Legal Question in Credit and Debt Law in Nevada

Reposession bank could not finance me

i recently went to purchase a used vehicle at a small dealership. we signed all the legal documents. 2 weeks later the bank had called and said the loan was denied because i was not at my current job for 6 months. this is the reason they had gave me. they took my vehicle back. i had payed 1,100 as a downpayment. i made no damage to vehicle. they said i do not get any of my downpayment back. had vehicle less then 2 weeks. what should i do?


Asked on 7/15/07, 3:16 am

1 Answer from Attorneys
Jeffrey Cogan Jeffrey A. Cogan, Esq., Ltd.

Re: Reposession bank could not finance me

You are getting ripped off. They are required to give you all of your down payment. I would file a complaint with the DMV and if they don't get your money back, I would sue.

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Answered on 7/16/07, 10:26 am


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