Thread: Life Advising a friend.
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Old 12-16-2009, 07:08 PM   #39
Mr. Flopnuts Mr. Flopnuts is offline
FINALLY! The wait is over.
 
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Join Date: Mar 2005
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Quote:
Originally Posted by Micjones View Post
Flops when she tries to get a car from this other dealership won't they see an open car loan and deny her application?

I'm hoping so... That'll be her saving grace.
Unfortunately a lot of these buy here pay here places don't run credit reports. It's risk/reward. If they can fleece enough of a down payment, they can always go get the car when she's 1 day late. That's right, legally these places don't have to honor any kind of grace period. Some states require it, I don't know off hand if MO/KS are on the list.
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