Subprime lender Exeter Finance is being acquired by an investor group led by private equity firm Warburg Pincus from funds managed by Blackstone, Exeter announced today. The transaction is expected to close by yearend 2021. Jason Grubb will remain chief executive of the subprime lender.
Who bought Exeter Financial?
Warburg Pincus
The acquisition of Exeter is one of several auto industry investments made by Warburg Pincus, which has more than $60 billion in private equity assets.
How can I get out of an Exeter loan?
Call the Exeter Finance customer service phone number at 1-800-321-9637 and ask to be connected to the loan payoff department.
Who is Exeter Finance?
Exeter Finance Corporation is an auto finance company. The Company offers loan packages to car owners, dealers, and investors. Exeter Finance serves customers in the United States.
Who founded Exeter Finance?
Peter Keech. Peter established Exeter Finance in 2013 to provide local, property funding solutions alongside excellent customer service. He started his banking career with Lloyds Bank aged 16 and before Exeter Finance, spent 20 years running Arbuthnot Latham’s Exeter office.
What did Exeter used to be called?
During Saxon times, Exeter was called Isca Chester. 876 The Danes captured Exeter.
Is Harry Potter based on Exeter?
She was inspired by places in and around Exeter, including the Black Horse Inn in Longbrook Street and Gandy Street which was transformed into Diagon Alley in her novels.
How can I get out of a loan I can’t afford?
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 can I get out of a loan legally?
Co-signers are on the hook for someone else’s debt, but there are ways to get out of the loan. Some of them will cost you.
- Transfer the balance to a 0% card.
- Get a loan release.
- Consolidate or refinance the debt.
- Remove your name from a credit card account.
- Sell the financed asset.
Does CarMax use Exeter?
By comparison, in the earlier days of the CarMax partnership — inked back in 2014 — that ratio reached as high as 35%. Exeter is one of seven companies — aside from captive CarMax Auto Finance — to provide financing to the dealership chain’s used-car buyers.
Is Exeter Good for finance?
A degree in accounting and finance from the University of Exeter is recognised worldwide as an academically rigorous, industry standard degree, offering you entry into a range of roles and organisations.
How many customers does Exeter Finance have?
one million consumers
We have helped more than one million consumers purchase the cars they want by providing the financing solutions they need.
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 Exeter deprived?
Exeter has higher levels of urban deprivation than both Devon and the South West as you would expect. The trend in deprivation over time follows the South West and England rate and shows an increase in deprivation in terms of income and employment following the economic downturn in recent years.
How long has Exeter Finance been in business?
Exeter Finance LLC, a non-prime auto finance company, announced it has provided financing to one million customers since it was founded in 2006.
Did Mark Zuckerberg go to Phillips Exeter Academy?
An earlier inspiration for Facebook may have come from Phillips Exeter Academy, the prep school from which Zuckerberg graduated in 2002.
What is Exeter famous for?
Norman Cathedral
What is Exeter known for? Exeter is the capital city of the county of Devon and is most famous for its Norman Cathedral which is constructed in the Gothic style and its beautiful canal, which leads out to the sea. Exeter is also very famous for its rich history, which dates back to before the Romans.
Why did Exeter get bombed?
Exeter was bombed on the 3-4 May 1942. It was one of a number of cities targeted by Hitler in revenge for Air Marshal Harris’ bombing campaign against German cities in 1942. These raids targeted major tourist towns chosen from a Baedeker travel guide and are known as the Baedeker raids.
Who is the largest employer in Exeter?
City’s major employers will be taking part in Exeter’s largest…
- Royal Devon University Hospital NHS Foundation Trust.
- Courtyard by Marriott.
- McDonald’s.
- Crealy Theme Park and Resort.
- University of Exeter.
- Lidl GB.
- Exeter City Council.
- Stagecoach.
What famous people were born in Exeter?
Born since 1950
- Clare Morrall (born 1952), novelist.
- John Scott (born 1954), England rugby union international.
- Beth Gibbons (born 1965), singer with Portishead.
- Ben Nealon (born 1966), actor.
- Toby Buckland (born 1969), gardener, TV presenter and author.
- Michael Caines (born 1969), chef and restaurateur.
What house is JK Rowling sorted into?
Gryffindor
And, naturally, J.K. Rowling herself is a Gryffindor.
Rowling revealed her house during a livestream in 2012. “I’m now on Pottermore as a regular user.