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financing rejected

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Old 11-03-2006, 11:37 AM
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Default financing rejected

hey guys, i just got a letter stating that honda finance was unable to loan me the money to purchase my car... so what the hell am i supposed to do now? what are my options? can I just go somewhere else and get a loan and pay honda? can i return the car? what can/should I do?
Old 11-03-2006, 11:39 AM
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wait u already have the car before u were approved by honda finance? did u buy a new car from a honda dealer?


weird
Old 11-03-2006, 11:40 AM
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and yea u can go to any bank or credit union for an auto loan
Old 11-03-2006, 11:40 AM
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Probably an open end lease return, Try a Credit union they are easier to get approved thru
Old 11-03-2006, 12:00 PM
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Originally Posted by SS2000GT,Nov 3 2006, 12:40 PM
Try a Credit union they are easier to get approved thru
Old 11-03-2006, 12:08 PM
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Keep an eye out on the car. A friend of mine bought a truck a few years ago, but after he got it home, he got rejected for the loan a couple days later. They came and repo'ed his car while he was asleep.
Old 11-03-2006, 12:11 PM
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^^ dam scanless i didn't know you can get rejected for a loan after you purchase the car. Aren't they suppose to see if they can finance you before you take it out the dealership?
Old 11-03-2006, 12:20 PM
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You return the car or go get your own financing. Contact your dealer.
Old 11-03-2006, 12:41 PM
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return the car and get another one
Old 11-03-2006, 12:50 PM
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call the dealership.

My dealer messed up my application, submitted it, corrected it, then resent it.

This caused a rejection letter to show up, even after I was approved.


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