MARINER FINANCE LOAN STATUS HOW TO

It would be completely understandable to panic at this time but don 't. If they take this drastic action against you, it will be a matter of time before you are served with a summons. However, if the balance is sufficient enough, Mariner Finance will decide to take legal action. Sure, they can outsource the account to a collection agency, continue to work it in house or close it and throw it on the pile of their unpaid accounts.

If the balance is small, they can charge off the account. The main factor in the decision they take will be the balance on the account. You see, if a consumer stops paying, then Mariner has to decide how they are going to get paid. The next option for Mariner occurs when the customer stops payments altogether. This also is the protocol if the payments aren 't exactly timely but the consumer is communicating with them and making fairly regular payments.

If the loan is being paid timely, the choice by Mariner will be to keep working the account with their in house collection staff. What Happens if You Don 't Pay Mariner Finance?Īs the loan originator, Mariner Finance has two choices to make if you have an account with them.

Gathering information on Mariner can only help in your defense to fight this lawsuit. Mariner had to pay a $1.5 million settlement in that suit. Mariner Finance has not only had its share of complaints, but they have also had a class-action suit filed against them. So, complaints become a fairly regular occurrence for some in the business of collecting debt. Local, state, and federal agencies hold debt collectors, collection agencies, collection law firms, and finance companies accountable for every phone call, letter and text they may send. They may even be sued themselves if their actions are severe enough.ĭebt collection is a well-regulated industry. Any finance company that has been in business for some time will generate complaints. In addition to the mortgages and loans described above, Mariner Finance also is involved in the payday loan industry. With that large number of offices, virtually anyone in the country that has done business with Mariner is susceptible to be named in a suit if their loan is behind or in default. The headquarters is located in Nottingham, Maryland but Mariner Finance has close to 500 branch offices nationwide. Providing personal loans, automobile loans, and even mortgages are the bulk of Mariner Finance 's business. Gathering this information on Mariner Finance will be a priority. The best place to start is to find out everything you can about Mariner Finance. You can choose to do nothing, but taking action will provide you with the real possibilities of a better outcome.

MARINER FINANCE LOAN STATUS HOW TO

Now that you are prepared to take decisive action, where do you begin? You will begin to develop your legal strategy on how to defend yourself in this lawsuit. Every jurisdiction has different time requirements but they all provide only a limited amount of time for you to protect your rights. You have to know that you have legal rights in this situation. What is the right thing to do, you ask? Take action. Sure, easy from the outside looking in to say this but worrying or exhibiting immobilizing fear in this situation is absolutely the wrong thing for you to do. If you find yourself holding a legal summons because Mariner Finance is suing you, don 't worry. Use SoloSuit to respond in 15 minutes and win your lawsuit. Summary: Sued for a debt by Mariner Finance? This guide is for you.

Mariner finance loan status