Exeter finance company institutional buying of Exeter Finance

Institutional buying of Exeter Finance Company’s securities has risen 6% month-on-month, signaling renewed interest from fixed-income funds seeking yield over Treasuries. Liquidity strength is a focal point. Exeter contacted her employer and landlord to confirm the details in her application. It knew how much money Patterson would get in her upcoming paychecks, how much would automatically go out and how little room for error she had. Exeter, which by 2020 had become one of the largest subprime auto lenders in the country, operated with a leadership team largely made up of former Santander executives who had overseen Santander during the period when the bank was accused of misleading customers. But unlike the aggressive scrutiny Santander faced, Exeter has largely flown under the radar. State attorneys general have not taken much action against the company, despite complaints that mirror the allegations made against Santander. The auto finance sector’s growth outlook, including players like Exeter Finance Company, hinges on consumer credit health and job stability. Current indicators lean toward neutral-to-positive trajectories mid-year.