Cancel Car Loan Options
Summary
You may have the right to cancel your car loan under the Federal Trade Commissions Cooling-Off Rule if the dealership misrepresented the cars condition. New Yorks Lemon Laws may also protect you if the car is defective. Consult with a consumer rights attorney for more detailed information.Full Conversation
issues I having with my car. I would like my car loan to be canceled and hopefully get my money back
Hello Tamara, I understand your concern. Could you please tell me your location? This will help me provide the most accurate information. Additionally, did you purchase this car new or used, and from a dealership or private seller?
used from a dealership
Hello Tamara, to provide accurate information, I need to know your location. Also, can you tell me if you signed any contract or agreement when you purchased the car?
new york
Hello Tamara, in New York:
- You may have the right to cancel your car loan under the Federal Trade Commission's "Cooling-Off Rule", if the dealership misrepresented the car condition.
- You may also be protected by New York's "Lemon Laws" if the car is defective.
- Consult with a consumer rights attorney for more detailed information.
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