MY WIFE FINANCED A CHRYSLER 300C BACK IN 2008, SHE TRADED IN HER CAR AND WENT BACKWARDS ON HER LOAN TO GET FINANCED. THEY FINALLY FOUND A BANK TO FINANCE HER AFTER TRYING MANY BANKS, 4 YEARS LATER WE HAVE NOT EVEN CAME CLOSE TO PAYING IT OFF, NOW REALIZING WE ARE PAYING 16% INTEREST ON THE PRINCIPLE OF THE CAR. IS THERE ANYTHING WE CAN DO LEGALY TO COMBAT THE FINANCE COMPANY?
State/Country relating to question: Minnesota
NOTHING YET, NEED MORE ADVISE
The only alternative is to find your own auto loan. Presumably you signed all the paperwork and acknowledged receipt of disclosures. You can shop around for a new loan with a better rate and pay off the current loan.
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