Have you ever driven a new car off the dealership lot, only to be called back days later to renegotiate your financing terms? This deceptive practice, known as a Yo-Yo Financing Scam, can leave you facing higher interest rates and unexpected costs. At Consumer Action Law Group, we specialize in protecting consumers from such unethical behavior. Our team of experienced Yo-Yo financing scam lawyers is dedicated to fighting for your rights and ensuring you receive the justice you … [Read more...] about Yo-Yo Financing Victims: Fight Back with Legal Defense
Yo-Yo Financing
Does Your Car Dealer Wants You to Sign a New Contract
Have you ever driven home in your new car, only to receive an unexpected call from the dealership a few days later? If the dealer wants you to sign a new contract, it's a situation that can catch many car buyers off guard. This scenario is known as a yo-yo financing tactic in the world of auto fraud. Typically, dealerships make this request when they claim they couldn't secure financing at the terms originally promised. This can lead to changes in your interest rate, monthly payments, or … [Read more...] about Does Your Car Dealer Wants You to Sign a New Contract
Can the Dealership Cancel Your Contract?
When you buy a car, you might think the deal is done once you sign on the dotted line. But did you know that in some cases, a car dealer can actually cancel your contract? This is especially true for used vehicles. At Consumer Action Law Group, we often see situations where dealers cancel contracts, leaving buyers confused and frustrated. Let's break it down. If a dealer can't secure the financing they initially offered you, they might need to cancel the contract. Usually, they'll reach out to … [Read more...] about Can the Dealership Cancel Your Contract?