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Recent Truth in Lending questions

I recently purchased a timeshare with Diamond Resorts

I recently purchased a timeshare with Diamond Resorts International. I am having issues with my contract. I found out that they sold me 2 loans instead of one. They told me that the most recent loan would replace the initial one.JA: Have you thoroughly reviewed the contract?Customer: Yes. Unfortunately, the contract says that I had to cancel within 5 days.JA: Have you talked to a lawyer yet?Customer: No. Not sure if anything can be done.JA: Anything else you think the lawyer should know?Customer: We'll pay it off because I don't want my credit to suffer. I plan to file complaints with whoever will listen. Any suggestions?JA: OK. Got it. I'm sending you to a secure page on JustAnswer so you can place the $5 fully-refundable deposit now. While you're filling out that form, I'll tell the Consumer Protection Lawyer about your situation and then connect you two.

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LegalGems

Juris Doctorate

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12,920 satisfied customers
I have a similar question. I am not concerned about getting

I have a similar question. I am not concerned about getting my deposit back; but I am concerned about being forced to purchase the vehicle.I signed a CT "Retail Purchase Order for Motor Vehicle" for a car that was 'in transit.' And has only now become available for delivery. Since the original signing, I have had the opportunity to look at other vehicles and am having second thoughts. Am I obligated to continue with the purchase of this vehicle?A few facts:(1) the purchase order at the bottom says "THIS ORDER IS NOT BINDING UNTIL SIGNED AND ACCEPTED BY DEALER." It was never signed by the dealer. The copy in my possession only has my signature. Wouldn't this mean that nothing is binding yet?(2) the back of the order has item 11: "if you agree to assist me in obtaining financing for any part of the purchase price, this order shall not be binding upon you or me until all of the credit terms are presented to me in accordance with regulation "z" (truth in lending) and are accepted by me. If I do not accept the terms when presented, I may cancel this order and my deposit will be refunded." Financing was a part of the deal, yet I have neither seen or signed any term details, etc.(3) the trade in to be used was declared up front to be someone else's car that the would relinquish either in person or via notarized proxy. Couldn't they just refuse to do so and that get me out??

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William B. Esq.

Attorney

Doctoral Degree

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19,024 satisfied customers
I purchased a new vehicle yesterday. I was told that the APR

I purchased a new vehicle yesterday. I was told that the APR I would be paying was because of the discount I was receiving on the vehicle. The financing is through Chase and is at 3.9%. Chase's published auto loan rates are at 2%. Is this legal? I was an auto dealer at one time and if I remember correctly, this is in violation of Truth in Lending (reg Z)

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Infolawyer

Attorney

Juris Doctor.

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36,972 satisfied customers
Here is my issue: I bought a new car yesterday. The sticker

Hi,Here is my issue:I bought a new car yesterday. The sticker price is $25885 and the dealer is giving me discount of $4385. They told me I had to pay sales tax on the full price which I understand is correct but they added some of the incentive on top of the $25885 making the sale price $28,500. That makes me overpay sales tax and increases the bot***** *****ne.Is what they did legal and can I brake the contract?I appreciate your time.Mila

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LegalGems

Juris Doctorate

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12,920 satisfied customers
Can Colorado's 3 day right of recission law apply to

Can Colorado's 3 day right of recission law apply to contracts for plastic surgery including cancellation fees?

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RGMacEsq

Doctoral Degree

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22,356 satisfied customers
I recently purchased a new auto the interest rate was be be

I recently purchased a new auto the interest rate was be be 1.9 percent. When I received my first invoice for my first payment I was confused in how interest calculated so called dealer.Was told simple interest used. Ask for the calculation used said they would get back to me.So I did some exploring on the Internet and discovered that the interest being used was 1.93 percent. When I went to dealer they explained that because the contract was signed on 08/15/15 and the first payment is due on 9/28/15. That the interest started on 8/15 and not 9/28And that is the difference. I said how can interest start before the first payment. They said this was the norm. The I told them that I did not ask for the 1st payment to be on 9/28. And why was this not explained or mentioned in any way. I was not told or given any option in the matter they just automatically to it with no disclosure. Is this a legal practice? I purchased the auto in Rhode Island. Seems like a deceptive practice to me. Thanks Joe

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P. Simmons

Attorney

Doctoral Degree

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34,702 satisfied customers
I HAVE AN ISSUE WITH THE BANK I'M NOT SURE IF THIS IS THE

I HAVE AN ISSUE WITH THE BANK I'M NOT SURE IF THIS IS THE RIGHT DEPT, SO I OPENED A NEW CHECKING ACCOUNT WITH CITIZENS BANK AND ONLY BEEN WITH THEM FOR 3 MONTHS SO TODAY I CHECKED MY ACCOUNT AND A LARGE SUM OF MONEY WAS TAKEN WITHOUT MY PERMISSION, SOI CALLED THEM AND THEY TOLD ME THAT I OWED THIS TO THEM FROM 2009. I WAS NOT INFORMED OF THIS AND THEY WENT AHEAD AND DEBITED THE MONEY. WHAT ARE MY OPTIONS AND LAW? THANKS

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Phillips Esq.

Attorney

Juris Doctor

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17,254 satisfied customers
Question relates to debt settlement. many companies offering

question relates to debt settlement. many companies offering this service do not do business in as many as 20 states. Is this because it's not legal in those states, or because licensing is to onerous in those states?

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Ely

Counselor at Law

Juris Doctor

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62,910 satisfied customers
What can I do to Wells fargo to the last minute

What can I do to Wells fargo for waiting to the last minute for one to give payoffs for my mortgage and for 2 they added a second mortgage to my home. I had some financial difficulties over a year ago and thought that they were helping me, was I ever wrong! I have since relocated and have been trying to sell the home. Finally got the offer I was looking for just to find out that I have to come up with 28,000 by the end of today, as to which is impossible.

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TJ, Esq.

Juris Doctor (JD)

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10,456 satisfied customers
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