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Author Topic: Payoff Your Car Loan Scam  (Read 618 times)

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Payoff Your Car Loan Scam
« on: December 12, 2010, 07:30:44 AM »
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The Payoff Your Loan Scam

This is when the dealer offers to pay off the balance of your current car loan no matter how much money you still owe. It is a common sales strategy. When the average buyer hears it, they think that by purchasing a new car with a new dealership, they will automatically owe no more money on their current car. That couldn't be further from the truth.


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