Tag: yo-yo financing

How to avoid a scam known as yo-yo financing when you buy a car.

Buying a car can be exciting, but what if there are strings attached? Some buyers told us that they financed a car through a dealership, signed a contract, and drove the car home, only to be told that the financing didn't go through and they had...

Manuel and his wife just found the perfect minivan!  They can’t wait to take it home and surprise the kids. But first, there’s the issue of how to pay for it. The dealer financing seems like a good deal, so they go for it. A few days...