Bank loan on a new car

by Guest5514018  | 9 months, 23 day(s) ago | Views: 62 | Answers / Discussions: 0
My husband purchased a new car 9 days ago. He signed the contract and drove the car off the lot. On Wednesday he got laid off but found a new job and starts on Monday. The bank happened to call to verify employment the same day as the lay off and has now "sent the contract back to the dealship." The dealer said all he needs to do is get an acceptance letter from his new employer. Can they back out of the loan? The forst payment is not due until June 20th so we haven't missed any payments.
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Bank loan on a new car

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