Many Recreational Vehicle Loans Are Actually Disguised Credit Cards. Motorcycle, Jetski, boat, and watercraft sellers will often quote an artificially low "teaser" payment and term, such as "$99 per month for 24 months." These types of offers are deceptive because they seem to offer a fixed term and a set payment. In fact, the financing takes the form of a high-interest credit card with a "promotional" period. Consumers are rudely surprised when they find their payment has doubled, or even tripled, after the promotional period ends. If you thought you signed up for a loan with a fixed term and payment, but received a credit card instead, the dealer broke the law.
California Consumer Attorneys
California Consumer Attorneys
Motorcycle | Jetski | Boat Loans
Motorcycle, Jetski, Boat, And Watercraft Sellers Make Deceptive Advertisements That Seem To Offer A Fixed Term And A Set Payment, But The "Loan" Is Actually A High-Interest Credit Card
California Consumer Attorneys
Auto dealers have developed a sophisticated selling system designed to entice you into the dealership, wear down your objections to buying, and keep you in a vehicle after the sale.
If you are one of the tens of thousands of California consumers that are cheated by unscrupulous car dealerships every year, you can do something about it!
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