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Can a car dealership cash your check that was used for down payment if you were never approved for financing?
A check given to the dealership will be cashed. This is normal in business.
Whether they can keep the money or have to return it is based on what your purchase agreement reads.
Where I live if the purchase agreement has "Subject to financing" on it the down payment must be returned if the dealer can not get you financing and you can't get outside financing.
If it does not have that in it they get to keep the money.
What else can I help you with?
Do you have a used car dealership that offers financing options for customers with no credit needed?
Yes, we have a used car dealership that provides financing options for customers without requiring a credit check.
What would result from having my bank put a stop payment on my check for used car downpayment to Honda dealership even though car financing is through an out of state lending institution?
Stopping a check on a car that has already been signed for is a breach of contract. Doing so will allow the dealership to pursue for costs that were promised to be paid.
Why did the car dealership run my credit multiple times?
The car dealership ran your credit multiple times to check your creditworthiness and determine the best financing options for you.
How can I obtain a cashier's check for purchasing a car at a dealership?
To obtain a cashier's check for purchasing a car at a dealership, you can go to your bank or credit union and request a cashier's check for the amount needed to buy the car. Make sure to bring the necessary funds to cover the check and provide the dealership with the cashier's check as payment.
Where can one find information on car loans?
The first place to start with car loans is at a local dealership. They usually have all the information regarding financing thru their company. Check with local banks for outside financing.
Where can you get free information about car financing?
You can get free information about car financing from either a bank or a car dealership. You might also want to check with your insurance company. If you are buying a car from a dealer, I would talk with them first.
How long does a car dealership have to pay off the financing on a trade in?
I don't know but you might want to check out the following site: http://www.consumeraffairs.com/automotive/dealers_nv.html
Do orthodontists have a payment plan for braces?
Yes, many orthodontists offer payment plans for braces to help make treatment more affordable. These plans often include options for monthly payments and may require a down payment. Additionally, some practices work with financing companies to provide extended payment options. It's best to check with individual orthodontists about their specific payment plans and financing arrangements.
Can you stop payment on a check after taking delivery of the vehicle?
Once you drive the vehicle away from the dealership you have taken possession of it and cannot stop payment for any reason without committing fraud.
Who has the best deals with financing available on cargo trailers in the Dallas area?
You should check with your banking institute and find out what financing options they have. They are going to be your best bet for financing rather than going through the dealership. When you go to purchase your trailer, I would suggest going to Hawn Freeway Trailer Sales. They have a great selection of trailers and they do offer 9.9% financing if you qualify.
Why did the car dealership run my credit 7 times?
The car dealership ran your credit 7 times to check your creditworthiness and determine the best financing options for you. Multiple inquiries may occur if you are shopping for the best loan rates within a short period.
How is the payment of workmens compasition insurance set up?
Once a Workman's Compensation claim is approved, payment will then start. Workman's Compensation can either send you a check for your payment or you can set up a direct deposit so the payment will automatically go into your bank account.
