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rs; :; \i .\ · CIVIL COVER SHEET 5; 11--((;-
The c1v1 covers L : ation contained herein .neither replace nor supplei_nent the tHing and service of pleadini;s or other papers as requued by~c~ provided by local rules of court. This form, approved by the Judicial Conference of the Umted States m September 1974, 1s reqmred for the use of the Clerk of Court for the purpose of initiating the civil docket sheet. (SEE INSTRUCTIONS ON NEXT PAGE OF THIS FORM)
I. (a) PLAINTIFFS SEE ATTACHED SHEET
(b) County of Residence of First Listed Plaintiff
(EXCEPT IN U.S. PLAINTIFF CASES)
( C) Attorneys (Firm Name, Address, a11d Telepho11e Number)
II. BASIS OF JURISD
0 I U.S. Government
Plaintiff
0 2 U.S. Government Defendant
IV NATURE OF SUIT
lace an "X" in One Box 011ly)
0 4 Diversity (Indicate Citizenship of Parties in Item III)
(Place an "X" in 011e Box Only) I .. ·CONTRAGT ' ;, · ,:;;;;~;,:• .::::. . •..... 0 110 Insurance PERSONAL INJURY PERSONAi!: INJURY 0 120 Marine 0 310 Airplane 0 365 Personal Injury -0 130 Miller Act 0 315 Airplane Product Product Liability 0 140 Negotiable Instrument Liability 0 367 Health Care/ 0 150 Recovery of Overpayment 0 320 Assault, Libel & Phammceutical
& Enforcement of Judgment Slander Personal Injury 0 151 Medicare Act 0 330 Federal Employers' Product Liabilily 0 152 Recovery of Defaulted Liability 0 368 Asbestos Personal
Student Loans 0 340 Marine Injury Product (Excludes Veterans) 0 345 Marine Product Liability
0 153 Recovery of Overpayment Liability PERSONAi!: PROPERTY of Veteran's Benefits 0 350 Motor Vehicle 0 3 70 Other Fraud
0 160 Stockholders' Suits 0 355 Motor Vehicle 0 3 71 Truth in Lending 0 190 Other Contract Product Liability 0 380 Other Personal 0 195 Contract Product Liability 0 360 Other Personal Property Damage 0 196 Franchise Injury 0 385 Property Damage
0 362 Personal Injury - Product Liability Medical Malpractice
I 'REAV:PR0PER'F·Y c:i.• · ... TGIVl£\RJ6HTS1""" "s' &PRISONERcP.ETITIONS "Ti 0 210 Land Condemnation 0 440 Other Civil Rights Habeas Corpus: 0 220 Foreclosure 0 441 Voting 0 463 Alien Detainee 0 230 Rent Lease & Ejectment 0 442 Employment 0 510 Motions to Vacate 0 240 Torts to Land 0 443 Housing/ Sentence 0 245 Tort Product Liability Accommodations 0 530 General 0 290 All Other Real Property 0 445 Amer. w/Disabilities - 0 535 Death Penalty
Employment Other: 0 446 Amer. w/Disabilities - 0 540 Mandamus & Other
Other 0 550 Civil Rights 0 448 Education 0 555 Prison Condition
0 560 Civil Detainee -
("\ Conditions of Confinement
( V~GIN I""""" "X" ;, o~ '"" o•y) ]:i( I riginal 0 2 Removed from 0 3 Remanded from 04
roceeding State Court Appellate Court
DEFENDANTS SEE ATTACHED SHEET
County of Residence of First Listed Defendant
(JN U.S. PLAINTIFF CASES ONLY)
NOTE: IN LAND CONDEMNATION CASES, USE THE LOCATION OF THE TRACT OF LAND INVOLVED.
Attorneys (If Known)
Citizen of This State
Citizen of Another State
CIP AL PARTIES (Place a11 "X" in One Box for Plaintiff and 011e Box for Defendant)
DEF
0 Incorporated or Principal Place of Business In This State
0 2 Incorporated and Principal Place of Business In Another State
PTF DEF
0 4 ~4
0 5 0 5
Citizen or Subject of a Forei n Count
0 3 0 3 Foreign Nation 0 6 0 6
er kh t< N IC ere or: ature o fS . C d D Ult o e escnntlons. ;:,:•.i:FORFEITUREiRENAI!:rF':l:l•"': +vy,'f~i'.:'<t:!NBANKRUP,T<B-Y;;;:;:+,~!f0+,:fu::!i '>;!l(!i ~:;>!', ·:0THER'Sffi'A:J'U'l:ES:rf''i.::;.;;:;1
0 625 Drug Related Seizure 0 422 Appeal 28 USC 158 0 375 False Claims Act of Property 21 USC 881 0 423 Withdrawal 0 376 Qui Tam (31 USC
0 690 Other 28 USC 157 3729(a)) 0 400 State Reapportionment
J . 'f1'RQPERTY RIGH'FS;'"'*"F3 0 410 Antitrust 0 820 Copyrights 0 430 Banks and Banking 0 830 Patent 0 450 C_Q_nunerce 0 835 Patent - Abbreviated
~'" New Drug Applicatio/ eteer Influenced and 0 840 Trademark pt Organizations
":~~1+.;;.,,~;,·.~i;'.r:~,;><<tEA'BOR!\r' 'fl;:11 "lv·+P:f ''"" "'..:''.SOCIAJ:ISEGURIJJY.f.• ·,. C•. umer Credit 0 710 Fair Labor Standards 0 861 HIA (I 395ft) q{ /Sat TV
Act 0 862 Black Lung (92 ities/Commodities/ 0 720 I!:abor/Management 0 863 DIWC/DJWW ,~ Exchange
Relations 0 864 SSID Title XVI 0 890 Other Statutory Actions 0 740 Railway Labor Act 0 865 RSI (405(g)) 0 891 Agricultural Acts 0 751 Family and Medical 0 893 Environmental Matters
Leave Act 0 895 Freedom oflnformation 0 790 Other Labor Litigation ·:::.!'!'!'FEDERAL. TAX!SUITsc; ·.·" Act 0 791 Employee Retirement 0 870 Taxes (U.S. Plaintiff 0 896 Arbitration
Income Securily Act or Defendant) 0 899 Administrative Procedure 0 871 IRS-Third Party Act/Review or Appeal of
26 USC 7609 Agency Decision 0 950 Constitutionality of
·'"7~T"'~IMMIGRATIQ!S.i:;;:;;\;:.r: ..... ·: State Statutes 0 462 Naturalization Application 0 465 Other Immigration
Actions
Reinstated or 0 5 Transferred from 0 6 Multidistrict 08 Multidistrict Reopened Another District Litigation - Litigation -
(;pecijj;) Transfer Direct File
Cite the U.S. Civil Statute under which you are filing (Do not cite jurisdictio11al statutes unless diversity):
VL CAUSE OF ACTION Brief description of cause: FCRA, 15 U.S.C. § 1681TILA,15 U.S.C. § 1601, PAUFA, 73 P.S. §l 201-1.
VII. REQUESTED IN COMPLAINT:
VIII. RELATED CASE(S)
~ CHECK IF THIS IS A CLASS ACTION UNDER RULE 23, F.R.Cv.P.
IF ANY (See instructions):
DATE
12/15/2017 FOR QFFICE USE ONLY
RECEIPT# AMOUNT APPL YING IFP
DEMAND$ CHECK YES only if demanded in complaint:
JURYDEMAND: 0 Yes ONo
JUDGE MAG.JUDGE
DEC 1'1 2017
Case 5:17-cv-05628-JLS Document 1 Filed 12/15/17 Page 1 of 33
CIVIL COVER SHEET ATTACHEMENT
Plaintiff:
Christopher Brogan, 473 Pennsylvania Avenue, Reading, PA 19606
Represented by:
Defendant:
The Kim Law Firm, LLC Richard Kim, Esquire
Attorney l.D. No: 202618
1500 Market St. Centre Square - West Tower
Suite W-3110 Philadelphia, PA 19102
Ph. 855-996-6342 Fax 855-235-5855
Ferrara Law Group, P.C.
Kevin J. Kotch, Esquire
One State Street Square 50 W State St., Suite 1100
Trenton, NJ 08608 Ph. 609-571-3742 Fax 609-498-7440
kevi [email protected]
Fred Beans Motors of Doylestown, Inc.: 858 North Easton Road, Doylestown, PA 18902
DlC Fi 2017
Case 5:17-cv-05628-JLS Document 1 Filed 12/15/17 Page 2 of 33
\ , ~ UNITED STATES DISTRICT COURT l' 5 6 2 8 FO~ TiIE EA:Sq£ERN DISTRICT OF PENNSYLVANIA- DESIGNATION FORM to be used by counsel to indicate the category of the case for the purpose of assig'nment tli'~ppropriate calendar. -
Place of Accident, Incident or Transaction:_~lml~:i.lllllllJL __________________________ .1,-. ____________ _ (Use Reverse Side For Additional Space)
Does this civil action involve a nongovernmental corporate party with any parent corporation and any publicly held corporation ownin or more of its stock?
(Attach two copies of the Disclosure Statement Form in accordance with Fed.R.Civ.P. 7.1 (a)) YesD No~
Does this case involve multidistrict litigation possibilities?
RELATED CASE, IF ANY:
Civil cases are deemed related when yes is answered to any of the following questions:
Yeso No~
1. Is this case related to property included in an earlier numbered suit pending or within one year previously tenninated action in [email protected]?
YesD No[]:
2. Does this case involve the same issue of fact or grow out of the same transaction as a prior suit pending or within one year previo1 ly terminated action in this court?
YesD No!Jl 3. Does this case involve the validity or infringement of a patent already in suit or any earlier numbered case pending or within one ear previously
tenninated action in this court? YesD Nomi
4. ls this case a second or successive habeas corpus, social security appeal, or pro se civil rights case filed by the same individual?
YesD
CIVIL: (Place V' in ONE CATEGORY ONLY)
A Federal Question Cases: B. Diversity Jurisdiction Cases:
I. o Indemnity Contract, Marine Contract, and All Other Contracts I. 0 Insurance Contract and Other Contracts
2. o FELA 2. 0 Airplane Personal Injury
3. o Jones Act-Personal Injury 3. 0 Assault, Defamation
4. o Antitrust 4. 0 Marine Personal Injury
5. o Patent 5. 0 Motor Vehicle Personal Injury
6. o Labor-Management Relations 6. 0 Other Personal Injury (Please specify)
7. o Civil Rights 7. 0 Products Liability
8. o Habeas Corpus 8. 0 Products Liability - Asbestos
9. 0 All other Diversity Cases
Security Review Cases (Please specify)
Fair Credit Reporting Act, 15 U.S.C. § 1681, Truth in Lending Act, 15 U.S.C. § 1601, Pennsylvania Unfair Trade Practices and Consumer Protection Laws, 73 P.S. § 201-1.
ARBITRATION CERTIFICATION (Check Appropriate Category)
'-"=.:::.:.F-'-='----------------__, counsel of record do hereby certify: D< P suant to Local Civil Rule 53.2, Section 3(c)(2), that to the best of my knowledge and belief, the damages recoverable in this civil action case exceed the sum of
$15 00.00 exclusive of interest and costs;
o Relief other than monetary damages is sought. r
DATE: 12/15/17 ~4 Attorney-at-Law Attorney l.D.#
202618
NOTE: A trial de novo will be a trial by jury only if there has been compliance with F.R.C.P. 38.
I certify that, to my knowledge, the within case is not related to any case now pending or within one year previously terminated action in this court
except as noted above.
DATE: 12/15/17 202618
Attorney l.D.# ClV. 609 (5/2012)
DEC 15 2017
Case 5:17-cv-05628-JLS Document 1 Filed 12/15/17 Page 3 of 33
\ : I
IN THE UNITED STATES DISTRICT COURT FOR THE EASTERN DISTRICT OF PENNSYLVANIA
CASE MANAGEMENT TRACK DESIGNATION FORM Christopher Brogan, on behalf of himself and all others similarly situated
PLAINTIFF, v.
Fred Beans Motors of Doylestown, Inc. DEFENDANT.
CIVIL ACTION
NO. i\i o/j In accordance with the Civil Justice Expense and Delay Reduction Plan of this court, counsel for plaintiff shall complete a Case Management Track Designation Form in all civil cases at the time of filing the complaint and serve a copy on all defendants. (See§ 1 :03 of the plan set forth on the reverse side of this form.) In the event that a defendant does not agree with the plaintiff regarding said designation, that defendant shall, with its first appearance, submit to the clerk of court and serve on the plaintiff and all other parties, a Case Management Track Designation Form specifying the track to which that defendant believes the case should be assigned.
SELECT ONE OF THE FOLLOWING CASE MANAGEMENT TRACKS:
(a) Habeas Corpus - Cases brought under 28 U.S.C. § 2241 through§ 2255. ( )
(b) Social Security - Cases requesting review of a decision of the Secretary of Health and Human Services denying plaintiff Social Security Benefits. ( )
(c) Arbitration - Cases required to be designated for arbitration under Local Civil Rule 53.2. ( )
(d) Asbestos - Cases involving claims for personal injury or property damage from exposure to asbestos. ( )
(e) Special Management - Cases that do not fall into tracks (a) through (d) that are commonly referred to as complex and that need special or intense management by the court. (See reverse side of this form for a detailed explanation of special management cases.)
(f) Standard Management - Cases that do not fall into any one of the other tracks.
12115117
Date
855-996-6342
Telephone
(Civ. 660) 10/02
855-235-5855
FAX Number
Richard Kim
Attorney for PLAINTIFF
E-Mail Address
Case 5:17-cv-05628-JLS Document 1 Filed 12/15/17 Page 4 of 33
IN THE UNITED STATES DISTRICT COURT FOR THE EASTERN DISTRICT OF PENNSYLVANIA
Christopher Brogan, on behalf ofhimself and all others similarly situated
PLAINTIFF,
v.
Civil Action No.
CLASS ACTION COMPLAINT
f::JL
DEFENDANT. JURY TRIAL DEMANDED /(,(J,~£C 15 20tJ
By_:1'~~MAN ,
Fred Beans Motors of Doylestown, Inc.
~n:ClfJf!ff '@p, Clerk.
Plaintiff Christopher Brogan ("Mr. Brogan", "Brogan" or "Plaintiff'), by and through
his undersigned attorneys, on behalf of himself, and the Putative Classes set forth below, and in
the public interest, hereby brings the following class action Complaint against Defendant Fred
Beans Motors of Doylestown, Inc. ("Fred Beans" or "Defendant") pursuant to the Fair Credit
Reporting Act, 15 U.S.C. § 1681, et seq. (the "FCRA"), the Truth in Lending Act, 15 U.S.C. §
1601, et seq. ("TILA") and the Pennsylvania Unfair Trade Practices and Consumer Protection
Law, 73 P.S. § 201-1, et seq. ("PAUFA")
PRELIMINARY STATEMENT
1. Fred Beans is an area car dealership that sells both new and used automobiles, and
is believed to sell thousands of vehicles every year.
2. Fred Beans enters into retail installment sales contracts with consumers that set
forth the terms of the sale, including required financial disclosures under the law. As discussed
below, the retail installment sales contracts prepared by Fred Beans are false, misleading and
incorrect because the finance charges are supposed to be lower than what Fred Beans claims them
1 5
Case 5:17-cv-05628-JLS Document 1 Filed 12/15/17 Page 5 of 33
to be in the contracts. The misstatement is knowingly false, and always in favor of the Defendant,
thereby deceptively and intentionally charging consumers undisclosed fees without their
knowledge.
3. In its retail installment sales contracts with consumers, Fred Beans also wrongfully
includes a "Dealer Fee". The Dealer Fee is represented as a charge for preparing documents related
to transactions. However, the Dealer Fee bears no rational relationship to the preparation of
documentation, and is only meant to generate additional revenue for Fred Beans in the guise of a
charge for document preparation.
4. After entering into binding contracts with consumers, and having issued financing
terms for transactions, without any permissible purpose, Fred Beans wrongfully continues to cause
hard credit inquiries to be conducted. These hard credit inquiries result in, among other things,
decreases in credit score as well as privacy harm.
5. Moreover, despite issuing contracts that are binding and final, Fred Beans
wrongfully reissues new sales contracts at its whim, and for its own benefit. Thus, the purported
financing disclosures issued by Fred Beans during a transaction are illusory.
6. Fred Bean's wrongdoing has resulted in, among other things, violations of the
FCRA, TILA and PAUFA.
7. Accordingly, on behalf of himself and the Putative Classes proposed herein,
Plaintiff seeks statutory damages, punitive damages, costs and attorneys' fees, equitable relief, and
all other appropriate relief pursuant to the FCRA, TILA and PAUFA.
PARTIES
8. Individual and representative Plaintiff Christopher Brogan is a resident of Reading,
Pennsylvania. Mr. Brogan is a member of the Putative Classes defined below, and is a consumer
2
Case 5:17-cv-05628-JLS Document 1 Filed 12/15/17 Page 6 of 33
as that term is defined by applicable law, including but not limited to the FCRA, TILA and PAUFA.
9. Defendant Fred Beans is a company with a principal place of business in this
District, at 845 N. Easton Rd., Doylestown, Pennsylvania, 18902, with a corporate address of 858
North Easton Road, Doylestown, Pennsylvania 18902. Fred Beans is a: (i) "person" as that term
is defined by 15 U.S.C. § 1681a(b) and 73 P.S. § 201-2(2); and (ii) a "creditor" as that term is
defined by 15 U.S.C. § 1601(g) and 12 C.F.R. 226.2(a)(l 7).
JURISDICTION AND VENUE
10. This Court has federal question jurisdiction over Plaintiff's FCRA and TILA claims
pursuant to 28 U.S.C. § 1331 and pursuant to the Class Action Fairness Act ("CAFA"), 28 U.S.C.
§ 1332(d).
11. Venue is proper in the United States District Court, Eastern District of
Pennsylvania, Philadelphia, pursuant to 28 U.S.C. § 1391(b) as Defendant engages in substantial
business activity in this district and a substantial part of the events or omissions giving rise to the
claim occurred within this district. 28 U.S.C. § 1391(b).
12. Fred Beans maintains a principal place of business in this District, does substantial
business in this District, and is subject to personal jurisdiction in this District.
FACTUAL ALLEGATIONS
13. When selling automobiles, Fred Beans holds itself out in retail installment sales
contracts with consumers as a creditor-seller to whom consumers are obligated to pay the amount
financed, prior to immediately transferring financing to a third-party financier/creditor.
14. Fred Beans is also the person whom the debt arising from the consumer credit
transaction is initially payable when purchasing an automobile. As such, Fred Beans regularly
3
Case 5:17-cv-05628-JLS Document 1 Filed 12/15/17 Page 7 of 33
extends credits to its customers to finance their automobiles prior to immediately assigning retail
installment sales contracts.
15. On March 20, 2017, Mr. Brogan entered into a Retail Installment Sales Contract
with Fred Beans ("RISC #1") and purchased a 2016 Subaru Impreza (the "Vehicle"). RISCS #1
is attached as Exhibit 1.
16. RISC #1 included, among other things, a Federal Truth-In-Lending disclosure
regarding the financing terms offered by Fred Beans for the sale of the Vehicle:
FEDERAL TRUTH-IN-LENDING DISCLOSURES ANNUAL FINANCE AMOUNT TOTAL OF TOTAL SALE
PERCENTAGE CHARGE FINANCED PAYMENTS PRICE RATE The dollar amount
The cost of your the credit will cost
credit as a yearly you
rate
8.74% $12,011.45 $39,242.80 $51,254.25 $51,254.25
See Exhibit "1".
17. It is further disclosed that, based on the above terms, Mr. Brogan is to make 75
monthly payments at $683.39 per month.
18. These disclosures are false and misleading because, among other reasons, the
finance charge is incorrect, and fails to disclosure an additional charge or fee charged to Plaintiff
and other members of the putative classes. Fred Beans over stated the Finance Charge in its favor.
Indeed, $39,242.80 financed at 8.74% and amortized over 75 monthly results in a finance charge
of approximately $11,828.42, and not $12,011.45, the difference being $183.03.
19. The improper financing charge further causes the disclosures to be false and
misleading because, among other reasons, the "Total of Payments" and "Total Sale Price" are
false.
4
Case 5:17-cv-05628-JLS Document 1 Filed 12/15/17 Page 8 of 33
20. Mr. Brogan detrimentally relied on the false information in the Federal Truth-In-
Lending Disclosures when entering into RISC #1, and obligating himself to the terms of that
contract.
21. In RISC #1, Fred Beans improperly included a $138 Dealer Fee that was only
supposed to be a charge for the preparation of documentation relating to the transaction. This
charge actually has no rational relationship to document preparation, and is only meant as an
additional expense to increase Fred Bean's revenue.
22. RISC #1 was a valid and binding contract, and RISC #1 represented that financing
for the Vehicle was to be transferred to Fifth Third Bank ("Fifth Third").
23. Based on RISC #1, Plaintiff left Defendant's dealership and returned home with
the Vehicle.
24. After leaving with the Vehicle, on or about April 20, 2017, Defendant sent Mr.
Brogan a second Retail Installment Sales Contract ("RISC #2), which was different than RISC
#1. RISCS #2 is attached as Exhibit 2.
25. RISC #2 was backdated to March 20, 2017. Defendant knowingly and intentionally
dated RISC #2 as March 20, 2017, and completely disregarded RISC #1, even though it was a
binding contract.
26. RISC #2 provides, among other things, the following financial disclosures:
FEDERAL TRUTH-IN-LENDING DISCLOSURES ANNUAL FINANCE AMOUNT TOTAL OF TOTAL SALE
PERCENTAGE CHARGE FINANCED PAYMENTS PRICE RATE The dollar amount
The cost of your the credit will cost
credit as a yearly you
rate
8.5% $11,656.70 $39,242.80 $50,899.50 $50,899.50
5
Case 5:17-cv-05628-JLS Document 1 Filed 12/15/17 Page 9 of 33
See Exhibit 2.
27. It is further disclosed in RISC #2 that Mr. Brogan is to make 75 monthly
payments at $678.66 per month.
28. These disclosures are false and misleading because, among other reasons, the
finance charge is incorrect. Fred Beans has over stated the Finance Charge in its favor. Indeed,
$39,242.80 financed at 8.5% and amortized over 75 monthly results in a finance charge of
approximately $11,478.20, and not $11,656.70, the difference being approximately $178.50.
29. The improper financing charge further causes the disclosures to be false and
misleading because, among other reasons, the "Total of Payments" and "Total Sale Price" are
false.
30. Mr. Brogan detrimentally relied on the false information in the Federal Truth-In-
Lending Disclosures when entering into RISC #2, and obligating himself to the terms of that
contract.
31. Fred Beans again improperly included a $138 Dealer Fee that was only supposed
to be a charge for the preparation of documentation in the transaction, but has no rational
relationship to document preparation, and is only meant as an additional expense to increase Fred
Bean's revenue.
32. RISC #2 was a valid and binding contract, and RISC #2 now represented that
financing for the Vehicle was transferred to Ally Financial.
33. Mr. Brogan signed and returned RISC #2 because he was receiving notification that
the payoff amount for his trade was still outstanding. Despite being required to payoff Plaintiffs
outstanding loan amount on the traded in car, Fred Beans had still failed to do so, causing Plaintiff
to accrue delinquencies that were reported on Plaintiffs credit report.
6
Case 5:17-cv-05628-JLS Document 1 Filed 12/15/17 Page 10 of 33
34. Amazingly, on or about May 31, 2017, Plaintiff received another retail installment
sales agreement ("RISC #3) from Fred Beans. And yet again, the terms of the sales agreement
were changed. See Exhibit 3.
35. RISC #3 was dated May 24, 2017 and provides the same above noted financial
disclosures as RISC #2, which are still false and misleading.
36. Mr. Brogan detrimentally relied on the false information in the Federal Truth-In-
Lending Disclosures when entering into RISC #3, and obligating himself to the terms of that
contract.
37. RISC #3 also represented that financing for the Vehicle was transferred to Ally
Financial. This time the materials sent to Mr. Brogan included a blank Ally Financial loan
application. See Exhibit 4. Fred Beans never secured financing with Ally Financial because there
would have been no reason to send a loan application to Mr. Brogan if financing had actually been
arranged.
38. RISC #s 1, 2 and 3 required any change, including cancellation, to be in writing.
Fred Beans never executed a written agreement cancelling any of the prior RISCs.
39. The truth is, even though Fred Beans represented that the sale was final, and
financing confirmed in the RISCs, Fred Beans always treated the RISCs as unilaterally enforceable
at Fred Beans' option, but binding on Mr. Brogan, so that Fred Beans could sell automobiles and
lock Mr. Brogan into the sale of the Vehicle.
40. Fred Beans routinely and customarily engages in this unlawful practice. Fred Beans
issues retail installment sales contracts to consumers, representing that those contracts are final
and binding, but Fred Beans disregards those contracts, as well as the financing terms, as it sees
fit, thus rendering the TILA disclosures illusory.
7
Case 5:17-cv-05628-JLS Document 1 Filed 12/15/17 Page 11 of 33
41. Fred Beans does so, among other reasons, so that it can lock consumers such as
Mr. Brogan into a transaction while obligating itself to nothing.
42. Moreover, Fred Beans wrongful actions allow it to obtain optimal revenue
generation from the credit transactions by transferring its credit obligations/liability to third parties
such as First Third and Ally Financial (as noted above).
43. Specifically, Fred Beans generates revenue on the financing of automobile
transactions when it transfers its financing obligations. This fact is confirmed by the RISCs which
all state in the pre-printed forms that: "The Annual Percentage Rate may be negotiable with the
Seller [Fred Beans]. The Seller may assign this contract and retain its right to receive a part of
the Finance Charge."
44. The transfer of Fred Beans financing of vehicles occurs simultaneously with the
execution of the retail installment sales contracts to the designated third-party financial institution
named within the contracts. In Mr. Brogan's case, Fred Beans was supposed to have transferred
its financing obligations to Fifth Third immediately with the execution of RISC #1.
45. After Fred Beans agreed to finance the purchase of the Vehicle in RISC #1, Fred
Beans no longer had any permissible purpose for engaging in "hard" credit inquiries.
Nevertheless, Fred Beans continued to conduct credit inquiries, without any permissible purpose,
thereby causing Plaintiff significant harm, including but not limited to privacy and credit harm.
46. Fred Beans routinely and systematically causes hard credit inquiries to be
conducted even after finalizing financing for vehicle sales, and executing retail installment sales
contracts stating that financing has been transferred to a third party.
4 7. The total documents supplied to Mr. Brogan along with RISC #s 1, 2 and 3
were all different in the information supplied, and length of the documentation. However, a
8
Case 5:17-cv-05628-JLS Document 1 Filed 12/15/17 Page 12 of 33
$138 "document fee" was charged each time. The "document fee" bears no rational
relationship to the work necessary in preparing the RISCs. Fred Beans routinely charges this
fee and falsely considers it a fee for document preparation.
48. As such, Plaintiff and the Putative Class members are entitled to statutory
damages, punitive damages, and attorneys' fees and costs pursuant to the FCRA, TILA and
PAUFA.
CLASS ACTION ALLEGATIONS
49. Plaintiff asserts his claim in Count One and Count Two on behalf of the "False
Finance Charge Class" defined as follows:
False Finance Charge Class: All consumers who purchased vehicles from Fred Beans in the United States that: (1) where the retail installment sales contract falsely stated the Finance Charge; (2) were Pennsylvania residents at the time of the purchase; (3) within the three years prior to the filing of the Complaint until the date of final judgment in the action.
50. Plaintiff asserts his claim in Counts One and Two on behalf of the "Multiple RISC
Class" (illusory financing class) defined as follows:
Multiple RISC Class: All consumers who purchased vehicles from Fred Beans in the United States that: (1) entered into a retail sales installment contract with Fred Beans; (2) who were presented with more than one retail sales installment contract without a written cancellation of the prior retail installment sales contract; (3) were Pennsylvania residents at the time of the purchase; (4) within the five years prior to the filing of the Complaint until the date of final judgment in the action.
51. Plaintiff asserts his claim in Count Two on behalf of the "Document Fee/Dealer
Fee Class" defined as follows:
Document Fee/Dealer Fee Class: All consumers who entered into retail sales installment contracts with Fred Beans: (1) that included within the retail installment sales contract a Document Fee/Dealer Fee; (2) were Pennsylvania residents at the time of the purchase; (3)
9
Case 5:17-cv-05628-JLS Document 1 Filed 12/15/17 Page 13 of 33
within five years prior to the filing of the Complaint until the date of final judgment in the action.
52. Plaintiff asserts his claim in Count Three on behalf of the "Unauthorized Inquiry
Class" defined as follows:
Unauthorized Inquiry Class: All consumers who entered into retail sales installment contracts with Fred Beans in the United States: (1) where Fred Beans continued to conduct hard credit inquiries following the execution of the retail sales installment contract; (2) within five years prior to the filing of the Complaint until the date of final judgment in the action.·
53. Numerosity. The Putative Classes are so numerous that joinder of all Class
members is impracticable. Fred Beans regularly improperly issues retail sales installment
contracts with false finance charges; regularly issues multiple retail sales installment contracts
without any written cancellation of the prior retail sales installment contracts with consumers with
changed finance terms; regularly charges document fee/dealer fees as part of its retail sales
installment contracts that it regularly issues, that bears no rational relationship to the preparation
and completion of documents; and continues to conduct hard credit inquiries by obtaining credit
reports without any permissible purpose in violation ofTILA, the FCRA and PAUFA.
54. Typicality. Plaintiff and members of the Putative Classes were harmed by the acts
of Defendant in at least the following ways: issuing retail sales installment contracts with false
finance charges; issuing multiple retail sales installment contracts without any written cancellation
of the prior retail sales installment contracts with consumers; regularly charges document
fee/dealer fees as part of their its sales installment contracts that it regularly issues, that bears no
rational relationship to the preparation and completion of documents; and continuing to conduct
hard credit inquiries by obtaining credit reports without a permissible purpose in violation ofTILA,
the FCRA and PAUFA. The TILA, the FCRA and PAUFA violations suffered by Plaintiff are
10
Case 5:17-cv-05628-JLS Document 1 Filed 12/15/17 Page 14 of 33
typical of those suffered by other members of the Putative Classes, and Fred Beans treated Plaintiff
consistent with other members of the Putative Classes.
55. Adequacy. Plaintiff is an adequate representative of the Putative Classes. As a
person who was issued retail sales installment contracts with false finance charges; issued multiple
retail sales installment contracts without any written cancellation of the prior retail sales
installment contracts with consumers with changed finance terms; was charged document
fee/dealer fee as part of Fred Beans retail sales installment contracts that it regularly issues, that
bears no rational relationship to the preparation and completion of documents; and was subject to
hard credit inquiries by Fred Beans without a permissible purpose all in violation of TILA, the
FCRA and PA UFA, Plaintiffs interests are aligned with, and are not antagonistic to the interests
of the members of the Putative Classes. Plaintiff has retained counsel competent and experienced
in complex class action litigation.
56. Commonality. Common questions of law and fact exist as to all members of the
Putative Classes and predominate over any questions solely affecting individual members of the
Putative Classes, including but not limited to:
a. Whether Defendant issues retail sales installment contracts with false finance
charges;
b. Whether Defendant issues multiple retail sales installment contracts without any
written cancellation of the prior retail sales installment contracts with consumers;
c. Whether Defendant regularly charges document fee/dealer fees as part of their retail
sales installment contracts;
d. Whether Defendant conducts hard credit inquiries by obtaining credit reports
without a permissible purpose in violation of TILA, the FCRA and P AUF A;
11
Case 5:17-cv-05628-JLS Document 1 Filed 12/15/17 Page 15 of 33
e. The proper measure of statutory and punitive damages; and
f. The proper form of injunctive and declaratory relief.
57. This case is maintainable as a class action under Fed. R. Civ. P. 23(b)(l) because
prosecution of actions by or against individual members of the Putative Classes would result in
inconsistent or varying adjudications and create the risk of incompatible standards of conduct for
Defendant. Further, adjudication of each individual Class member's claim as a separate action
would potentially be dispositive of the interest of other individuals not a party to such action,
impeding their ability to protect their interests.
58. This case is maintainable as a class action under Fed. R. Civ. P. 23(b)(2) because
Fred Beans has acted or refused to act on grounds that apply generally to the Putative Class, so
that final injunctive relief or corresponding declaratory relief is appropriate respecting the Classes
as a whole.
59. Class certification is also appropriate under Fed. R. Civ. P. 23(b)(3) because
questions oflaw and fact common to the Putative Classes predominate over any questions affecting
only individual members of the Putative Classes, and because a class action is superior to other
available methods for the fair and efficient adjudication of this litigation. Defendant's conduct
described in this Complaint stems from common and uniform policies and practices, resulting in
common violations ofTILA, the FCRA and PAUPA. Members of the Putative Classes do not have
an interest in pursuing separate actions against Defendant, as the amount of each Class member's
individual claims is small compared to the expense and burden of individual prosecution, and
Plaintiff is unaware of any similar pending claims brought against Defendant by any members of
the Putative Classes on an individual basis. Class certification also will obviate the need for unduly
duplicative litigation that might result in inconsistent judgment concerning Defendant's practices.
12
Case 5:17-cv-05628-JLS Document 1 Filed 12/15/17 Page 16 of 33
Moreover, management of this action as a class action will not present any likely difficulties. In
the interests of justice and judicial efficiency, it would be desirable to concentrate the litigation of
all Putative Class members' claims in a single forum.
60. Plaintiff intends to provide notice to all members of the Putative Classes to the
extent required by Rule 23. The name and addresses of the Putative Class members are available
from Defendant's records.
CAUSES OF ACTION
COUNT ONE VIOLATIONS OF TRUTH IN LENDING ACT
61. Plaintiff incorporates by reference all other allegations and paragraphs of the
Complaint as if set forth herein at length.
62. The transaction described herein was a consumer credit transaction with the
meaning of the Truth in Lending Act, 15 U.S.C. §§ 1601 et seq.
63. Fred Beans is a "Creditor" pursuant to TILA U.S.C. § 1602(£).
64. As a creditor, Fred Beans regularly extends consumer credit that is subject to a
finance charge or payable in more than four installments and is the person to whom the transaction
which is the subject of this action is initially payable, 15 U.S.C. § 1602(g) and Reg. Z §
226.2(a)(l 7). Defendant is also identified as the seller-creditor on the retail sales installment
contracts at issue.
65. It is the purpose of the TILA to assure a meaningful disclosure of credit terms to
prevent the uninformed use of credit and to protect consumers against inaccurate and unfair
practices involving certain sales. Meaningful and timely disclosure of the terms of financing
provide consumers with knowledge of the "true" cost of credit prior to consummation of the
transaction, 15 U.S.C. § 1638 et seq.
13
Case 5:17-cv-05628-JLS Document 1 Filed 12/15/17 Page 17 of 33
66. Pursuant to 15 U.S.C. § 1638, the creditor must disclose material terms such as the
true finance charge, amount financed and APR.
67. The Federal Truth in Lending Disclosures in the retail sales installment contracts
were false and misleading as, among other reasons, the dealership repeatedly miscalculated the
financing terms in its favor in order to generate further revenue from automobile sales.
68. Moreover, Defendant had no intention to honor the financing terms contained in its
retail sales installment contracts, which would always be subject to Defendant's unilateral
determination.
69. Plaintiff and the Putative classes are entitled to damages in the amount that the court
may allow, along with attorneys' fees and expenses pursuant to 15 U.S.C. § 1640(a)(2)(A)(i) and
15 U.S.C. 1640(a)(3).
COUNT TWO VIOLATIONS OF THE PENNSYLVANIA UNFAIR TRADE PRACTICES AND
CONSUMER PROTECTION LAW
70. Plaintiff incorporates by reference all other allegations and paragraphs of the
Complaint as if set forth herein at length.
71. The PAUFA, 73 P.S. §201-1 provides a private right of action for any consumer
who "suffers any ascertainable loss of money or property" as a result of an unlawful method, act
or practice. 73 P.S. § 201-9.2(a).
72. P AUF A makes it unlawful for a person to engage in unlawful business practices,
including, but not limited to any "fraudulent or deceptive conduct which creates a likelihood of
confusion or of misunderstanding." 73 P.S. §201-2(4)(xvii).
73. Defendant violated PAUF A by, among other reasons, knowingly stating false
finance charges in retail installment sales contracts that it routinely and regularly enters into with
14
Case 5:17-cv-05628-JLS Document 1 Filed 12/15/17 Page 18 of 33
consumers.
74. Defendant further violated PAUF A by, among other reasons, charging consumers
in its retail sales installment agreements dealer fees that were purportedly for services rendered in
preparing documentation for automobile sales. The dealer fees, however, bear no relationship to
costs associated with document preparation, but are actually a hidden expense to consumers so the
Defendant can generate further revenue from automobile sales.
7 5. Defendant further violates PA UFA by, among other reasons, presenting consumers
with numerous retail sales installment contracts for Defendants own benefit, even though the
contracts are final binding agreements, for Defendant's own benefit so that consumers are bound
by the agreement while the Defendant is not.
76. Plaintiff and the Putative Class are entitled to three times statutory damages,
including attorneys' fees and costs.
COUNT THREE VIOLATIONS OF THE FAIR CREDIT REPORTING ACT
77. Plaintiff incorporates by reference all other allegations and paragraphs of the
Complaint as if set forth herein at length.
78. Plaintiff is a "consumer" as defined by the FCRA.
79. Fred Beans is a "person" as defined by the FCRA.
80. Fred Beans used a "consumer report," as defined by the FCRA.
81. Defendant violated Sections 168ln and 16810 of the Fair Credit Reporting Act by
willfully and negligently causing unauthorized and excessive credit inquiries to be made of
Plaintiff and the Class.
82. Inquiries are listed on a credit report, and the number and frequency of inquiries
noted on a person's credit file materially affects their credit score. The credit score affects, among
15
Case 5:17-cv-05628-JLS Document 1 Filed 12/15/17 Page 19 of 33
other things, the ability of a party to obtain credit and the terms of the credit.
83. The conduct of Defendant was a direct and proximate cause, as well as a substantial
factor in bringing about the harm to the Plaintiff and Class that are outlined more fully above and,
as a result, Defendant is liable to Plaintiff and the Class for the full amount of statutory damages,
punitive damages, attorney's fees and costs of litigation, as well as such further relief, as may be
permitted by law.
84. The foregoing violations were willful. Fred Beans knew that it was required to
obtain Plaintiffs consent prior to submitting subsequent credit inquiries after it agreed to provide
financing. Fred Beans acted in deliberate or reckless disregard of its obligations and the rights of
Plaintiff and other Class members under 15 U.S.C. § 1681b(b)(2)(A)(i).
85. Plaintiff and the Putative Class are entitled to statutory damages of not less than
$100 and not more than $1,000 for each and every one of these violations, pursuant to 15 U.S.C.
§ 1681n(a)(l)(A).
86. Plaintiff and the Putative Class are also entitled to punitive damages for these
violations, pursuant to 15 U.S.C. § 168ln(a)(2).
87. Plaintiff and the Putative Class are further entitled to recover their costs and
attorneys' fees, pursuant to 15 U.S.C. § 1681n(a)(3).
PRAYER FOR RELIEF
88. WHEREFORE, Plaintiff, on behalf of himself and the Putative Classes, prays for
relief as follows:
a. Determining that this action may proceed as a class action under Rule 23 of the
Federal Rules of Civil Procedure;
b. Designating Plaintiff as class representative and designating Plaintiffs counsel
16
Case 5:17-cv-05628-JLS Document 1 Filed 12/15/17 Page 20 of 33
as counsel for the Putative Class;
c. Issuing proper notice to the Putative Classes at Defendant's expense;
d. Declaring that Fred Beans committed multiple, separate violations of the law;
e. Declaring that Fred Beans acted willfully in deliberate or reckless disregard of
Plaintiffs rights and its obligations under the law;
f. Awarding appropriate equitable relief, including, but not limited to an
injunction forbidding Fred Beans from engaging in further unlawful conduct;
g. Awarding statutory damages and punitive damages as provided by the law;
h. Awarding reasonable attorneys' fees and costs as provided under the law; and
L Granting other and further relief, in law or equity, as this Court may deem
appropriate and just.
DEMAND FOR JURY TRIAL
89. Plaintiff demands trial by jury on all issues so triable.
Respectfully submitted,
THE KIM LAW FIRM, LLC
BY: Isl Richard H Kim CRHK 8964) Richard Kim, Esquire
17
Attorney I.D. No.: 202618 Centre Square - West Tower Suite W-3110 Philadelphia, PA 19102 Ph. 855-996-6342/Fax 855-235-5855 [email protected]
Case 5:17-cv-05628-JLS Document 1 Filed 12/15/17 Page 21 of 33
Dated: December 15, 2017
18
Kevin J. Kotch, Esquire Attorney I.D. No.: 70116 Ferrara Law Group, P.C. One State Street Square 50 W State St., Suite 1100 Trenton, NJ 08608 609.571.3742 (Tel) 609.498.7440 (Fax) [email protected]
Attorneys for Plaintiff Christopher Brogan
Case 5:17-cv-05628-JLS Document 1 Filed 12/15/17 Page 22 of 33
EXHIBIT 1
Case 5:17-cv-05628-JLS Document 1 Filed 12/15/17 Page 23 of 33
' .................. ., IALLIVlt:.N I ::;ALE CONTRACT SIMPLE FINANCE CHARGE
DEAL # 73069 Deafer Number -------- Contract Number --------Buyer Name and Address (Including County and Zip Code) CHRISTOPHER M BROGAN 473 PENNS'fL VANIA AVE
READING PA 19606-9092 BERKS
Co-Buyer Name and Address (Including County and ZJp Code) Seller•Credlfor (Name and Address)
RED BEANS CHEVROLET 45 N EASTON RO OYLESTOWN. PA 18902
You, th~ Buyer (and Co-Buyer, if any), may buy the vehicle below for ca~h or on credit. esr· signing this contract, you choose to buy the "eh\e\ m credit under the agreements on the. front and back of this contract. You agree to pay the Seller - .creditor (so!f'e_~i~~~,w.'!"~~~ 5!Ji. f,H.s~ \n: "-"' '°ntract) the Amount Financed and Finance Charge In u.s. funds according to the payment schedule below. We will figure your finance charc n a dally basis. The Truth-In-Lending Disclosures below are part of this contract •
Make Mfg Gross Vehi-New/Used Year and Model cular Weight Vehicle Identification Number
S JBARU USED ' 016 I •tPREZA JF1VA2M6XG9804797 •
FEDERAL TRUTH-IN-LENDING DISCLOSURES
't''C.RC'C.N\111.GiE \
l!>..~l-\\)11\.\_ ' r\NJ!>..NCE C\-\A.RGE \he d.o\\ar amount the '
Amount Financed
The amount ot credit provided
to you or
Total of Payments
The amount you wlll have paid after you have made all
payments as scheduled.
Total Sale Price
RJl\.\E \"e costol
your credit as a yearly rate.
credit will cost you. on your behalf.
The total cost of your purchase on credit, including
your down payment of
$ 0.00 is
8. 74 % $12011. 45 @9242.80 $51254.25
Your Payment Schedule Will Be: Number of Amount of Payments Pavments
75 683.39
N/A J/,6,,
Or As Follows:
N/A
When Payments Are Due
Monthly beginning 05/04/2017
N/A
$ 51254.25
Late Charge. If payment is not paid in full within 1 O days after it is due, you will pay a late charge. If the vehicle is a heavy commercial motor vehicle, the charge will be 4% of the part of the payment that is late. Otheiwise, the charge will be 2% of the part of the payment that is late. Prepayment. If you pay off all your debt early, you will not have to pay a penalty. Security Interest You are giving a security interest in the vehicle being purchased. Additional Information: See this contract for more information including information about nonpayment, default, any required repayment in lull before the scheduled date and security interest.
ITEMIZATION OF AMOUNT FINANCED (Seller may keep part of the amounts paid to others.) 1 Cash Price
Vehicle
Accessories and Installation Government TaJCes
Vehicle Delivery ffi.fA tbJ/A fp]JA @IA
IPJIA
2. "To\a\ Oownpa.yment =
for N/ p. for Nit~
for tUA tor NIA for NIA
for NI.ti. ior NIA tor NIA
irade-l'a.013 HYllNDA.I GE Trade-In ltmH! !6K :tm1i 1100334
(VIN)
(Model)
$ 32591 .00 $ NIA $ .l 132.62 $ __ __,,N"'/""'A_,_ $ __ ~N.._,/A~ $ __ -"""N"""I u.h _
$ __ _....N+-1 A~ $ __ --"N"-'/""A,__ $ __ __,,N..,l.,.A"--$ __ ~N~/~A-$ f!llA $ ~lA
$ 33723
$ 16000 QQ $ 22334 63 $ -6334 63 $ 4000 no $ Zill A
$) 00 $ 33723
hl I I!
62
62
(1)
(2)
(3)
Primary Use For Which Purchased Personal, family, or household unless
otherwise indicated below D business 0 agricultural 0
Insurance. You may buy the physical damage insurance this contract requires (see baCk) from anyone you choose who is acceptable to us. You are not required to buy any other insurance to obtain credit.
If any Insurance Is checked below, policies or certificates from the named insurance companies will describe the terms and, conditions,
Check the Insurance you want and sign below· Optional Credit Insurance ·
0 Credit Life: 0 Buyer 0 Co-Buyer --0 Both-~-· -~, 0 Credit Disability: 0 Buyer 0 Co-Buyer 0 Both
Premium: Credit Life$ N /A i Credit Disability$ NIA
Insurance Company Name -'N:..:.L..f.:..A:.-------N A Home Office Address ""N""'/'-A..;._ ______ _ N'A Credit rde insurance and credit disability insurance are not required to obtain credit. Your decision to buy or not buy credit life inslirante and cred~ disability insurance will not be a factor in the credit approval process.They will not be provided unless you sign and agree to pay the extra cost. If you choose this insurance, the cost is shown in Item 4A of the Itemization-of Amount Financed. Credit life insurance pays the unpaid part of the Amount Financed if you die. This insurance pays only the amounl you would owe if you paid all your payments on time. Credit disability insurance pays the scheduled payments due under this contract while you are disabled. This insurance does not cover any increase in your payment or in the number of payments. The policies or certificates issued by the named insurance companies may further limit the coverage that credit life insurance or credit -disability Insurance provldJ!s. See the policies or certificates for coverage limits or other terms and comfrtions.
O\her 0-p\\ona\ \nsutance ON/A
iype ol Insurance Pre,;,lum $ --w-r,,..,.,.·:,·"'',~~Aii)A"'-, ~.·: Description of Coverage ..,N"'/_.A,__ ______ _
Insurance Company Name _.N"'-F--1..,A.__ _____ _ N/A Home Office Address __.N'"4-/"'A _______ _
NIA ON/A NIA
Type of Insurance Term
Premium $ N/ A
Description of Coverage _...,N..,_/..,A.__ ____ _ N/A ·insurance Company Name ... N,,..,../"'A.__ ____ _ N/A Home Office Address ... N..,/,,..A~-------
N t A oiher optional insuran 1 •
I
Case 5:17-cv-05628-JLS Document 1 Filed 12/15/17 Page 24 of 33
" voot or Optional Credtt Insurance Paid to Insurance Company or Companies
Life Term N I A $ o· b'lifY ? !II/A
JSa 1 Tsrm N '" $ ' B Other Optional Insurance Paid lo Insurance Company or Companies N '"
(Describe) NIA Term ..... N~t .... A __ _ (Oescrtbe) ·N/A Term .... Nc;..l~A __ _
C Official Fees Paid to Government Agencies '
~T Of PA furpA TIRE TAX
tgT OE PA for TRANSFER FEE ~T OF PA mrremp Tag
D Optional Gap Contract E Government Truces Not Included in Cash Price F Government license and/or Registration Fees
Regjstra G Government Certiffcafe of lifle Fees
(includes$ ~4' 08 security Int&rest recording fee) H Other Chsrgss (Seiter m_us_t td<tntlfy,, who is pafd·and
descnbe"purj>ose( ·
'e.H<KS for UK!'L rnu~ 1TY FE \9i/?. for!'!/.;\
~· / ii for ~;·,\ · ~JA for ~i>:~ Total Other Charges and Amounts Paid to Others on Your Behall
5 Amount Financed (3 + 4) 6 Finance Charge
7 Total of Payments-Time Balance (5 + 6)
$
$ $
$ $ $ $ $
$
$
$ $ $ $ $ $ $ $ $ $
N'A
l\llA NIA '
5 00 bl,£ !'I
28 00 595 00
N/A
36 00
75.QQ
2;;~4.6~ 2,2fjg,fl()
NO, H;,~lfi
LHl.QQ §.09 ~ 1 .lA
M}.C\ ~l,l.O. N{?1
$ 5§!9.H! $ 3924'.:.89
(4)
(5)
-+.,o~-!-,-"'1-'!-- (6)
4"'".,.,.,,_.~'-"-- (7) $ 12C11. qs $ 51254. 25
Home Office Address .... N..,./ ... A ______ _ 1\1/A Orhe~ optional i11Surance is no! required lo obtain credff. Your ~e,~~~~ ~ ~.V 0~~::t0buy other optional insurance will not be unless you sign alld a;,~ ~:.y"ii:-~;::'~':be l>T<Mde<I I want the Insurance checked above. ·
X NIA Buyer Signature
THIS INSURANCE DOES NOT INCLUDE INSURANCE ON YOUR LIABILITY BODILY INJURY OR PROPERTY t>AtA~i~ CAUSED TO OTHERS.
Returned Check Charge: You agree lo pay lhe ccs/s 11!18Cflla/~ pay to olhers if any check you give us is dishonored.
OPTION~L GAP C~NTRACT. A gap contract (dsbt canceDaffon contract) IS ~or required to obtain credit anrf Iliff not be Provided unless you Sign below and agree to pay the extra charge. If u choose !O ~ a gap conlnlct, the charge is shwm in //em ./fat
. Iha ~em/ZaNM of Amount Rnanced. See your gap contract for details on the terms and conditions II provides. h Is a f18rl of this contract.
Term -17'-oS>--- Mos. 1:m.;fl1JRCL fiTame ofGap Contract
I want to buy a ap contract.
/\, • "" !'•"\ """' ' -'""' ~ •• ' ·~ J •• "'. '•· t
If you do not meet your contract obligations, you may lose the vehicle.
OPTION: 0 You pay no finance charge if the Amount Financed, item 5, is paid in lull on or beloret.;;,J/"1'/'1-, ___ , YeMM-. SELLER'S INITIALS-NfA-
NO COOLING OFF PERIOD . State law does not provide for a "cooling off" or cancellation period for this sale. ~fter you slgf! th\s contract, you may only cancel it if the seller agrees or for legal cause. You cannot cancel this contract simply because you change your mind. This notice does not apply to home solicitation sales.
HOW THIS CO!"'i~Ci CAN BE CHANG~O .. This contract con1!1ins the entire agreement between y.o_u and us relating to this contract. An:f change to this contract mus! be in writing am! we must sign n. No oral changes are bmdmg. Buyer SiNN• Yf . ·,. . : Co-Buyer Signs ~K.'---..JPIHUl.!-!\i------::----:--1! any part o! thi~ contract is not valid, all other parts slay valid. We· matlielay or refrain from enforcing any of our rights under this contract Without losing !hem. For example, we may extend the time for making some payments withoul extending the"time for making others. You authorize us to obtain information about you, or the vehicle you are buying, from the state motor vehicle department or other motor vehicle registration authorities. See back for other lmportant agreements.
The Ann!'a! Pe~centage Rate may be negotiable with the Seller. The Seller may assign this contract and retam its nght to receive a part of the Finance Charge.
NOTICE TO BUYER. DO NOT SIGN THIS CONTRACT IN BLANK. YOU ARE ENTITLED TO AN EXACT COPY OF TJiE CONTRACT YOU SIGN. KEEP IT TO PROTECT YOUR LEGAL RIGHTS. ANY HOLDER OF THIS CONSUMER CREDIT CONTRACT IS SUBJECT TO ALL CLAIMS AND DEFENSES WHICH THE BUYER COULD ASSERT AGAINSTTHE SELLER OF GOODS OR SERVICES OBTAINED PURSUANT HERETO OR WITH THE PROCEEDS HEREOF. RECOVERY HEREUNDER BY THE BUYER SHALL NOT EXCEED AMOUNTS PAID BYTHE BUYER HEREUNDER.
Buyer Si~· , ,.-.... Dat@il /"QI J.7 Co-Buyer Signs X N/.A Date ---
You agree to the terms of this contract. You confirm that before you signed this contract,_ we Qave it to you, and you were free to take it and review it. You confirm that you received a completely f11led-m copy when you signed it.
_ _/ " Buyer Sig~_/,;." , · · ' ' Da~3/20/17 Co-BuyerSlgnsX N/A Date __ _ Co-Buyers and Other Owners -A co-buyer is a person who Is responsible for paying the entire debt. An other owner is a person whose name is on the title to the vehicle but does not have to pay the debt. The other owner agrees to the security interest Jn the vehicle given to us in this contract. ~
Other owner signs hereX Address /W _.--ff=~"""+--------------,., n X ( I'/ r • \. "), ..)'
SellerSigns FRED Eit'.Al~S CMBROLET Date0.3/20117 By "'- .....,.-,-r , ' - Title ___ _ I ,
Seller assigns its interest In this contract to ~ T ~ .... .,., , T _ . •• . (Assignee) under the terms of Seller's agreement(s) with Assignee.
D Assigned with recourse • · ·- "''·a Asslgne/v;J~/ / 0 Assigned with limited recourse
Seller --~- ~- • ••" ~ .. ~ ··~" rT BY - \ 'Y Title
D. AW' FORM NO. 553-PA (REV. '"'"l us. PATENT NO. D<!0.712 CQ014 Tho Reynolds and R17nolds Company TO ORDER:....,.w~con; 1~;1a.'1 t«0-~1'9055 TH! PRINTER MAKES NO WARRANTY, EXPRESS OR IMPUQ, AS TO CONTENr on Fn'NESS FOR PURPOSE OFllllSFORM.CONSUL.T't'OUA OWN lEOAt. COUNSEL.
FILE COPY
Case 5:17-cv-05628-JLS Document 1 Filed 12/15/17 Page 25 of 33
EXHIBIT 2
Case 5:17-cv-05628-JLS Document 1 Filed 12/15/17 Page 26 of 33
I
1
'
• lLAw· 553-PA 12/14 • • 9 • • • •
RETAIL INSTALLMENT SALE CONTRACT SIMPLE FINANCE CHARGE
• 16634 . ~ .
Pig. 8115 •
DEAL # 73470 Dealer Number ------- Contract Number -------
Buyer Name and Address Co-Buyer Name and Address Seller-Creditor (Name and Address) (Including County and Zip Code) (Including County and Zip Code) 1 HRISTOPHER M BROGAN Fl ED BEANS CHEVROLET 173 PENNSYLVANIA AVE a~ 5 N EASTON RD I EADING PA 19606-9092 BERKS DC YLESTOWN, PA 18902
You, the Buyer (and Co-Buyer, if any), may buy the vehicle below for cash or on credit. By signing this contract, you choose to buy the vehicle on credit under the agreements on the front and back of this contract. You agree to pay the Seller - Creditor (sometimes "we" or "us" in this contract) the Amount Financed and Finance Charge in U.S. funds according to the payment schedule below. We will figure your finance charge on a daily basis. The Truth-In-Lending Disclosures below are part of this contract.
Make Mfg Gross Vehi· New/Used Year and Model cular Weight Vehicle Identification Number
SU ARU I SEO 20 ~6 IM bREZA JF1VA2M6XG9804797
FEDERAL TRUTH-IN-LENDING DISCLOSURES ANNUAL FINANCE Amount Total of Total Sale
PERCENTAGE CHARGE Financed Payments Price RATE The dollar The amount of The amount you The total cost of
The cost of amount the credit provided will have paid alter your purchase on your credit as credit will to you or you have made all credit, Including a yearly rare. cost you. on your behalf. payments as your down
scheduled. p0mentot $ .oo
8.50 % $1656.70 13$1242.80 ~899.50 §0899.50 is
Primary Use For Which Purchased Personal, family, or household unless
otherwise Indicated below D business D agricultural D
Insurance. You may buy the physical damage insurance this contract requires (see back) from anyone you choose who Is acceptable to us. You are not required to buy any other insurance to obtain crediL
11 any Insurance Is checked below, policies or certificates from the named insurance companies will describe \he terms and conditions.
Check the Insurance you wan\ and sign below: Optional Credit Insurance
Your Payment Schedule Will Be: D Credit Life: D Buyer 0 Co-Buyer D Both D Credit Disability: D Buyer D Co-Buyer 0 Both Premium: Number of Amount of When Payments
Payments Pavments Are Due
75 678.66 Monthly beginning
05/04/2017
N/r.. N A N/A
Or As Follows:
N/A Late Charge. If payment is not paid in full within 10 days after it is due, you will pay a late charge. 11 the vehicle ls a heavy commercial motor vehicle, the charge will be 4% of the part of the payment that is late. Otherwise, the charge will be 2% of the part of the payment that Is late. Prepayment. If you pay off all your debt early, you will not have to pay a penalty. Security Interest. You are giving a security interest In the vehicle being purchased. Addltlonal Information: See this contract for more information including information about nonpayment, default, any required repayment in full before the scheduled date and security Interest.
ITEMIZATION OF AMOUNT FINANCED (Seller may keep part of the amounts paid to others.) 1 Cash Price
Vehicle §2591.00
Accessories and Installation $ NLA
Government Taxes $1132.62
Vehicle Delivery $ NLA Nt.6A trlJLA $ NLA Nt.6A frlJ/A $ N/A Nt.6A 1rJJ/ A $ NLA NIPA ftlJ/ A $ NLA Nt.6A t<lJ/A $ NLA NIPA ftlJ/ A $ N/A
Nt.6A 1rJJLA $ NLA Nt.6A trlJI A $ N/A
~3723.62 (1)
2 Total Downpayment = Trad,?6113 HYUNDAI GE Trade-~t'fr'!f'fU6KJ9'l!JtJ'100334 (Model)
Gross Trade·ln Allowance (VIN) i-6000.00
Less Pay Off Made By Seller i2334.63 Equals Net Trade In s6334.63 +Cash $ 4000. 00 +01hJl/A $ N/A (If total downpayment is negative, enter 'O' and see 4H below) Q:vOO (2)
3 Unpaid Balance of Cash Price (1 minus 2) @.3723.62 (3) 4 OlhAr Ch•rn•-• lndurlinn Amnunl.• P•id to Olhers on Your Behalf
I ~
I
I
I
Credit Lffe $ NI A Credit Disability $ NI A
Insurance Company Namrl'!..:...l""""A;.._ _____ _ IA Home Office Addrest'/'--'-'A _______ _
IA Credit lffe insurance and credit ctisabllitv insurance are not required ro obtain creclil. Your decision lo buy or not buy credll life Insurance and credll disabllily insurance w/11 not be a faclor in the credit approval process. Tliey will not be provided unless you sign and agree ro pay the extra cost. If you choose this insurance, the cost is shown in !rem 4A or the lfemiultion of Amounl Financed. Credi! lffe insurance pays the unpaid part of the Amount Financed ff you die. This Insurance pays only the amount 'IOl! would owe ff you paid all your payments on time. Credtt d1SBbiliry Insurance pays the scheduled paymenls due under this contract while you are <fisabled. This Insurance does not cover any increase 1n your payment or in the number of paymenls. The policies or certificates Issued by lhe named insurance companies m!!Y further limtt the coverage that credit life insurance or credtt disability insurance provides. See lhe policies or certificates for coverage limits or other terms and conditions.
Other Optional Insurance ~/A .N~/~A __
Type ot Insurance Term
Premium $ NI A Description of Covera1PJ/1..;A:..:_ ______ _
/A Insurance Company NamtN"-L.:..:A'-------
/A Home Office Address .:.N'"'L""A.;._ ______ _
/A N/A
Term ~/ . ....;..;A'--=,----;,.,---
Type of Insurance
Premium $ NI A Description of Coverage _N~/_A _____ _ /A . Insurance Company Namd'!~/~A _____ _ /A
Case 5:17-cv-05628-JLS Document 1 Filed 12/15/17 Page 27 of 33
P. Cost ot Optional Credit Insurance Paid to Insurance
Company or Companies U!e TermN/ A $ N/ A Disability TermN/ A $ NI A
B Other Optional Insurance Paid to Insurance Company or Companies
(Describe~/ A Terrfll.:..../ A ___ _ (Describef'Y A Ter#'-'/ A-'------
C Official Fees Paid to Government Agencies Sit OF PA 1rPA TIRE TAX S~ OF PA toTRANSFER FEE s~ OF PA roTemp Tag
D Optional Gap Contract E Government Taxes Not Included in Cash Price F Government License and/or Registration Fees
Registra G Government Certificate of Tille Fees
(Includes $ 24 00 security Interest recording fee) H Other Charges (Seller must ldenUly who Is paid and
describe purpose/
to for Prior Credit or Lease Balance RGSOURCE toSERV. CONT.
Wtl/A R£G USA 1c£ lectronic Regi Fli!ED BEANS CHEV tdiJEALER FEE BIDRKS 1ci.OCAL COUNTY FE Nt6A 1c!tl/A Nt6A tcttl/A Nt6A trltl/A Nt6A fr!tl/A Total Other Charges and Amounts Paid to Others on Your Behalf
5 Amount Financed (3 + 4)
6 Finance Charge
7 Total of Payments-Time Balance (5 + 6)
$ N/A
$ NIA $ N/A
$ 5.00 $ N[A $ 28.00 $ 595.00 $ N/A
$ 36.00
$ 75.00
$2334.63 s22aG.oo $ N/A $ 16.55 $ 138.00 $ 5.00 $ N/A $ N/A $ N/A $ N/A
$5519.18 @9242.80 $,1656.70 §0899.50
(4)
(5)
(6)
(7)
Home Office Addres~ ..... l"""A _______ _ /A Other opUonal insurance is not required to obtain credit. Your decision to buy or not buy other opUonal insurance will not be a factor in lhe credit approval process. N will not be provided unless you sign and agree to pay the extra cost. J want lhe insurance checked above.
X N/A Buyer Signature
X NlA Co·Buyer Signature l5iiie
THIS INSURANCE DOES NOT INCLUDE INSURANCE ON YOUR LIABILITY FOR BODILY INJURY OR PROPERTY DAMAGE CAUSED TO OTHERS.
Returned Cbe<:k Chal'!le: You agree to pay Iha cos1S we actually pay to olhera H any check you gll'e us is d"\Shonored.
OPTIONAi. GAP CONTRACT. A gap contract lde'b\ cance\lalion contracl) is nol required 1o oblaln cred"d end Y.\11 no\ be p«N\ded unless you sign below and agree to pay the extra charge. H you choose to buy a gap contract, the charge is shown in Item 40 ol the llemizalion of Amount Financed. See your gap contracl for details on the terms and conditions ii provides. II is a part of !his contract.
Tem75 M~E=S=07:'UR=C=E'-:-=-~.,--,.-Name of Gap Contract
I want to fl!ly a ga
BuyerSig~.
If you do not meet your contract obligatlons, you may lose the vehicle.
OPTION: D You pay no finance charge if the Amount Financed, item 5, is paid In full on or befoN/.~A ____ , ™A __ . SELLER'S JN/TJALtl~
NO COOLING OFF PERIOD State law does not provide for a "cooling off" or cancellation period for this sale. After you sign this contract, you may only cancel it if the seller agrees or for legal cause. You cannot cancel this contract simply because you change your mind. This notice does not apply to home solicitation sales.
HOW THIS CONTRACT CAN BE CHANGED. This conlract conlains~he1 ... ·r greement tween ou and us relating to this contract ~ny change to this contract must be In wmmg and we must sign ii. No oral changes are binding. Buyer Sign~~ . • Co-Buyer Signs ""X'---'-N.._/"""A _______ _ If any part of this contract is nol valid, all other parts stay valid. We may e ay or refrain from enforcing any of our rights under this contract without losing them. For example, we may extend the time for making some payments without extending the time for making others. You authorize us lo oblain information about you, or the vehicle you are buying, from the state motor vehicle department or other motor vehicle registration authorities. See back for other important agreements.
The Annual Percentage Rate may be negotiable with the Seller. The Seller may assign this contract and retain its right to receive a part of the Finance Charge. NOTICE TO BUYER. DO NOT SIGN THIS CONTRACT IN BLANK. YOU ARE ENTITLED TO AN EXACT COPY OF THE CONTRACT YOU SIGN. KEEP IT TO PROTECT YOUR LEGAL RIGHTS. ANY HOLDER OF THIS CONSUMER CREDIT CONTRACT IS SUBJECT TO ALL CLAIMS AND DEFENSES WHICH THE BUYER COULD ASSERT AGAINST THE SELLER OF GOODS OR SERVICES OBTAINED PURSUANT HERETO OR WITH THE PROCEEDS HEREOF. RECOVERY HEREUNDER B HE BUYER SHALL NOT EXCEED AMOUNTS PAID BY THE BUYER HEREUNDER.
Buyer Sign¥ oQt1/20/17 Co-Buyer SignsX N/A Date __ _
You agree to the terms of this contract. You confirm that before you signed this contract, we gave it to you, and you were free to take it and review it. You confirm that you received a completely filled-In copy when you signed it.
Buyer Signs¥~ ~ Da.M20/17 Co-BuyerSignsX N/A Date __ _ Co-Buyers and Other Ovmers - A co-buyer Is a person who Is responsible for paying the entire debt. An other owner Is a person whose name is on the title to the vehicle but does not have to pay the debt The other owner agrees to the security interest In the vehicle given to us in this contract
Other owner signs hereX N[A Address -F'-"T-..,..'::-+Hl-~,-,,,_------------Seller Signs FRED BEANS CHEVROLET of!.~/20/17 eyX Tille ___ _
Seller assigns its interest in this contract to
0 Assigned with recourse
II AW" FORM NO. 553-PA (REV,""'' U.S.PATENl'NO. "''""" ~ 02014 TheRtyno1d•andReyno1"Company TOORDER:www~l~;fb. t-8'6~1-9055 THf. PA1HreR MAKIS HO WARRANTY, EXPRESS OR 1MPUeD, AS TO COHTEKT' Oft mNEB8 FDA PURPOSE OFT1f19 FORM. CONBULTl'OUR OWN LEGAi.. COUNSEL.
(Assignee) under the terms of Seller's agreement(s) with Assignee.
0 Assigned with limited recourae
Tille
ORIGINAL LIENHOLDER
Case 5:17-cv-05628-JLS Document 1 Filed 12/15/17 Page 28 of 33
EXHIBIT 3
Case 5:17-cv-05628-JLS Document 1 Filed 12/15/17 Page 29 of 33
• • • • • LLAw· 553-PA 12/14 • • • • • • • • • • •· •
Pig. 8/15
RETAIL INSTALLMENT SALE CONTRACT SIMPLE FINANCE CHARGE
Dealer Number ------- Contract Number -------DEAL # 73470 Buyer Name and Address (Including County and Zip Code)
CHRISTOPHER M BROGAN 473 PENNSYLVANIA AVE READING PA 19606-9092 BERKS
Co-Buyer Name and Address (Including County and Zip Code)
Seller-Creditor (Name and Address)
ED BEANS CHEVROLET 45 N EASTON RD YLESTO~N. PA 18902
You, the Buyer (and Co-Buyer, if any), may buy the vehicle below for cash or on credit. By signing this contract, you choose to buy the vehicle on credit under the agreements on the front and back of this contract. You agree to pay the Seller - Creditor (sometimes "we" or "us" In this contract) the Amount Financed and Finance Charge in U.S. funds according to the payment schedule below. We will figure your finance charge on a daily basis. The Truth-In-Lending Disclosures below are part of this contract.
Make Mfg Gross Vehl· New/Used Year and Model cular Weight Vehicle Identification Number
SlBARU
USED 2D16 Ir PREZA JF1VA2M6XG9804797
FEDERAL TRUTH-IN-LENDING DISCLOSURES Total Sale
Price FINANCE Amount Total of CHARGE Financed Payments
ANNUAL PERCENTAGE
RATE The cost of
your credit as a yearly rate.
The dollar The amount of The amount you amount the credit provided will have paid after credit will to you or you have made all cost you. on your behalf. payments as
scheduled.
The total cost of your purchase on credit. Including
8.50 % $11656.70 §9242.80 ~0899.50
your down pa}'ment of
$ 0.00 IS
Your Payment Schedule Will Be: Number of Pa ments
75
N/A
Or As Follows:
N/A
Amount of When Payments Pa ments Are oue
678 . 66 Monthly beglnnl"B
Ul/03/2017
NIA
$50899.50
~ate Charge. If p~ent is not paid in lull within 10 days after it is due, you will pay a late charge. If the vehicle 1s a heavy commercial motor vehicle, the charge will be 4% of the part of the payment that is fate. Otherwise, the charge will be 2% at the part of the payment that is late. Prepayment. II you pay off all your debt early, you will not have to pay a penalty. Seeurity Interest. You are giving a security Interest in the vehicle being purchased. Additional Information: See this conlracl for more information including Information about nonpayment default, any required repayment in full before the scheduled date and security Interest. '
ITEMIZATION OF AMOUNT FINANCED (Seller may keep part of the amounts paid to others ) 1 Cash Price •
Vehicle s32591. 00 Accessories and Installation $ N /A
Government Taxes $ 113 2 • 6 2 Vehicle Delivery $ N / /l. Ill/ A forN/ A Ill/ A torN/ A $ ~~A Ill/A !orN/A $ NI~ ~AA forN/A :--.,.-:-N/:.,;.A,:..-
'llY torN/ A N/ til/A forN/A $ N/ till A lorN/ A $ A tillA $ N/A
torN/A $ N/A
2 Total Downpw.ment = Trade--m013 HYUNDAI GE Trade-1r/<_mlU6KJ\900100334
Gross Trade-In Allowance
Less Pay Off Made By Seller Equals Ne! Trade In
+Cash
(VIN)
(Model)
+Othe~IA ~~~~~~~~~~~~
(If lotal downpayment is negative, enter ·o· and see 4H below) 3 Unpaid Balance of Cash Price (1 minus 2)
4 Other Charges Including Amounts Paid to Others on Your Behalf
A Cost of Optional Credit Insurance Paid to Insurance Company or Companies ., ,., ~~:.:~-:a>' , , \
s33723.62
slGooo. oo s22334. 63
$-6334. 63 $ 4000.00 $ N/A
~-00 s33723. s2
(1)
(2)
(3)
Primary Use For Which Purchased Personal, family, or nousehold unless
otherwise Indicated below D business . D agricultural D
Insurance. You may buy the physical damage insur-ance this contract requires (see back) from anyone you choose who is acceptable to us. You are not required to buy any other Insurance to obtain credit.
If any insurance is checked below, policies or certificates from the named insurance companies will describe the terms and conditions.
Check the Insurance you want and sign below: Optional Credit Insurance
D Credit Life: 0 Buyer 0 Co-Buyer 0 Both 0 Credtt Disabllity: 0 Buyer 0 Co-Buyer 0Both Premium:
Credi\ Ufa$ N[A Credi\ Dlsab\llty $ NlA
Insurance Company Name NI A N/A
Home Office Address NI A N/A Greem life insurance and credit disability insurance are not required to obtain credit. Your decision to buy or nol buy crecfrt !fie insurance and credit disability insurance will not be a factor m the .credil approval process. They will not be provided unless you sign and agree to pay the extra cost. lf you choose this insurance, the cost is shown in Item 4A of the flemizaffon of Amount Financed. Credit Ute insurance pays the unpaid part of the Amount Financed if ~u die. This insurance pays only tha amotmt you .~~rd owe · you paid all your payments on time. Credtt d!sab1ffty insurance pays the scheduled paymenls due under lh1s contract while you are disabled. This insurance does not cover any increase in your payment or in the number of payments. The policies or certiffcates issued by the named 1~s~rance companies m~ further limit the coverage Iha! credit life .1~urance ~r credit isabi!ity Insurance provides. See lhe pollci.~ or certificates for coverage nmits or other terms and condttions.
Other Optional Insurance c:f'!/A N/A
Type of Insurance Term
Premium$ N[A
Description of Coveragil'! I A N/A
Insurance Company Name N l A N/A
Home Office Address NI A N/A [jl/A N/A
Type of Insurance Term
Premium$ N/A Description of Coverage
NIA N/A
~Insurance Company Name NI A /A Home Office AddressN I A
N/A I
Case 5:17-cv-05628-JLS Document 1 Filed 12/15/17 Page 30 of 33
(II total downp"" ls 3
U 'd -,ment negative, enter ·o• and see 4H below) npai Balance or Cash Price (1 minus 2)
4 Other Charges Including Amounts Paid to Othom on Your Behalf
A Cost of Optional Cmdil Insurance Paid to Insurance Company or Companies Lile Dlsabll/ty
Term N/ A Term N/ A
$ $
N/A N/A
B Olher OpUonal Insurance Paid to Insurance Company or Companies (Descnbe)NIA Te~/ A (Describe)N/A Te~·"'/""A,_..---
c Official Fees Paid to Government Agencies ~ol OF PA tolPA Tl RE TAX ~ OF PA torTRANSFER FEE ~ Of PA torTemp Tag
D Op!!onal Gap Con!racl E Government T8lCl!s Not Included in Cash Price F Government License and/or Registration Fees
Reg1stra G Government Certificate of TiUe Fees
(Includes$ 24. 00 securlly rntorest recording fee) H Other Charges (Seller musr Identify who is paid and
describe purpose) to for Prior Credit or Lease Balance
ij$50URCE torSERV. CONT. f'j(JA Ff#G USA ~ilectron1c Regi
fi/j?E.D BE.ANS CRE. v rolOEALER FEE tai!..OCAL COUNTY FE
t-{/A fo~/A t-{/A toNIA til(A fop"J/A
Total Other Charges and Amounts Paid to Others on Your Behalf
'>•--,..:..:..<,..:,,:....-ra,.,_. O::c:O::.......,, __ (2)
$33723. 62 (3)
$ __ N..:..../A_
$ _ __,,N,,.,.I A~ $ __ N..:..../A_
$ 5.00 $ NIA $ 28.00 $ 595.00 $ N/A
s, __ 3_s_. o_o_ $ __ 7_s_. o_o_
$ 2334.63 $ 2286.00 $ N/A $ 16. SS $ 138.00 $ 5.00 $ N/A $ N/A $ N/A $ N/A
uesenpt1on ot t:overage _.:.":..<...:..;~:..._-----N /A
Insurance Company Name ,_,N.1.-/!:!.A _____ _ N/A
Home omce AddressN,,,,L<..!A.!--------N/ A
Other opti011al insurance is not required to oblain credit. Your decision lo buy or nor buy other optional insurance will not be a factor In the credit approval process. It will nor be provided unless you sign and agree to pay the exrra cosr. I want the insurance checked above.
X NIA Buyer Signature
x N/A Co-Buyer Signature
THIS INSURANCE DOES NOT INCLUDE INSURANCE ON YOUR LIABILITY FOR BODILY INJURY OR PROPERTY DAMAGE CAUSED TO OTHERS.
Returned Chee~ Charge: You agree to pay \he casls we actually pay to olhera tt any check you give us ls dlshonored.
OPTIONAL GAP CONTRACT. A gap contract (doll\ cancet\a\lon contract) Is not required to obtain cred'n and wi!\ no\ be prll'JidOO unless you sign below and agree lo pay \he extra charge. It you choose lo buy a gap contract, the charge ts ShOl'IO ln Item 40 ol !he Itemization of Amount Financed. See your gap contract for de!afls on the terms and condillons it pr!Nides. I\ ls a part of \his conlract. Tenn7 5 Mos.R=E=SO.::,U~R,_,,C:::.E:::,..,,,..._,~--
Name ol Gap Con\rae\ I want to buy a gap conlracl.
Buyer Signs X
5 Amount Financed (3 + 4)
6 Finance Charge
$ 5519.18 ~9242. 80 ~1656.70 ~0899.50
(4) (5)
(6) (7) 7 Total of Payments-Time Balance (5 + 6)
If you do not meet your contract obligations, you may lose the vehicle . I O'PTION: 0 You pay no finance charge if the Amount Financed, Item 5, Is paid in full on or befo~/ A • VU,A __ . SELLER'S INITIAL~.L.d..._ I
I NO COOLING OFF PERIOD j State \aw does not provide for a "cooling off" or cancellation period for this sale. After you sign this contract, you may only cancel it if the seller agrees or for legal cause. You cannot cancel this contract simply because you change your mind. This notice does not apply to home solicitation sales. \
I HOW THIS CONTRACT CAN BE CHANGED. This contract contains the entire agreement between you and us relating to this contract. A~ c~~ to this contract must be in wliling \ and we must sign it No oral changes are binding. Buyer Signs x Co·Buyer Signs If any part of this contract is not valid, all other parts stay valid. We may delay or refrain from enforcing any of our rights under this contract without losing them. For exam~e. we may extend the time for making some payments without extending the time for making others. You authorize us to obtain information about you, or the vehicle you are buying, from the state molar vehicle department or other motor vehicle registration authorities. See back for other Important agreements.
The Annual Percentage Rate may be negotiable with the Seller. The Seller may assign this contract and retain its right to receive a part of the Finance Charge. NOTICE TO BUYER. DO NOT SIGN THIS CONTRACT IN BLANK. YOU ARE ENTITLED TO AN EXACT COPY OF THE CONTRACT YOU SIGN. KEEP IT TO PROTECT YOUR LEGAL RIGHTS. ANY HOLDER OF THIS CONSUMER CREDIT CONTRACT IS SUBJECT TO ALL CLAIMS AND DEFENSES WHICH THE BUYER COULD ASSERT AGAINST THE SELLER OF GOODS OR SERVICES OBTAINED PURSUANT HERETO OR WITH THE PROCEEDS HEREOF. RECOVERY HEREUNDER BY THE BUYER SHALL NOT EXCEED AMOUNTS PAID BY THE BUYER HEREUNDER.
Buyer Signs X ocll~/19/17 Co·Buyer Signs X N/A Date
You agree to the terms of this contract. You confirm that before you signed this contract, we gave it to you, and you were free to take it and review it. You confirm that you received a completely filled-in copy when you signed it.
Buyer Signs X oQW.19/17 Co-Buyer Signs X N/A Date Co·Buyers and Other Owners - A co·buyer is a person who Is responsible for paying the enllre debt. An other ~Os a person whose name fs on the title to the vehicle but does not have to pay the debt. The other owner agrees to the security Interest in the vehicle given to us in this con;.rJA .-......
Other owner ~fff 8e1! X N/ A Address I SenerSigns EAlilS CAE\lRO[ET oJil?./19/17 ByX \... po- litle
Senerassigns its Interest in this contract to ALLY FINANCIAL I 0 Assigned with recourse xxo Assign(~l'"~UI '""""\\,
... --- - -··-· --Seller' '·-- u1..i """ "' ,.. ·--- Bv -
,, AW FORM NO. 553-PA (REV.1"14) U.S. P>JEHTHO. 04'0,7'2 ~ 02014 Th• R.,.nold1 and Rtrnolds Compaff'f TOOROER:....,,~ t~;lu 1-8»631.SO.SS
THI! PRlNTER MAKES HO WARAAH'TY, EXPRESS OR lWnJED. AS TO COK1'EHT OR FTl'HEM FOR rl.IRl"O!I'! OFnftS FORlif, CONSULT"tOUft CPMf L!llll. COUN5a..
' \
"'\ (Assignee) under the terms of Sefle(s agreement(s) with Assignee.
~?t-1 0 Assigned with limited recourse
I Trtle
ORIGINAL LIENHOLDER
Case 5:17-cv-05628-JLS Document 1 Filed 12/15/17 Page 31 of 33
EXHIBIT 4
Case 5:17-cv-05628-JLS Document 1 Filed 12/15/17 Page 32 of 33
ally Appt/csuon Type:
() Individual 0 Business Trsnssctton Type:
0 RetaH 0 Lease
Desler Number
0 Balloon r Last Name lcr trade name d. busl"ess) First Middle Initial Sulfilc fJr.) Soc. Sec R for Tax ID ill
Cell Phone Number ~ Homo (Of buolne1511) Phone Numbor TYJl• ot Entorpri&e Q CO<!Joration Q Partnership Typo ol Business Ye:us 1n Bu&lne58
~ fE.M;j;-,;:;i,;;;;;;;-~--~--------L--------------.-::---,....,...,-L... __________ ~o::::'.....L~L~C:...._ __ .....:::0::::'.....P~r~op~rt~·~lor~sh~l~p_J...------------ir"'.'."----~--LV~e~M~S:...... __ r,;do~n~~~·----f :C E-Mall Adoress Present Address Zip Code City Stare
a:
~ tr~1m::'o~ru~P~r:es:e:n~tA~d:d~re:s:s---------,;.R~e-~-c-en_:_o~T~y-pe-----1----------------------------------------------.l.------------.l..--'T'M--on-th-ly~R-en-t/M".":"'o-n-ga-g-o~P~a-ym--en~t----j !Z VeM3 Mon1hs () Owns Out11ght () Buying Q Rent1n11Jl.eozlng 0 Family 0 O!her
~ Alimony• child support, or separate maintenance income need not be revealed If you do not wish to have it considered as a basis for repaying this obligalion.
:Jr:-~~~~~~~~~~~~~~~~~ ....... ~~~~~~~~~~~~~~~~~~-.-~~~~~~~~~~...., ~ Present Job T1tie PreS<nt Empleyer Employer Phono Number
~
l~T=i~m~c~a~t=Pr-.-•• -n-t~J~ob------------------------PG_r_o-ss-l-ncom---e--...Jl....-------------------------------------r-ln_c_om __ e_R_ec_e_w_e_d.1....-----------------------------l
Years Mo~rh~ Q Monlhly Q Ye.srty
r Los~ ~::ime :c~ ~r:i~e :i:ime ~ ~u~-:.c~) I Flt~ I Middle lnitin! I Sumx (Jr.) I Onie c! S<r.h I Sac Sec #(ll'T:!XIO#)
z 0 j:: < :s a: 0 u. ~ 1-z < (.)
:J n. Q. <C 6 0
L
r ~ z 0 w (/) :::> 1%: w ..J
~ a
l
Home !« eue1~'cs1 Ptlo~e Numt:er I Cell P~::.ie Numb<' I Type d Enterpno<! 0 Corporation 0 Partnership I Type of Buelness I Veers 1n Business
0 LLC Q Prop1ielorship Ye2us Months E·Mnil Addres~ I Presenl Address 'Zip Code l Cicy \Stale Time :s~ Precer.t Ad:fre~s I Resioence Type ' Monthly Rent/Mort.gage Payment
Yoars Mcnihs 0 Owns Outright 0 Buying 0 Rentinglt.aasing ()Family Q Other
Alimony, child supporl. or separate mainlenance income need not be revealed if you do not wish to have it considered as a basis for repaying this obligation.
Pres:nt Job TrJe f Present Employer I Employer Phone Number
Time a1 Prc10enl Job r"'"" lnccrne I Income Received
Vea rs M:>nths Q Monlhly Q Yearly
Intended Use VIN Vehicle Yoer Make J Model ,.., p.....,.,., 0 Busln""" •.._;
•of Untto ---- Stylo!Ttlm I Mileage Cylinders Trad& Vohldo Vear Trade Mako
~w/Ulled
CNew O Demo Trade Model I Cash Selling Price/Cap Co&I r~·s Tltle.1.lc.IReg /Other Fee6
c U-d c c.rtllled 1199d
C Auction Cesh Oo.inpayment I Rebate I Trade A!towance I Trade Balance Owed
Speefal Programs Servicen..1alnl. Conbacl
rAP I Olher Insurance
0 Colr•g•Grod 0 c .. d~LI,..
0 Com TRAC 0 Ctmom Pmt. PJ.n Credit Ltte I Credit Disability Torm I Est. Monthly Payment
0 I.Im"" to Retail 0 SmattBeglnnlnga MSRP I Wholesale (EDC/AWV) Von ConverslonlUpf~ Cost I Security ~eposir
c L-LO)'lllly O Slnglo Pml. LA,.
Co-Applicant ______ (initials only)
See Page 2 for Important noUces. By signing below, I certify that I have read and agree to the terms of this application Including terms on Page2.
-----------------------Date-~--- Date----Applicant's Signature Co-Applicant's Signature
3071 JOINT 71'ZD1D (Joint Express Applicalion) Copyright 2010 Ally Fln•nclal. AU Rights Reserved. Page 1 of2
·-
Case 5:17-cv-05628-JLS Document 1 Filed 12/15/17 Page 33 of 33
ClassAction.orgThis complaint is part of ClassAction.org's searchable class action lawsuit database and can be found in this post: Fred Beans Motors of Doylestown Facing Class Action Over Retail Installment Contracts