Auto Contracts

[Lashon26]

I applied online for an auto loan. I filled out a genetic application. The application asked was I employed, i said yes. It also asked how long, I said 4 years. The people from the auto loan place called me and they verfied all my information, but they didn't ask me how long I was employed at my present job. The auto dealer also called and verified my information with my job. I was approved for the car loan. I signed all the papers and I took the vehicle home. I purchased this vehicle on Feb. 8, 2000. Now the auto company said that I have to give the vehicle back because they did not tell the loan company the correct employed time at my present job. What should I do? My payment for the vehicle is due Mar 9.

 

[msattorney]

So, did you fill out the correct length of employment in the online ap? If so, then if the auto dealer told the loan people the wrong information--as long as you did not give them any wrong informtion--then I think the dispute is between them. Is there a reason to believe you might default on this loan? If not, assure the loan company of your ability to handle the loan. Hopefully, you have a copy of the online application to show them. Remember to always make a copy of any application you fill out. It is your only proof.