D
Diamond
Guest
loan approved? I went to trade in my car at Tom Jumper Chevrolet USA- world's largest Chevy Retailer on April 12, 2008 which was on the weekend. I signed all of the paperwork thinking the loan had been approved. Afterwards I was told that the loan had not been approved due to it being a weekend and the banks are closed or don't do loans on the weekend which worried me a lot being that I was been given a BRAND NEW (only 12 miles on it) car to drive without an approved loan. I was then told by the finance manager that they would not let me drive off with the car if they weren't sure that the loan would get approved. Now it's April 21st and the loan still has not been approved but was told that one bank approved me but I may need a co-signer which I don't have. I asked what's taking so long and was told that they were "picking at things" (whatever that means) and was reassured that they will get the a loan approved. If the loan is not approved, what should I expect to pay for this NEW CAR?
He said he's going to keep working at it to get the loan approved and that he's plucking at certain banks.
Why not tell me to bring the car back and get my trade-in back until they can get an approval because the car's value is going down everyday that I drive it.
What happens to my trade in like what if someone has already purchased it?
What happens to my downpayment?
He said he's going to keep working at it to get the loan approved and that he's plucking at certain banks.
Why not tell me to bring the car back and get my trade-in back until they can get an approval because the car's value is going down everyday that I drive it.
What happens to my trade in like what if someone has already purchased it?
What happens to my downpayment?