Legal Question in Business Law in Florida
My granddaughter's dad purchased a car for her and he can't afford it. They told him on the phone he qualified for a loan and his payments could be at the limit he told them of $300. He couldn't afford this either. His payments are over $400. and Capital One agreed to finance it at 16.9% for 6 yrs. They lied to get him in there and sold him something they knew he could afford. He has a bad credit score too. Is this fraud. He tried on the next business day to talk with them and they said there was nothing they could do. I see them as liars and this seems like fraud. Not sure.
Asked on 5/22/13, 10:24 am
1 Answer from Attorneys
Jane-Robin Wender
Wender Law, P.A.
Not fraud if he signed it and it stated the terms. It's his responsibility to read full contract and not sign what he did not agree to.
Answered on 5/28/13, 8:44 pm
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