Mike
Minneapolis,#2Consumer Suggestion
Wed, September 10, 2003
Ford typically will extend your lease if you are late on any payments. So, if you were a bit late on 2 payments they would have extended the lease by two months. The dealer probably went off their records of the original lease to calculate what was owed to payoff the lease. They probably did not forsee the 2 pmt extension. If they worked with ford to get your loan approved, it will only show the original inquiry on your credit report. They will not pull multiple times. If they sent it to multiple banks, multiple pulls occur. Bottom line, Fiesta Ford was wrong in not securing accurate lease end information. However, it is your responsibility to ensure your lease is paid in full.