First Investors is a debt collector and we are attempting to collect a debt and any information obtained will be used for that purpose.
EQUAL CREDIT OPPORTUNITY NOTICE:
It is the policy of First Investors Servicing Corporation to comply with all applicable local, state and federal fair
lending and anti-discrimination laws and regulations, including, but not limited to, the Equal Credit Opportunity Act and the
Fair Credit Reporting Act. Please be advised of the following: The federal Equal Credit Opportunity Act prohibits creditors from
discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status,
age (provided the applicant has the capacity to enter into a binding contract); because all or part of the applicant's
income derives from any public assistance program; or because the applicant has in good faith exercised any right under the
Consumer Credit Protection Act. The federal agency that administers compliance with this law concerning this creditor is
Federal Trade Commission, Equal Credit Opportunity, Washington, DC 20580.
We may report information about your account to credit bureaus. Late payments, missed payments, or other defaults on your
account may be reflected in your credit report.
Complaints, disputes or concerns about your account, including information in your credit report that has been furnished to
a consumer reporting agency for your account or to limit our payment reminder contacts or to notify us of a contact preference,
may be submitted to us at the following address:
- First Investors Servicing Corporation
- Attn: Compliance Department
- 3065 Akers Mill Rd SE, Suite 700
- Atlanta, Georgia 30339
- E-Mail: firstname.lastname@example.org
NOTICE TO SERVICE MEMBERS:
SCRA interest rate reduction requests and active duty orders may also be submitted to the Compliance Department as indicated above.
Also, since our policy goes beyond what is required by the SCRA, please notify us of all deployments or new active duty orders to
see if you qualify based on our company policy (e.g., deployed outside the USA and all National Guard orders – See FAQs).
Inbound and outbound calls may be recorded or monitored. If you do not want to be recorded, please let us know during the telephone call.
*TELEPHONE NUMBER NOTICE:
If you have provided or provide a telephone number (wireless or landline) as a contact number, we may use that number to service your account,
including sending text messages, calling using an automated dialer, or calling using an artificial voice or a pre-recorded message.
If you do not wish to receive such calls, we ask that you please notify the Compliance Department as indicated above although you may
choose another method of notification.
IMPORTANT INFORMATION ABOUT PAYMENTS:
When making your payments please be aware of the following:
Payments are required to be made by the due date listed in your contract and payments are considered past due if not received
by the due date, even if your contract contains a “grace period.” If your contract permits a late fee, a “grace period” only
pertains to when a late fee will be assessed. Please refer to your contract to see if your account has a late fee provision and
a “grace period.”
For simple interest contracts, a portion of your monthly payment is applied towards the amount of the obligation – the principal
– and a portion of the payment is applied towards paying the finance charge – the interest. A greater percentage of your monthly
payment is applied to interest early in the life of the contract, and a greater percentage is applied to the principal at the end.
Thus, the principal balance decreases slowly at first and more quickly closer to the end of the loan term. A portion of your payment
may also be applied to late fees that have accrued. To learn how and in what order your payments are applied, please contact the
Compliance Department as indicated above
Since interest charges will accrue daily on past due amounts for simple interest contracts, the actual amount of finance charge
and the actual amount of your final payment will depend on your payment record.
If you make every payment on the due date,
you will pay off the contract in the time frame described in the contract.
However, if you make late payments, you will pay more
finance charge (e.g., interest) and you will have a balance remaining after your final scheduled payment.
If you make payments before the due date, you will pay less finance charge.
Payment extension(s) will result in a longer repayment period than originally scheduled. A payment extension(s) will result in
more interest accruing on your account and a higher principal balance than if payments were made as originally scheduled in your
Interest will continue to accrue during the extension period and your payment(s) immediately following the
extension period will be disproportionately allocated to the unpaid interest if not all to unpaid interest.
If you pay ahead, the most we will move your next due date is 3 months regardless of the amount paid. Any amount in
excess of the interest due (and applicable fees that are due and payable, if any) will be applied to principal.
If you pay ahead and a payment is not due this month, be aware that interest is still accruing.
If you would like to pay the interest, you should still make a payment. You may call us to find out how much interest has accrued.
If a payment is returned due to insufficient funds or uncollected funds, First Investors may choose to resubmit the payment a second
time if the payment is eligible for resubmission. Resubmission may occur up to 7 days after the original payment date.
By sending us a check for payment, you authorize us to use information from your check to make a one-time electronic fund transfer from your
account. In certain circumstances, such as for technical or processing reasons, we may process your payment as a check transaction.
When we use information from your check to make an
electronic fund transfer
, funds may be withdrawn from your
as soon as the same day we receive your payment, and you will not receive your check back from your bank.
FIRST INVESTORS SERVICING CORPORATION IS A DEBT COLLECTOR. WE ARE ATTEMPTING TO COLLECT A DEBT AND ANY INFORMATION OBTAINED WILL BE USED
FOR THAT PURPOSE.
If you are entitled to the protections of the United States Bankruptcy Code regarding the subject matter of this letter, the following
applies to you:
THIS COMMUNICATION IS NOT AN ATTEMPT TO COLLECT, ASSESS, OR RECOVER A CLAIM IN VIOLATION OF THE BANKRUPTCY CODE AND IS FOR INFORMATIONAL
If you would like for us to stop sending monthly statements, please contact us at 800-538-1579
or write to the Compliance Department as indicated above and we will comply with your request.
For California Residents:
As required by law: You are hereby notified that a negative credit report reflecting on your credit record may be submitted
to a credit reporting agency if you fail to fulfill the terms of your credit obligations. The state Rosenthal Fair Debt Collection
Practices Act and the federal Fair Debt Collection Practices Act require that, except under unusual circumstances, collectors may
not contact you before 8 a.m. or after 9 p.m. They may not harass you by using threats of violence or arrest or by using obscene
language. Collectors may not use false or misleading statements or call you at work if they know or have reason to know that you
may not receive personal calls at work. For the most part, collectors may not tell another person, other than your attorney or
spouse, about your debt. Collectors may contact another person to confirm your location or enforce a judgment. For more information
about debt collection activities, you may contact the Federal Trade Commission at 1-877-FTC-HELP or www.ftc.gov. Nonprofit credit
counseling services may be available in the area. As required by law, you are hereby notified that a negative credit report reflecting
on your credit record may be submitted to a credit reporting agency if you fail to fulfill the terms of your credit obligations.
For Colorado Residents:
A Consumer has the right to request in writing that a debt collector or collection agency cease further communication with consumer.
A written request to cease communication will not prohibit the debt collector or collection agency from taking any other action
authorized by the law to collect the debt. FOR INFORMATION ABOUT THE COLORADO FAIR DEBT COLLECTION PRACTICES ACT SEE –
Our in state office located as follows: Colorado Manager, Inc., 8690 Wolff Court, Suite 110, Westminster, CO 80031,
Phone # 303-920-4763
For Maine Residents:
The telephone number and hours of availability for First Investors Servicing Corporation are as follows:
, Monday-Thursday, 8:00 am until 9:00 pm ET and Friday 8:00 am - 7:00 pm ET
For Massachusetts Residents:
NOTICE OF IMPORTANT RIGHTS - YOU HAVE THE RIGHT TO MAKE A WRITTEN OR ORAL REQUEST THAT TELEPHONE CALLS REGARDING YOUR DEBT NOT BE MADE
TO YOU AT YOUR PLACE OF EMPLOYMENT. ANY SUCH ORAL REQUEST WILL BE VALID FOR ONLY TEN DAYS UNLESS YOU PROVIDE WRITTEN CONFIRMATION OF
THE REQUEST POSTMARKED OR DELIVERED WITHIN SEVEN DAYS OF SUCH REQUEST. YOU MAY TERMINATE THIS REQUEST BY WRITING TO THE CREDITOR.
The telephone number and hours of availability for First Investors Servicing Corporation are as follows:
, Monday-Thursday, 8:00 am until 9:00 pm ET and Friday 8:00 am - 7:00 pm ET.
For Minnesota Residents:
This collection agency is licensed by the Minnesota Department of Commerce.
For New York Residents:
Debt collectors, in accordance with the Fair Debt Collection Practices Act, 15 U.S.C. § 1692 et seq.,
are prohibited from engaging in abusive, deceptive, and unfair debt collection efforts, including but not limited to:
a) the use or threat of violence, b) the use of obscene or profane language; and
c) repeated phone calls made with the intent to annoy, abuse, or harass. If a creditor or debt collector receives a money
judgment against you in court, state and federal laws may prevent the following types of income from being taken to pay the
debt: 1) Supplemental Security Income (SSI); 2) Social Security; 3) public assistance (welfare); 4) spousal support,
maintenance (alimony) or child support; 5) unemployment benefits; 6) disability benefits; 7) workers’ compensation benefits;
8) public or private pensions; 9) veterans’ benefits; 10) Federal student loans, federal student grants, and federal work
study funds; and 11) ninety percent of your wages or salary earned in the last sixty days.
For New York City Residents:
This Collection Agency is licensed by the New York City Dept. of Consumer Affairs License # 1337363.
The New York City Department of Consumer Affairs (NYC DCA) requires us to document your preferred language.
Please provide us with your language preference. Please note we do not offer language access services.
We do have associates fluent in English and Spanish. The NYC DCA provides a translation and description
of commonly-used debt collection terms in multiple languages on its website:
For North Carolina Residents:
This Collection Agency is licensed by the North Carolina Dept of Insurance Permit # 103771.
For Tennessee Residents:
This collection agency is licensed by the Collection Service Board of The Department of Commerce and Insurance,
James Robertson Parkway, Nashville, Tennessee 37243.
For Texas Residents:
We are licensed and examined under the laws of the State of Texas and by state law are subject to regulatory
oversight by the Office of Consumer Credit Commissioner. If you wish to file a complaint against First Investors
Servicing Corporation, you should contact the Office of Consumer Credit Commissioner at 2601 North Lamar Boulevard,
Austin, Texas, 78705-4207 or by telephone at 800-538-1579
For Utah Residents:
As required by Utah law, you are hereby notified that a negative credit report reflecting on your credit record may
be submitted to a credit-reporting agency if you fail to fulfill the terms of your credit obligations.
For West Virginia Residents:
The activities of collection agencies in West Virginia are regulated by the Attorney General’s Consumer Protection Division,
812 Quarrier St., Charleston, WV 25301. Federal law prohibits agencies from contacting you about your debt if you send a
letter requesting that all contacts stop.
First Investors Servicing Corporation operates as a loan servicing company pursuant to a license or exemption from licensing in
jurisdictions where it conducts business. The following licenses are held by First Investors Servicing Corporation:
- Arizona: Collection Agency License # 0903414
- Arkansas: Collection Agency License # 4052
- City of Buffalo, NY: Collection Agency License # 553962
- City of Chicago, IL: Debt Collector License # 2270125
- City of Yonkers, NY: Debt Collection Agency License # 9340
- Colorado: Collection Agency License # 990320 and Supervised Lender License # 989477
- Connecticut: Collection Agency License # 25025
- Florida: Collection Agency License # CCA9901580 and Sales Finance Company License # SF0900363
- Hawaii: Collection Agency License # COLAX 516
- Idaho: Idaho Regulated Lender License # RRL-7459 and Collection Agency License # CCA 7987
- Illinois: Collection Agency License # 017.021267
- Indiana: Collection Agency License
- Kansas: Supervised Lender Licensee # SL.0026537
- Maine: Registered Loan Servicer License # SVR9193; Debt Collection Agency License # DCL11700
- Maryland: Collection Agency License # 5203 and Sales Finance License # 1352
- Massachusetts: Loan Servicer Registration # LS219045
- Michigan: Sales Finance License # SF-0016284 (effective date 05/20/2008). First Investors Servicing Corporation is licensed by the Department of Insurance and Financial Services in Michigan.
- Minnesota: Collection Agency License # 40152040
- Mississippi: Motor Vehicle Sales Finance License # 117/2010
- Montana: Consumer Loan License #219045
- Nebraska: Installment Sales Company License # NE219045-ISL
- Nevada: Certificate of Registration as a Foreign Collection Agency # FCA10231
- New Mexico: Collection Agency License #01157
- New York City: Collection Agency License # 1337363
- North Carolina: Collection Agency Permit # 103771
- North Dakota: Collection Agency License # CA102021
- Oregon: Collection Agency Registration No. CA49633
- Pennsylvania: Collector-Repossessor License # 41146. Consumer Discount Company License # 41596
- Rhode Island: Debt Collector Registration # 20102670DC and Third Party Loan Servicer License
South Carolina: Supervised Lender License # S-6, 848
(click here to view license)
- South Dakota: Money Lender License # MYL.2966
- Tennessee: Collection Service Agency License # 1032
- Texas: Third-party Debt Collector Bond # 20BSBFH3055 and Regulated Loan License # 6958-50390
- Utah: Certificate of Registration as a Foreign Collection Agency # 1356412-0131
Washington: Collection Agency License # 601632023 / The NMLS Identifier # for First Investors Financial Services, Inc. is NMLS-128351 and the consumer access
link may be accessed at the following web site:
- West Virginia: Business Registration Account # 2218-3498
- Wyoming: Collection Agency License # 634
TERMS AND CONDITIONS:
Loan approval is not guaranteed and subject to state law and satisfaction of underwriting requirements.
Not available in all states. APR means annual percentage rate. Minimum APR offered is 8.25% (subject to change). You must refinance the full payoff amount
of your existing contract subject to our minimum loan amount of $8,000 (higher in some states) and our maximum loan amount of $40,000.00.
We do not offer cash-back refinancing. The vehicle that you are refinancing must not be older than 8 years and must be an eligible make
and model without excessive mileage. Ineligible collateral includes, but is not limited to, discontinued makes and models, one ton trucks,
business use vehicles, salvage or reconditioned titles or vehicles subject to a second lien. All loans are fixed, simple interest loans.
We do not refinance existing loans that are serviced by First Investors Servicing Corporation. If approved, lower monthly payment may
result from a lower interest rate, a longer term or both. Remaining term may be extended for an even lower monthly
payment; however, if you choose to increase the term, the overall cost of your new loan may be higher than without refinancing
(i.e., more interest and extra payments). You may also be able to extend your first payment; however extending your first payment
beyond 30 days will result in more interest paid. First payment may not be extended beyond 30 days in IL, MD or NJ.
Depending on your state of residence, a loan origination fee may apply if approved and funded. Title filing fees apply
if approved and funded. Notary fee may be required. Savings claims based on monthly payment savings alone as compared to existing loan.
Shortening the term or purchasing a voluntary debt cancellation waiver will reduce monthly payment reduction and increasing the term for
greater monthly savings will result in more interest paid. Voluntary debt cancellation waiver is not available in all states. A general
refinance example is: Original loan of $23,000 (current balance $20,563), 16.65%, 60 of 72 months remaining, payments of $507/month
refinanced at $20,712 (fees included), 14.15%/14.18% APR, 60 month term, payments of $484/month. Your terms and monthly savings may be
different. If you received a pre-screened firm offer of credit, please refer to your mailer for terms and conditions
of your firm offer.
By opting in to receive text messages, you will receive account notifications. Message and data rates may apply. You may opt out at any
time by texting stop to 55185 or 78861. By sending stop to 55185 or 78861, you agree to one additional confirmation message stating that
you’ve opted out and will no longer receive messages from First Investors Financial Services, INC. To get help, text HELP to 55185 or 78861.
Get additional support or help by sending an email to email@example.com.
PARTICIPATING WIRELESS CARRIERS: ALLtel AWCC, AT&T, Boost Mobile, Cellular One, Metro PCS, Sprint, T-Mobile, U.S. Cellular ®, Verizon Wireless,
Virgin Mobile USA and additional carriers where available. T-Mobile is not liable for any delayed or undelivered messages.
Messages may be delayed or not delivered due to factors outside of the carrier’s control.
A consumer report may be ordered on you in connection with your application for credit. If you ask, we will tell you whether or not
one was ordered and if one was, the name and address of the consumer reporting agency that provided it. Subsequent consumer reports
may be requested or used in connection with an update, renewal or extension of the credit applied for without further notice to you.
MONTHLY SAVINGS/ADDITIONAL INTEREST FOR LONGER TERMS AND EXTENDED FIRST PAYMENTS/SIMPLE INTEREST CONTRACTS:
Savings claims based on monthly payment savings alone. If approved, lower monthly payment may result from a lower interest rate,
a longer term or both. Remaining term may be extended for additional monthly savings; however, extending the term
or the first payment beyond 30 days will increase the total interest paid. Shortening the term or purchasing a voluntary
debt cancellation waiver will reduce monthly payment reduction and increasing the term for greater monthly savings will result in more
A reduced monthly payment does not mean that you will pay less overall with a new loan.
If you choose to extend the new term from your remaining term for more monthly savings, you will pay
more in interest and have more monthly payments which will impact any savings from a reduced monthly payment.
Your contract will be a simple interest contract, if approved. With a simple interest contract, finance charges (e.g., interest)
are calculated based on the unpaid principal balance of the contract. As each payment is made, the payment amount is applied toward
the finance charges that have accrued since the last payment was received. The remaining portion of the payment is applied in accordance
with the terms of your contract. The timing of your payments will vary the finance charges you owe.
Since finance charges will accrue daily for simple interest contracts, the actual amount of finance charge
and the actual amount of your final payment will depend on your payment record.
If you make every payment on the due date, you will pay off the contract in the time frame and amount described in your contract.
If you make your payments before the due date, you will pay less in finance charges. The later you make your payments after
they are due, you will pay more in finance charges. This illustrates the importance of making payments on time.
LOAN ORIGINATION FEES:
Title filing/lien transfer fees apply. Notary fee may be required.
Depending on your state of residence, a loan origination fee may apply.
RELAX FOR A MONTH:
Refers to the fact that the first monthly payment on your new auto loan will be due 30 to 45 days after the contract date
(not the funding date), and the contract date will be 0 to 30 days after the most recent monthly due date of your existing loan.
The actual number of days you will not have a scheduled monthly payment due will vary depending on the terms of your existing loan,
your payments on the existing loan, and applicable state law. Interest will accrue on your existing loan until it is paid in full and
interest will accrue on your new loan beginning on the date the loan is funded. Extending the first payment from 30 to 45 days will
result in additional interest being paid. First payment may not be extended beyond 30 days in IL, MD or NJ. In states where first
payment may be extended beyond 30 days, please let us know if you do not want to extend the first payment. Until your loan is approved
and funded, it is important that you continue to timely make scheduled payments on your existing loan.
If you are a service member on active duty, prior to seeking a refinance of your existing contract, please consult with your legal
advisor regarding the loss of any benefits you are entitled to under the Servicemembers Civil Relief Act or applicable state law.
As of October 3, 2016, First Investors is prohibited from refinancing Military Lending Act covered applicants and approval is subject
to MLA search results.
EQUAL CREDIT OPPORTUNITY:
The federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color,
religion, national origin, sex, marital status, age (provided the applicant has the capacity to enter into a binding contract); because
all or part of the applicant's income derives from any public assistance program; or because the applicant has in good faith exercised
any right under the Consumer Credit Protection Act. The federal agency that administers compliance with this law concerning this creditor
is Federal Trade Commission, Equal Credit Opportunity, Washington, DC 20580.
Alimony, child support, or separate maintenance income need not be revealed if you do not choose to have it considered as a
basis for repaying this obligation. If married, you may apply for a separate account.
Loans will be made pursuant to a California Department of Business Oversight Finance Lenders License. If married,
you may apply for a separate account.
Each licensee shall maintain itemizations of the current charges that the licensee uses in consumer transactions.
The itemization shall identify all charges that the licensee may collect from its customers for a particular type of
transaction. We only originate closed end loans secured by motor vehicle collateral and the following charges may be
assessed as of 6/24/2020:
Interest. Our interest rates range from 8.25% to 24.95% APR and are based on creditworthiness.
Title filing/lien transfer fee. The fee is $55.
Late or delinquency charges. We assess 5% of the installment payment or portion thereof in default. There is a 10 day grace period.
We may assess attorney fees incurred by us as a result of a default by the borrower.
We may assess court, alternative dispute resolution, or other collection costs (including collection agency fees)
incurred by us as a result of a default by the borrower.
We may assess the reasonable expenses of retaking, holding, preparing for disposition, processing and disposing,
and, to the extent provided for by agreement and not prohibited by law, reasonable attorney fees and legal expenses
incurred by us.
We assess a returned check charge and charge for the denial of electronic account debits limited to the amount
specified in our agreement with you. You may only be assessed one such charge per item. Our fee is $40 fee per item.
The insurance laws of this state provide that the lender may not require the applicant to take insurance through any particular
insurance agent or company to protect the mortgaged property. The applicant, subject to the rules adopted by the Insurance Commissioner,
has the right to have the insurance placed with an insurance agent or company of this choice, provided the company meets the
requirements of the lender. The lender has the right to designate reasonable financial requirements as to the company and the adequacy of
You must have physical damage insurance covering loss or damage 1.0 the vehicle for the term of any loan. You may buy this insurance
from anyone you choose. You do not have to buy it from someone affiliated with the lender. Your choice of insurance will not affect
the credit approval process unless the insurance does not satisfy the contract requirements or the insurance company does not
satisfy the reasonable standards of the dealer or an assignee of the contract.
New Hampshire Residents:
If this is an application for a balloon contract, you are entitled to receive, upon request, a written estimate of the monthly payment
amount that would be required to refinance the balloon payment at the time such payment is due based on your current refinancing programs.
A balloon contract is an installment sale contract with a final scheduled payment that is at least twice the amount of one of the earlier
scheduled equal periodic installment payments.
New York Residents:
A consumer report may be ordered on you in connection with your application for credit. If you ask, we will tell you whether or
not one was ordered and if one was, the name and address of the consumer reporting agency that provided it. Subsequent consumer
reports may be requested or used in connection with an update, renewal or extension of the credit applied for without further
notice to you.
NY Gen Bus. Law § 380
The Ohio laws against discrimination require that all creditors make credit equally available to all credit worthy customers,
and that credit reporting agencies maintain separate credit histories on each individual upon request. The Ohio civil rights
commission administers compliance with this law.
Rhode Island Residents:
TConsumer reports may be requested in connection with this application. Buyer has the right of free choice in selecting an
insurer to provide insurance required in connection with this transaction subject to our reasonable approval in accordance
with applicable law.
South Carolina Residents:
Consumers: All supervised and restricted creditors making consumer loans in South Carolina are required by law to post a
schedule showing the maximum rate of LOAN FINANCE CHARGES stated as ANNUAL PERCENTAGE RATES that the creditor intends to charge
for various types of consumer credit transactions. The purpose of this requirement is to assist you in comparing the maximum rates
that creditors charge, thereby furthering your understanding of the terms of consumer credit transactions and helping you to avoid
the uninformed use of credit.
Secured personal loans other than those secured by real estate:
The maximum APR that First Investors Financial Services, Inc. shall charge in South Carolina is 18% APR.
NOTE: Creditors are prohibited only from granting consumer credit at rates higher than those specified above. A creditor may be
willing to grant you credit at rates that are lower than those specified, depending on the amount, terms, collateral and your
Please click this link
for the South Carolina Consumer Loans Rights and Responsibilities Pamphlet.
First Investors Financial Services, Inc. is licensed and examined under the laws of the State of Texas and by state
law are subject to regulatory oversight by the Office of Consumer Credit Commissioner. Any consumer wishing to file
a complaint against First Investors Financial Services, Inc. should contact the Office of Consumer Credit Commissioner
through one of the means indicated below: In Person or U.S. Mail: 2601 North Lamar Boulevard, Austin, Texas 78705-4207.
Telephone No.: (800) 538-1579
. Fax No.: (512) 936-7610.
Residentes de Texas:
First Investors Financial Services, Inc es una compañía registrada y sujeto a examinación bajo las leyes del estado de
Texas y por ley estatal están bajo la supervisión de la Oficina del Comisionado de Crédito del Consumidor, Office of
Consumer Credit Commissioner. Cualquier consumidor que desee presentar una queja en contra de First Investors Financial
Services, Inc. debe comunicarse con la Oficina del Comisionado de Crédito del Consumidor a través de uno de los medios
indicados a continuación: Personalmente o por correo de los Estados Unidos: 2601 North Lamar Boulevard, Austin, Texas
Número de Teléfono: 1-800-538-1579
. Número de Fax: 1-512-936-7610.
Correo electrónico: firstname.lastname@example.org
Sitio de la Internet: www.occc.texas.gov
You authorize us and any financial service provider with whom this application is shared, to obtain credit reports to
evaluate your credit application. If your application is approved and credit is granted, you also authorize all parties
granting credit, holding and/or servicing your account, to obtain additional credit reports in connection with
your account, as permitted by law.
Wisconsin law provides that no provision of a marital property agreement, a unilateral statement under the marital property law,
or a court decree, will adversely affect a creditor’s interests unless the creditor, prior to the time the credit is granted, is
furnished with a copy of the agreement, statement or decree or has actual knowledge of the adverse provision. If you are making
this application individually and not jointly with your spouse, you understand that Wisconsin law requires that your spouse be
given notice of this credit obligation.
NOTICE OF NEGATIVE INFORMATION REPORTING:
If approved and funded, we may report information about your account to credit bureaus. Late payments, missed payments, or other
defaults on your account may be reflected in your credit report. Not all accounts are reported.
NOTICE CONCERNING CONDITIONAL APPROVALS:
Funding and final approval are subject to receipt of all completed loan documents, the satisfactory completion of the information
verification process and satisfaction of all underwriting requirements. All documents and verification information are subject to
final underwriting approval by lender at the time of funding. Until your existing loan is paid off, we recommend that you remain in
good standing with your existing creditor by making all scheduled payments.
OPTIONAL GUARANTEED AUTO PROTECTION (GAP):
We sell GAP/debt cancellation agreements in most states where we conduct business, but it is not available in all states.
The purchase of credit products, including GAP, is not required in order to obtain credit or to obtain credit with
favorable terms. GAP is optional and the purchase of GAP is voluntary and not required by First Investors Financial Services, Inc.
You may be able to obtain GAP from an alternative source and GAP is not a substitute for collision or property damage
insurance. If purchased, the product covers a deficiency balance resulting from a covered total loss or an unrecovered theft but will
not cover a deficiency balance resulting from a repossession or voluntary surrender. If you choose to purchase GAP from First Investors
Financial Services, Inc., it is important that you (i) read and understand all terms, conditions, exclusions and claim requirements; (ii)
understand how and when GAP may be cancelled; and (iii) how late payments and payment extensions impact its benefits (i.e., may not cover
the full deficiency). Please ask a representative if you have any questions about these matters.
Please be advised that existing credit-related products related to or purchased in connection with your existing contract may be
impacted by a refinance. GAP waivers and credit insurance are not transferable. You should review the terms and conditions of any
applicable products for more information.
First Investors Financial Services, Inc. operates pursuant to a license or an exemption from licensing in all applicable jurisdictions
(see our map) where we originate loans or take assignment of retail installment contracts. In states where a license is required, First
Investors Financial Services, Inc. is licensed or registered as follows:
- Alabama: Consumer Credit License # MC 21063
- Arizona: Sales Finance License # SF-0901616
- Arizona: Consumer Lender License # CL-0936715
- California: Finance Lender License # 603G919 - Loans made or arranged pursuant to a California Financing Law license
- Colorado: Supervised Lender License # 989448
- Connecticut: Sales Finance License # 6638
- Delaware: Licensed Lender License # 013012
- Delaware: Motor Vehicle Sales Finance License # 013013
- Florida: Sales Finance License # SF-0900381 (376994)
- Idaho: Regulated Lender License # RRL-9229
- Illinois: Consumer Installment Act License # CI 3721
- Indiana: Consumer Loan License # 10811
- Iowa: Nonresident Regulated Loan License # NRR 2012-0020
- Kansas: Supervised Lender License # SL 0000817
- Kentucky: Consumer Finance License # CL85987
- Louisiana: Sales Finance License # SF-2009-00933
- Maryland: Consumer Loan License # 1254 /li>
- Maryland: Sales Finance License # 2212
- Massachusetts: Motor Vehicle Sales Finance License # MV128351
Michigan: Regulatory Loan License # RL-0018173 (effective date 04/23/2012). First Investors Financial Services,
Inc. is licensed by the Department of Insurance and Financial Services in Michigan.
Michigan: Sales Finance License # SF-09887 (effective date 10/19/1994). First Investors Financial Services, Inc. is
licensed by the Department of Insurance and Financial Services in Michigan.
- Minnesota: Regulated Loan License # RL 170
- Mississippi: Motor Vehicle Sales Finance License # 190/2012
- Missouri: Consumer Installment Lender Certificate of Registration # 510-11-6193
- Missouri: Time Sales Act # 365-15-0631
- Montana: Consumer Loan License # 128351
- Montana: Sales Finance Company License # 128351
- Nebraska: Sales Finance Company License # 1297
- New Hampshire: Sales Finance Company License # 17486-SF
- New Jersey: Consumer Lender License # 9826229
- New Jersey: Sales Finance License # 9826229
- New Mexico: Sales Finance Company License # 00885
- Ohio: Mortgage Lenders Certificate License # SM-501524.000
- Oklahoma: Supervised Lender License # SL007800
- Oregon: Consumer Finance License # 0356-001-C
- Pennsylvania: Consumer Discount Company License # 38694
South Carolina: Supervised Lender License # S-6, 849
(click here to view license)
South Carolina: www.ezautoloan.com is licensed as Supervised Lender License # S-8, 323
(click here to view license)
South Carolina: www.fifsg.com is licensed as Supervised Lender License # S-8614
(click here to view license)
- South Dakota: Money Lender License # MYL.2965
- Tennessee: Industrial Loan and Thrift Certificate of Registration # 0000003653
- Texas: Regulated Lender License # 50391
- Utah: Consumer Credit Notification Filing
Washington: Consumer Loan License # CL-128351. The NMLS Identifier # for First Investors Financial Services,
Inc. is NMLS-128351 and the consumer access link may be accessed at the following web site:
- West Virginia: Business Registration # 2257-01
- Wisconsin: Sales Finance License # 499