company can retrieve the automobile after consecutive missed payments. It works with several franchises nationwide and makes the ownership of a car possible for several people. Moreover, Exeter finance currently works with around 12000 dealers in different states of the USA. It has facilitated around 1.2 million customers since 2006. It is a famous company for its reliable policies, high performance, and quick service. It provides a loan of more than $6000, but it depends on your financial information like bank statements. It is present in the Texas United States and owned by Warburg Pincus. It is an auto finance cooperation providing loans to vehicle owners, investors, and dealers. Do you have to pay additional charges to release your repossessed car?.Can you stop the repossession of your car by Exeter finance?.What is the grace period of Exeter finance?.How long does Exeter finance take to repo your car?.You can protect the recovery by evaluating the paperwork, calculating the pending loan, and arranging money before the last date.Īlso, secure your credibility with timely payments and purchase an automobile without any challenge. However, you have to pay an additional towing fee and charges of repossession procedure with the actual loan, and you cannot apply for a new vehicle within 11 to 13 months of repossession. Exeter provides a grace period of 8 to 16 days, contact the lender after 35 to 65 days and stop the car’s repossession by rescheduling the loan. When Does Exeter Finance Repo Your Car? Exeter finance can repo your car after 4 to 6 months with consecutive 3 to 4 missed payments by hiring a recovery company, tracking the car with built-in devices, deactivating it automatically, and repossessing the vehicle from the parking location. However, it is a trustworthy financing company that facilitates lenient policies and avoids frequent recoveries. Please visit to learn more.Exeter Finance is an authorized company that facilitates loans for cars and repossesses them due to missed payments. Auto Dealer Monthly named Exeter the “Top Finance Company for Dealers” in 2010, while Auto Finance News selected Exeter for its Auto Finance Excellence Award in 2011. Exeter takes pride in staffing all branch offices with local decision-makers. Building personal relationships and providing the highest level of service to dealers and customers have been key to the company’s success since its founding in 2006. Exeter partners with franchised auto dealers throughout the country to make car ownership a reality for borrowers. is a specialty auto finance company based in Irving, Texas. Today Exeter manages a portfolio of more than $500 million, an increase of more than 300 percent over the past year.Įxeter Finance Corp. Exeter also completed its first rated term securitization earlier this year, issuing $200 million in notes backed by subprime automobile installment receivables.Įxeter differentiates itself by using a decentralized underwriting process carried out at local branches and controlled through centralized credit policies and a custom-scoring model. In August 2011 Exeter was acquired by Blackstone, and secured a $600 million line of credit, which provided additional funding capacity for the recent growth and expansion. We still see tremendous opportunities ahead.” “We’re focused on taking our strategy of providing local market expertise and exceptional, personalized service to dealers in every state. “Our ability to continue to grow the company amid today’s tough economic conditions is the direct result of the hard work of our dedicated and talented team, and the solid business platform we’ve put in place,” said Mark Floyd, CEO of Exeter. Exeter has more than tripled its employee population over the last year, and currently employs almost 600 people in its corporate office, servicing center and 46 branches nationwide that serve dealers across the country. The servicing center is located near the Exeter corporate offices on John Carpenter Freeway.Īpproximately 150 employees have moved to the 76,061 square foot facility. IRVING, TEXAS – Exeter Finance Corp., a specialty auto finance company, announced the opening of a new servicing center that can accommodate up to 500 employees in Irving, Texas.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |