Consumer complaint received 2023-09-13
Company: Exeter Finance Corp.
State: TX
Product: Vehicle loan or lease
Sub-product: Loan
Issue: Managing the loan or lease
Sub-issue: Problem with additional products or services purchased with the loan

Complaint:
Starts off me receiving two different contracts for a vehicle at dealership ( XXXX XXXX XXXX. I had possession of the vehicle XX/XX/XXXX. XX/XX/XXXXXXXX  XXXX XXXX XXXX called stating information relating to contract was in correct advise me to come in redo the contract. On XX/XX/XXXX XXXX XXXX XXXX called stating that they shredded the contract advise me to come in redo the contract for the 3rd time I declined. Also on XX/XX/XXXX One of the contracts that was between me and XXXX XXXX XXXX was transfer and assigned my info to Exeter Finance LLC without my consent. Second with me knowing contract law I kno that if you owe a debt to someone a contract must be created between the parties abiding by the truth and lending act in which was violated due to identity theft as well as fraud. Also, Ive reached out more than three times with all info stating I am sole lien holder over the property and also rescinding the security interests connected with the principal. I also sent registered securities to the trustee and indenture trustee at Exeter finance LLC on how to properly handle my securities. i have recently found out that these detachable coupons of this statement that you sent me as a bill, are a way of payment. I've noticed that you send me these statements with the coupons on them you're redeeming the coupon/bond, you all are double dipping and getting paid twice, I've noticed you're doing this, but I am willing to overlook this crime ; Enclosed you will find the coupon, on the back I've indorsed it with the beneficiary signature in acceptance for payment. The company has been noncompliance. EXTINGUISHMENT OF OBLIGATION CHAPTER 4 Article 1256. " If the creditor to whom the lender of payment has been made refuses, the debtor shall be released from responsibility by the consignation of the thing or stan ''. 
Transparency regarding the process of the consumer credit application being the financial asset ( 12 CFR 360.6 ( 2 ) ) ; As well as self-liquidating paper ( 17 CFR 260.11b ( 6 ) ). 
I have reason to believe that Dealership Name willingly and knowingly took advantage of me and my consumer credit I am NOT terminating or canceling this contract, I am deducting my liability to pay on behalf of the obligor, as I have found several violations and fraud. Notice that Pursuant to 15 U.S. 
Code {$1600.00} ( b ) : upon receipt of this rescission, I am not liable for any finance charge or other charge. Any security interest given by the obligor, including any such interest arising by operation of law, becomes void upon such a rescission In addition, I was given false and deceptive information 11 U.S. Code 362 - Automatic stay 11 U.S. Code 524 - Effect of discharge UCC 1-308 - Performance or Acceptance Under Reservation of Rights 31 U.S. Code 3123 - Payment of obligations and interest on the public debt UCC 3-104 - NEGOTIABLE INSTRUMENT The Emergency Banking Act of 1933 was a bill passed in the midst of the Great Depression that took steps to stabilize and restore confidence in the U.S. banking system.

Company response to consumer: Closed with explanation