QUESTION

Will my personel credit be restored quickly?

Asked on Jul 06th, 2024 on Consumer Law - Florida
More details to this question:
Obtained a personal loan for a retailer to build a park model rv for me. The bank sent full payment of my loan to the retailer to begin. Retailer did not send bank the mco and title of the rv with 90 days and therefore retailer is in breach of agreement on paper work from bank. In fact, retailer never built the park model rv. The bank said I may now cancel the loan as they address this situation with retailer. Will my personal credit be restored immediately or not until bank goes after retailer to obtain the loan full amount.
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1 ANSWER

Consumer Debt Collector Harassment & Abuse Attorney serving Tampa, FL
2 Awards
No way to tell on such a complicated series of events.  Any answer won't matter much as this is likely of your control at this point pending resolution of the controversy between the bank and the RV shop. 
Answered on Jul 07th, 2024 at 10:12 AM

All responses are NOT to be considered legal advice nor to be relied upon in any as such nor to establish any form of attorney/client relationship. Opinions expressed are solely informational and not a substitute for proper legal advice provided by a properly retained after thoroughly researching the issues presented.

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