Jul
24
flutterbyekisses21 asked:
on 11/4 I purchased a vehichle from a used car dealer. I used my prior vehichle as a trade in and was given enough trade allowance to provide a decent down payment. The sales person and I had to fed ex contracts back and forth for various reasons, and by the time we did the final contract(1/5/2007), I abruptly lost my job(1/9) .Now the company that had the the financing will not go through with the loan. Now the lady is telling me that I not only have to return the vehichle, but shes also telling me that I must pay the “negitive equity” from the trade that was supposed to be my down payment. If they gave me xx,xxx.xx$ for my truck, &x,xxx.xx went to pay off the existing loan for that truck, the $x,xxx.xx remaining should be returned to me if they cant put in me in a new vehicle, Correct? Im feeling a little pushed around and would like to get some idea of whats up before I head to the family law office.
I should add that although I was fired, I was blessed enough to turn around and join another company right away. The car dealers response to this: ” You havent been on the job long enough, and WE cant let this sit untill you get verifiable proof of income”…let it be known that i was on my prior job for 6 years, so it isn’t as though I have an unproven track record in my career that would cause them to balk at financing.
Sheila
on 11/4 I purchased a vehichle from a used car dealer. I used my prior vehichle as a trade in and was given enough trade allowance to provide a decent down payment. The sales person and I had to fed ex contracts back and forth for various reasons, and by the time we did the final contract(1/5/2007), I abruptly lost my job(1/9) .Now the company that had the the financing will not go through with the loan. Now the lady is telling me that I not only have to return the vehichle, but shes also telling me that I must pay the “negitive equity” from the trade that was supposed to be my down payment. If they gave me xx,xxx.xx$ for my truck, &x,xxx.xx went to pay off the existing loan for that truck, the $x,xxx.xx remaining should be returned to me if they cant put in me in a new vehicle, Correct? Im feeling a little pushed around and would like to get some idea of whats up before I head to the family law office.
I should add that although I was fired, I was blessed enough to turn around and join another company right away. The car dealers response to this: ” You havent been on the job long enough, and WE cant let this sit untill you get verifiable proof of income”…let it be known that i was on my prior job for 6 years, so it isn’t as though I have an unproven track record in my career that would cause them to balk at financing.
Sheila
Oct
21
Is it possible to get a poor credit loan for a car of my choice?
Filed Under Buying & Selling | 7 Comments
ATLANTIS asked:
I want a specific car. I noticed with every poor credit auto loan lender they have to give you a car of their choice. How can I get what I want with a cosigner. I don’t want to be declined again.
ALLEN
I want a specific car. I noticed with every poor credit auto loan lender they have to give you a car of their choice. How can I get what I want with a cosigner. I don’t want to be declined again.
ALLEN
Feb
21
Francis H asked:
Personal contacts between car dealership and consumer
JOE
Personal contacts between car dealership and consumer
JOE