Re: [Help] Dealership Cosigning????

Author	All Replies
FlexBaud Happiness Again Premium join:2004-10-06 Pensacola, FL clubs: ·Cox HSI	reply to no_one Re: [Help] Dealership Cosigning???? Huh? Your post just confused me. No, The letter arrived today from the bank saying that the loan was denied and we would need to pay more of a down payment because they would only fiance X amount of dollars or we would need to take the car back to the dealership. However, the customer called the bank and the bank said that the dealership "cosigned" the difference and the loan is still active. If so, wouldn't that void the orgional contract and need to sign a new contract stating that the dealership has cosigned on the loan? This is all very confusing.
	to forum · permalink · · 2008-07-07 23:00:13 · (locked)
X Man Sober Premium join:2005-09-05 USA	said by FlexBaud : However, the customer called the bank and the bank said that the dealership "cosigned" the difference and the loan is still active. If so, wouldn't that void the orgional contract and need to sign a new contract stating that the dealership has cosigned on the loan? This is all very confusing. You can demand that the deal be called off. They can't force you to put down more than you agreed to by assuming a "note" for you that you never asked for. Call the dealer and tell them, no dice. Mike -- My Photostream.
X Man Sober Premium join:2005-09-05 USA	to forum · permalink · · 2008-07-07 23:06:44 · (locked)


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