Does the 3 day right of recission law apply to car loans.?
Asked on Nov 16th, 2014 on Consumer Law - New Jersey
More details to this question:
i was not given a detailed list of the charges for various items i requested on the vehicle. there is a charge for $1750.00 for an item i did not request,,nor was i asked if i wanted said item..the original loan payment quote was less then the quote i was given when signing the loan papers.the dealers quote they stated to pay off the existing loan on the vehicle i traded in was $350.00 higher then the quote i received a day earlier and that amount is listed in my records with that original finance company..several of the documents i signed were pre-dated as well,,,and do not reflect the actual day i signed the documents and took delivery of the new vehicle..my car insurance documents do reflect the effective date for the new car on the actual date of delivery and thats when all documents were signed..
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