Legal Question in Consumer Law in Iowa
A dealership associate mislead a bank in a car loan, used a 17 year old as a co signer, but told the bank giving the loan, a different birthdate. The sales associate knew and fully aware of the 17 year old's age, but still went ahead and changed the birthdate without letting anyone know. Is there anyway to get out of the loan or is it null and void?
Asked on 7/19/12, 8:48 pm
1 Answer from Attorneys
Thomas Moens
Moens Law Offices, Chartered
Your facts are a little sparce, so I am guessing that you are at least 18 years of age. Unless you are the 17 year old, nothing in your question indicates to me that you could "get out of the loan." The 17 year old MIGHT not be liable, but that would depend on the specific facts of your situation. In any event, a complete review of the relevant documents would be required to give you an answer.
Answered on 7/20/12, 1:57 pm
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