Signet Financial Group A company scam in not returning a full purchase price refund if the service contact was never used. Vacaville, California

Everytime I hear of a service contract having problems and not performing as agreed, it is represented by the same old agents that have had same old problems with other companies and the same dealers that don't know enough to look into the company's back ground and insurance coverage.

This is an age old problem. It is the dealer that is responsible for researching the agent's reputation and their responsibility to know if the company the agent represents is reputable. Any dealer that stays with any agent that brought him a bad product once, such as Signet, will do it again and shame on that dealer for not knowing the difference between a good agent and a bad one. As an agent of reputable companies, I have these suggestions for customers that are considering coverage.

1. Never, Never buy online. Purchase your coverage from the dealer you are buying the car from. That way if you have a problem you can at least hold the dealer partially responsible and if they care at all about their reputation, they'll step up and help you out.

2. Ask your dealer who is backing the coverage provided by an administrator such as Signet. If they can't tell you that in the event the dealer or the administrator go out of business you are covered for future repairs or cancelations by an "A rated" insurer, don't buy it...

3. Be sure to do your own research. Google and Yahoo are valuable tools when shopping for anything, but even more so when you're dealing with a company you've never heard of. There are hundreds of reputable service contract providers and only a few bad ones. The internet is a great place to determine the difference.

4. Lastly, do the same for the dealer you choose to buy your car from in the first place. Any car you're looking at could be bought at another dealership. Don't make your decisions impulsively and be sure you're dealing with reputable dealer. Reputable dealers generally don't sell uninsured, under insured or poorly funded service contracts.

AND LASTLY...MY ADVISE FOR DEALERS... GET YOUR HEAD OUT OF YOU &$$ AND KNOW THAT ANY AGENT THAT WOULD SET YOU UP WITH THIS KIND OF CRAP DOESN'T GIVE A d**n ABOUT YOUR REPUTATION!!! They know better and if they don't, do you really want them in your F&I department?

Everytime I hear of a service contract having problems and not performing as agreed, it is represented by the same old agents that have had same old problems with other companies and the same dealers that don't know enough to look into the company's back ground and insurance coverage.
This is an age old problem. It is the dealer that is responsible for researching the agent's reputation and their responsibility to know if the company the agent represents is reputable. Any dealer that stays with any agent that brought him a bad product once, such as Signet, will do it again and shame on that dealer for not knowing the difference between a good agent and a bad one. As an agent of reputable companies, I have these suggestions for customers that are considering coverage. .

1. Never, Never buy online. Purchase your coverage from the dealer you are buying the car from. That way if you have a problem you can at least hold the dealer partially responsible and if they care at all about their reputation, they'll step up and help you out.

2. Ask your dealer who is backing the coverage provided by an administrator such as Signet. If they can't tell you that in the event the dealer or the administrator go out of business you are covered for future repairs or cancelations by an "A rated" insurer, don't buy it...

3. Be sure to do your own research. Google and Yahoo are valuable tools when shopping for anything, but even more so when you're dealing with a company you've never heard of. There are hundreds of reputable service contract providers and only a few bad ones. The internet is a great place to determine the difference.

4. Lastly, do the same for the dealer you choose to buy your car from in the first place. Any car you're looking at could be bought at another dealership. Don't make your decisions impulsively and be sure you're dealing with reputable dealer. Reputable dealers generally don't sell uninsured, under insured or poorly funded service contracts.

AND LASTLY...MY ADVISE FOR DEALERS... GET YOUR HEAD OUT OF YOU &$$ AND KNOW THAT ANY AGENT THAT WOULD SET YOU UP WITH THIS KIND OF CRAP DOESN'T GIVE A d**n ABOUT YOUR REPUTATION!!! They know better and if they don't, do you really want them in your F&I department?

"Class Action Lawsuit"..Really?  You've been watching too many legal shows on TV.  If you knew what was really required to get a Class Action going you would realize how silly that statement was, especially in this case.

If they have gone out of business exactly who would you file a suit against?