Does anyone know why Bank of America won't finance an auto loan ...

Does anyone know why Bank of America won?t finance an auto loan for an independent used car dealer?

Written by Jennifer Lopez
Saturday, 28 May 2011 11:59

I applied for an auto loan and was approved, but once I sent in my purchase agreement my loan rep said that they would only finance auto loans for franchise dealers ? no independent used car dealers. I know the car and the dealership are fine. I have the carfax report on the car and I?ve had a mechanic take a look at it. Frustrated!

Tags: America., anyone, Auto, bank, bank of america auto loan yahoo answer, dealer, Finance, Independent, know, Loan, Used, wont

Source: http://mattsofnewyork.com/2011/05/28/does-anyone-know-why-bank-of-america-wont-finance-an-auto-loan-for-an-independent-used-car-dealer/

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