Car Draler Fraud Coached Repo
This is a tricky scam that dealerships use for individuals that may be upside down (owing more money than the cars worth) in their car payments. If the buyer can’t seem to get out of their old car because they owe too much money and can’t get a new loan, the dealership would coach them to stop making payments and to have their car repossessed. The buyer is told if their old car is repossessed the dealership will just take the car and cancel the debt, which is not true. In actuality this can destroy the buyers credit and makes it difficult for other purchases they may need to make later.
Car Draler Fraud Coached Repo
***Note This page is an Archieve of Publicly released information either through our company or another Press Release organization. We do not "fact check", "Support", nor "Dispute" any of the information provided to us. We are a distribution point and Historical press release research and search service. This information only represents the fact that at one point in time the release was distributed to 1000's of publications both online and off. PRNewsNow will not take sides in any personal or commercial disputes you have with the writer of this press release. We will defend its right to exist blindly and without regards to its political, commercial or personal implications.***
