QUESTION
What can be done if can bank recall the loan?
Asked on Mar 13th, 2013 on Foreclosures - California
More details to this question:
My son purchased a car no money down. He’s had it about 3 weeks. He changed job with less pay. Car dealer called, said bank recalled the loan and have to take the cat back. First payment hasn’t even come due yet. Can they do that?
1 ANSWER
Yes they can. This can be a dealer finance trick. So be careful.
Answered on Mar 14th, 2013 at 5:40 AM