Timeline for A finance broker made me the primary instead of a co-signer
Current License: CC BY-SA 4.0
22 events
| when toggle format | what | by | license | comment | |
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| Aug 12 at 8:15 | comment | added | Vicky | @Joshua I'm using the term "paperwork" loosely. Small print, Ts & Cs, legal blurb. If you haven't seen that and had a chance to read it, don't sign or approve anything and the more pressure they put on you to sign without reading, the redder the red flag. | |
| Aug 11 at 14:54 | vote | accept | Mirathea Amelie | ||
| Aug 11 at 14:54 | |||||
| Aug 10 at 21:06 | comment | added | njzk2 | did your friend buy a car? | |
| Aug 10 at 19:10 | comment | added | Joshua | @Vicky: They don't lay out the paperwork anymore. That's just not how it's done with the modern electronic tracking. | |
| Aug 9 at 15:10 | answer | added | keshlam | timeline score: 6 | |
| S Aug 9 at 12:05 | history | suggested | CommunityBot | CC BY-SA 4.0 |
grammar fixes
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| Aug 9 at 7:14 | comment | added | Mentalist | Did you volunteer your vehicle information, or did they acquire it by some other means and insert it into the paperwork? | |
| Aug 9 at 4:39 | comment | added | BЈовић | wow that must be really good friend, if you accepted to help them with 30k | |
| Aug 9 at 1:03 | review | Suggested edits | |||
| S Aug 9 at 12:05 | |||||
| Aug 8 at 17:29 | comment | added | Nayuki | (Interac) "e-transfer" sounds like Canada | |
| Aug 8 at 16:03 | comment | added | pipe | Where in the world?? The laws may be different. | |
| Aug 8 at 15:11 | history | became hot network question | |||
| Aug 8 at 14:24 | answer | added | Nosjack | timeline score: 33 | |
| Aug 8 at 13:29 | comment | added | D Stanley | They can't just "make it a car loan" or change the terms without you agreeing to it. Do you have a copy of the new loan terms, or did you just not read those parts of the laon you signed? | |
| Aug 8 at 10:55 | comment | added | Pete B. | @littleadv I doubt talking to a lawyer will help, these dudes know how to lie legally. | |
| Aug 8 at 10:54 | answer | added | Pete B. | timeline score: 13 | |
| Aug 8 at 10:50 | comment | added | Vicky | And for a 30k loan to cost 66k over 84 months (7 years) implies an APR of 26.5% (more or less), which is absolutely extortionate. This is an awful deal. | |
| Aug 8 at 10:50 | comment | added | Vicky | Regardless of what the finance broker told you, you must have been given paperwork to sign which must have laid out the terms and conditions, who is the primary signer, what the total repayment etc. This may be an expensive lesson to learn that you should READ THE PAPERWORK and make sure you understand it. | |
| Aug 8 at 10:47 | history | edited | mhoran_psprep | CC BY-SA 4.0 |
added 12 characters in body
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| Aug 8 at 7:19 | comment | added | littleadv | Probably nothing, but I'd suggest talking to a lawyer. | |
| S Aug 8 at 7:09 | review | First questions | |||
| Aug 8 at 13:37 | |||||
| S Aug 8 at 7:09 | history | asked | Mirathea Amelie | CC BY-SA 4.0 |