Legal Question in Consumer Law in Florida
cars purchase
I just purchase an used car, when I got home with the car,I find that the interest was to high.so i called dealer to add a co-signer to my contract but, they told me that I couldn't do that . but I understood that I had three day grace period.what can I do
3 Answers from Attorneys
Re: cars purchase
If the interest is too high, why would a cosigner help anything? If the cosigner wants to help make payments, they can do that without being on the note
Re: cars purchase
3 day grace period for what?
what made you think that?
Re: cars purchase
NOTE: This communication is not intended as and should not be interpreted as legal advice. Rather, it is intended solely as a general discussion of legal principles. You should not rely on or take action based on this communication without first presenting ALL relevant details to a competent attorney in your jurisdiction and then receiving the attorney's individualized advice for you. By reading the "Response" to your question or comment, you agree that the opinion expressed is not intended to, nor does it, create any attorney-client relationship, nor does it constitute legal advice to any person reviewing such information, nor will it be considered an attorney-client privileged communication. If you do not agree, then stop right here, and do not read any further.
Grace periods are for the repayment of a loan. I believe what you meant to say is that you thought there was a 3 Day Right of Recission in case you changed your mind but there is no such recission period. Once you buy a car, it is yours. If someone is going to help you pay the loan, they can do that voluntarily without having their name on the papers.
Scott R. Jay, Esq.
Related Questions & Answers
-
Cheating car dealer. I called a used car dealer about a car that was advertised on... Asked 10/03/07, 1:08 pm in United States Florida Consumer Law
-
Florida puppy lemon law how long do you have to replace a puppy or refund the buyers... Asked 10/03/07, 1:02 am in United States Florida Consumer Law
-
GAP INC Exposed my SSN and INFORMATION ok i just got a letter in the mail from gap... Asked 10/02/07, 5:01 pm in United States Florida Consumer Law
-
Is a bank allowed to close one's account Recently I was implicated in a check fraud... Asked 10/02/07, 10:52 am in United States Florida Consumer Law
-
Used Vehicles Can I return a used vehicle I'm financing with no warranty that I... Asked 10/01/07, 4:45 pm in United States Florida Consumer Law