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Home | Bad credit car loans tips | "Subject To Financing": why the dealer called you 2 weeks later to re-sign your auto loan

Subject To Financing : why the dealer called you 2 weeks later to re-sign your auto loan

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"Subject To Financing": why the dealer called you 2 weeks later to re-sign your auto loan

New car financing at the dealer can be a headache. The "Subject to Financing" clause appears on paperwork of all new car loans. It means the deal is not done, yet you think you are signing a contract. Then 2 weeks later the car dealers calls saying "your new car loans fell through." They knew what APR you qualified for when you bought the car, a common auto loans scam, usually pulled on people with bad credit. You should not buy a new car first then worry about new car financing. Sometimes dealers call and say they found you a lower APR, come on back down and re-sign the paperwork! Oh, Really? Have them fax you over all the new figures and APR in writing, and make sure they did not increase the number of months, or payment, or anything. Otherwise do not re-sign any contracts. This is why we are big proponents of online new car loan. Don't get stuck with a bad credit auto loans if it's not necessary. This would have been avoided if you used online auto financing.

 
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BAD CREDIT CAR LOAN TIPS

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"Subject To Financing": why the dealer called you 2 weeks later to re-sign your auto loan
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