I went to a car dealership in North Carolina...can they?

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I don`t think they can take it back as long as you make the payments on time. Also,you should never leave a job without having another job to go to.They might have not turned the paperwork right away so when they checked your employment it showed you not working.You should find something,anything,just so they can show you have the proper income to qualify for the loan.

I went to a car dealership in North Carolina...can they?

talk to a lawyer.

Why would you quit a job without having another when you just bought a new car?

i am sure if you default thye will have recourse in the way of use and /or rental and legal fees.

I went to a car dealership in North Carolina...can they?

Oh yeah they can-

Your loan application was approved because of the information you provided on that application.

It's not even a month later and you decide to quit your job.

The finance company had probably just got through actually verifying all your information.

By quitting your job so soon in effect what you have done is get a loan under false pretenses ( fraudulently in their eyes).

This also puts the car lot in a bind- because the loan company has already paid them for the car and the car lot has already assigned the title.

the finance company can not only take your car (actually they will probably send your salesman from the car lot to fetch it if you don't voluntarily bring it back) but they can make the car lot pay them back and make life difficult for the car lot because they were the ones that sold someone who was so risky a car.

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I went to a car dealership in North Carolina...can they?

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