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Can the car dealer be held accountable for tell you your approved for a car loan?
Wiki User
∙ 16y ago
Nope, if an error was made in telling you that the loan was approved and the loan was in fact not approved then the deal is off. If you want to sue I am sure you can find an Lawyer that will take your money. Hint: WALK AWAY.
Wiki User
∙ 16y ago
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What happens if your car loan is approved but you still owe the dealer money?
You will have to prove to the dealer that you are waiting to get the money. Show the dealer your loan approval documents.
What is a pre-approved car loan?
A pre approved car loan is a loan where the car dealer or banks have already run your credit. They have determined how much money they will lend you and what you can afford to buy.
How long does it take a auto dealer to know the bank approved your loan?
minutes or second depends on the computer the dealer is using
Can you buy a car in north carolinda through approved dealer loan without a license?
yes.
What happens to the co-signers credit if the owner of the vehicle doesn't pay?
As the co-signer, you have vouched for the loan and can be held accountable for the balance.
Who pays the car loan after death?
The executor is required to resolve all loans and debts. If there are co-signers on the loan, they may be held accountable. If there are not enough assets to pay off the debts, they are not resolved.
Who is responsible for car finance after death?
The estate has to resolve all debts. If there are co-signers to the car loan, they may be held accountable. If there are not enough assets to pay off the loan, the car will have to be sold.
If you tell an auto dealer that you have a job when you know you are quitting that job can you get in trouble?
If they have already approved your loan, you won't get in trouble. If you have trouble paying your loan because you don't have a job, your car will be repossessed.
You were notified the loan was not approved and you needed to return the car you never returned the car or had it registered in your name and it was never repossessed how do you get rid of it?
Return it to the dealer.
Which is better dealer or private car loan?
Private. I suggest getting pre-approved at your bank / credit union, and see if the dealer can beat that rate, as some dealers will arrange financing with a local bank. Private party car loan you can say it in other words personal car loan or person to person car loan where individual can get car loan without cosigner help.
Can a payday lender sue you if you were not approved for the loan?
No. If you were not approved for the loan, no loan was made and therefore you don't have any responsibility to the lender.
If you're pre-approved for a loan does that mean that you get it?
Being pre-approved means that if you apply for the loan, you will get it.
