![]() ![]() You should ask them how they would like you to make payments to them. So that means that even though American Car Center has closed, the obligation to pay continues, but you’ve got to be sure you’re paying to the right place.” “The contract should be between the purchaser and whatever the finance entity is. These are not free vehicles the debt didn’t go away because the business went away,” Ettinghoff said. “Somebody holds that debt, and if the debt’s not paid, the vehicle in all likelihood, the vehicle will be repossessed. If that doesn’t work, Cindy Ettingoff, the CEO and general counsel for Memphis Area Legal Services, says American Car Center customers need to look at their contract and find the finance entity - that’s who needs to get the payments - and get in contact with that company. Tuesday, the building off Covington Pike was empty and locked, and customers outside were confused. From the locations page, you will find the managers name, branch address, directions, business hours, and the branch phone number. 24, resulting in 288 employees losing jobs, according to information sent to the state Department of Labor. Whatever your dreams or needs are, Honda Financial Services is happy to offer a 500 savings on a new vehicle for qualified recent college grads. A Memphis used auto dealer closed suddenly, leaving customers who still owe car notes wondering what’s next.Īmerican Car Center, which has two Memphis locations, closed Feb. Life after college is full of new opportunities and new expenses, so some extra money could go a long way. Once the purchase of the book of business is complete, Westlake Financial Services will reach out to each individual purchaser to advise of next steps. ![]() It is the Commission’s understanding that all loans made through American Car Center’s Subsidiary, American Finance, are in the process of being purchased by Westlake Financial Services. The state Motor Vehicle Commission sent a memo with this statement: UPDATE: The state has updated its website with frequently asked questions about the American Car Center closure and what customers should and should not do (they do not recommend stopping your payments.) See their information here. ![]()
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