Legal Question in Consumer Law in Georgia
contract
i signed for a new car with loan interest for 3yrs. The car is still in car lot not driven out till today. i would like to know if i could pay off the total cost price of the car without having to pay for the interest.
Asked on 9/04/07, 3:11 pm
2 Answers from Attorneys
Scott Riddle
Law Office of Scott B. Riddle, LLC
Re: contract
Read the contract you signed, with the terms you agreed to and presumably understood before signing.
Answered on 9/04/07, 3:13 pm
Glen Ashman
Ashman Law Office also dba Glen Ashman Attorney
Re: contract
That depends on the contract you signed. If the contract has no prepayment penalty you'd only owe interest accrued until the date you pay it.
Answered on 9/04/07, 3:16 pm
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