Sat, December 28, 2024
Fri, December 27, 2024
[ Fri, Dec 27th 2024 ]: AOL
Working for Sean Combs
Thu, December 26, 2024
Wed, December 25, 2024
[ Wed, Dec 25th 2024 ]: AOL
Should You Buy the Dip in AMD Stock?
Tue, December 24, 2024
[ Tue, Dec 24th 2024 ]: CNBC
LoanDepot mortgage review 2024
[ Tue, Dec 24th 2024 ]: mwnation
Govt hikes social cash transfer
Thu, December 19, 2024
[ Thu, Dec 19th 2024 ]: Fortune
Motown: What's going on?
Wed, December 18, 2024
[ Wed, Dec 18th 2024 ]: MoneyWeek
Five stocks for 2025
Tue, December 17, 2024
[ Tue, Dec 17th 2024 ]: Mint
Enel India deal on the final stretch

'Can they send a repo guy and take it away from me?': Customer finances car. Then they check remaining balance


  Copy link into your clipboard //business-finance.news-articles.net/content/202 .. ances-car-then-they-check-remaining-balance.html
  Print publication without navigation Published in Business and Finance on by The Daily Dot
          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source


  "I want my car and I never wanted to sell it," they said. "But now once the dealership receives the title, can they send a repo guy and take it away from me?" In a series of follow-up comments, u/Maybe_Separate said that they had issues requesting a duplicate title from their local DMV.

The article from the Daily Dot recounts an unusual incident where a car dealership mistakenly paid off a customer's car loan. The customer, who had purchased a used car from the dealership, was informed by their lender that the remaining balance on their loan had been unexpectedly cleared. This error occurred because the dealership, in an attempt to rectify a paperwork mistake, accidentally processed the payment of the entire loan instead of just the down payment or a portion of it. The dealership acknowledged the error but initially struggled to resolve the situation, leaving the customer in a bizarre position of having a fully paid-off car without having made the payments themselves. The story highlights the complexities and potential for errors in automotive sales and financing, and how such mistakes can lead to unexpected benefits for customers.

Read the Full The Daily Dot Article at:
[ https://www.dailydot.com/news/car-dealership-mistakenly-pays-off-loan/ ]

Publication Contributing Sources