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berkon123

Yo Yo Financing

370 views 7 months ago
Award Winner for Excellence in Investigative Reporting from The National Consumer Law Center/National Association of Consumer Advocates. The report also spurred a Congressional investigation. When is a done deal not really a done deal? When your car dealer says so. Even after you've signed a contract, and traded in your old car, dealers in many states can demand you return your new vehicle unless you agree to pay higher interest or make a bigger down payment. Experts say the dealer has you on a string like a yo yo. You drive off the lot... but then you have to come back if you want to keep your car. This can leave the most vulnerable consumers with no options. Show less
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