Legal Question in Credit and Debt Law in Minnesota
Can a car dealership change the information on a car loan? They flip flopped the borrower and the co-signer because the co-signer did not have a good credit rating. (college student) They did not notify the borrower or the co-signer that they switched them around.
Asked on 9/23/09, 3:16 pm
1 Answer from Attorneys
David Anderson
Anderson Business Law LLC
They can try, but obviously, unless the borrower and co-signer agree and sign accordingly, it won't be possible without a forgery which is a crime.
Answered on 9/28/09, 4:14 pm