State Cap Auto Finance Inc.

Company Details

Name:	State Cap Auto Finance Inc.
Jurisdiction:	Rhode Island
Entity type:	Foreign Corporation
Status:	Revoked Entity
Date of Organization in Rhode Island:	06 Mar 2014 (11 years ago)
Date of Dissolution:	30 Dec 2020 (4 years ago)
Date of Status Change:	30 Dec 2020 (4 years ago)
Identification Number:	000910863
Place of Formation:	MASSACHUSETTS
Principal Address:	725 B STATE ROAD, WESTPORT, MA, 02790, USA
Purpose:	FINANCE MOTOR VEHICLE LOANS

Industry & Business Activity

NAICS

522220 Sales Financing

This industry comprises establishments primarily engaged in sales financing or sales financing in combination with leasing. Sales financing establishments are primarily engaged in lending money for the purpose of providing collateralized goods through a contractual installment sales agreement, either directly from or through arrangements with dealers. Learn more at the U.S. Census Bureau

Agent

Name	Role	Address
CORPORATION SERVICE COMPANY	Agent	222 JEFFERSON BOULEVARD SUITE 200, WARWICK, RI, 02888, USA

PRESIDENT

Name	Role	Address
MANUEL SARMENTO	PRESIDENT	101 MONTAUP STREET SOMERSET, MA 02726 USA

Filings

Number	Name	File Date
202082889850	Revocation Certificate For Failure to File the Annual Report for the Year	2020-12-30
202055116600	Revocation Notice For Failure to File An Annual Report	2020-09-16
201986886110	Annual Report	2019-02-18
201877573040	Annual Report	2018-09-17
201875609110	Revocation Notice For Failure to File An Annual Report	2018-08-24
201734343720	Annual Report	2017-02-18
201693274730	Annual Report	2016-02-27
201579439130	Annual Report	2015-09-16
201576520390	Revocation Notice For Failure to File An Annual Report	2015-08-18
201436830050	Application for Certificate of Authority	2014-03-06

CFPB Complaint

Complaint Id

Date Received

Issue

Product

10383271

2024-10-08

Repossession

Vehicle loan or lease

Issue	Repossession
Timely	Yes
Company	State Cap Auto Finance, Inc
Product	Vehicle loan or lease
Sub Issue	Loan balance remaining after the vehicle is repossessed and sold
Sub Product	Loan
Date Received	2024-10-08
Submitted Via	Web
Company Response	Closed with explanation
Consumer Disputed	N/A
Date Sent To Company	2024-10-08
Complaint What Happened	For starters I explained my situation, and the dealership put me in the same situation. Along with over charging they charged me XXXX for a XXXX XXXX XXXX when the value was XXXX XXXX which I put down XXXX XXXX XXXX and my car payment was XXXX a month. Doesnt seem fair I had lost my job and asked for time which they did not do they took it. Then wanted towing fee. I am still trying to get back on my feet I have a job working with XXXX children for how long I dont know because I need a vehicle and dont have one
Consumer Consent Provided	Consent provided

2390207

2017-03-16

Problems when you are unable to pay

Consumer Loan

Issue	Problems when you are unable to pay
Timely	Yes
Company	State Cap Auto Finance, Inc
Product	Consumer Loan
Sub Product	Vehicle loan
Date Received	2017-03-16
Submitted Via	Web
Company Response	Closed with explanation
Consumer Disputed	No
Date Sent To Company	2017-06-30
Company Public Response	Company has responded to the consumer and the CFPB and chooses not to provide a public response

Date of last update: 18 Oct 2024

Sources: Rhode Island Department of State