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The Water Cooler
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Car dealer rip off
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<blockquote data-quote="KOPBET" data-source="post: 1841272" data-attributes="member: 4153"><p>There is no right of rescission on auto purchase contracts in Oklahoma. </p><p></p><p>She can voluntary repo (let the lender take it back), but she will still be on the hook for what she's underwater for. Good chance the lender is out of state too.</p><p></p><p>She probably had no or bad credit to begin with, that's why she got 20%. Good luck with a refi.</p></blockquote><p></p>
[QUOTE="KOPBET, post: 1841272, member: 4153"] There is no right of rescission on auto purchase contracts in Oklahoma. She can voluntary repo (let the lender take it back), but she will still be on the hook for what she's underwater for. Good chance the lender is out of state too. She probably had no or bad credit to begin with, that's why she got 20%. Good luck with a refi. [/QUOTE]
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