Neil
Huntsville,#2Author of original report
Wed, July 11, 2007
Mike, maybe it wasn't clear enough, they told me I needed a co-signer for the 6500 dollar car, so my sister was willing to do such. Once they ran the credit they came back saying that the manager couldn't do it as they had too much in the car on trade but as we were going to leave he told us to wait a minute then took us out to the other car. As well no I didn't loose my job, I was hurt on my job and am on workman's comp currently and would still be making the payments if it were not for the fact that the insurance company that is handling the comp hasn't came through with payments as they are suppose to. My statement wasn't that I don't like the car nor that I don't want the car, it was what I have since found out when trying to talk to the finance company about my situation. They were the one's who told me that what I was told and what we were led to believe was wrong. That they didn't see any reason why I couldn't have purchased the other vehicle to begin with. They also stated that my name should have been on the the purchase agreement and that since it wasn't that I had nothing to say about it, even though we were told by the Sales Rep at Bill Heard that it would be and that it would help my credit.
Mike
River Edge,#3Consumer Comment
Wed, July 11, 2007
Here's a summary.... 1. You had bad credit, went to Bill Heard 2. Your credit was bad so they asked for a co-signer for a $6500 car, you said no 3. They show you a $17k car and you get your sister and husband to put their names on the credit application and paperwork for car 4. You lose your job 3 months in/can't pay car payment 5. They want car back 6. Sister and husband will have repo on credit report. Sounds about right to me. Car dealers like Bill Heard tell people that "all credit applications will be accepted" just to get you down there. People that are credit risks such as yourself grasp any last straw they can. You and your sister did this, not Bill Heard. They may have told you that after a few months you can refinance, but YOU and YOUR SISTER AND HUSBAND signed the paperwork. I'm still confused why you were so adamant about not having a co-signer for a $6,500 car, but felt fine having her and her husband put their names all over a $17,000 car.