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QUESTION

Can an auto finance company change their minds after they approved the loan?

Asked on Sep 24th, 2012 on Business Law - California
More details to this question:
once they found out your credit score dropped !
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1 ANSWER

Hilary B. Miller
Litigation Attorney serving Greenwich, CT
Partner at Hilary B. Miller
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As a general matter, yes. "Approving" your credit does not create a legal obligation on the part of the lender to make a loan.
Answered on Sep 29th, 2012 at 10:38 PM
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