Legal Question in Consumer Law in Illinois

Car Deal

I recently purchased a car about 3 weeks ago. My first payment is due on the 12-24-00.Two weeks after

I purchased the car and drove it home the dealers finance manager calledsaying''That i have to go over there right away and sign a new contract at 9.9%apr''.

Instead of 6.9% after I have a signed contract stating that I qualivy for the 6.9 apr. IS that normal or legal?What can I do?


Asked on 11/30/00, 2:45 pm

1 Answer from Attorneys
Lawrence A. Stein Aronberg Goldgehn Davis & Garmisa, LLC

Re: Car Deal

Don't sign any new papers. Make your normal payments, and get a statement from the lender to verify the interest rate you are being charged is the one you agreed to. If you are being overcharged, contact an attorney.

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Answered on 12/04/00, 11:32 am


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