i went into a used car dealership. Mind you, this is a big name dealer with a good reputation. They ran my credit and told me okay we found a bank that will approve you for $14,000. I said great! went out into the lot, found a car i LOVE and said thats the one. The salesman and finance manager drew up papers as to how much it would cost etc... but they didnt give me the loan papers right then and there because supposedly the bank was now closed and ill have to go back monday to sign the loan docs and find out what my payments would be. In the meantime he had me sign off on other docs just from the dealer, not the lender and said if i can provide proof of insurance i can drive it off today. I did just that and Saturday evening, i drove home in my new car!
Well today during my lunch hour i went back to sign the rest of the docs and they tell me...oops, sorry the bank is now only approving you for 8000 so youll have to come up with an extra 5 grand if not, i have to give the car back!
2007-08-20
11:30:13
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10 answers
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asked by
Anonymous
in
Credit