Legal Question in Consumer Law in California
Purchasing an automobile on ''Credit Approval''
I signed a contract to purchase a car. It's been 10 days since the purchase. They still don't have a bank to finance me under the terms of the contract. How long do they have to find a lender before I can ask for my trade in and/or money?
Asked on 10/13/02, 12:08 am
1 Answer from Attorneys
Alvin Tenner
Law Office of Alvin G. Tenner
Re: Purchasing an automobile on ''Credit Approval''
10 days. If you have recieved a credit rejection notice, the contract is void and you can get back your down and trade in.
Answered on 10/15/02, 11:17 am
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