Forum Discussion
mich800
May 14, 2021Explorer
dodge guy wrote:steveh27 wrote:mich800 wrote:dodge guy wrote:
Ok people. The numbers (payments months) were changed after the people signed. They signed for 240 months and then after the customer left they changed it to 120 months with a balloon payment after the 120 months. To me it sounds like a salesman and the finance guy had something going. Not sure if General RV is involved, but they cut their own throat when they said “we didn’t do anything wrong”! Sorry, but your name is at the top of the paper work, so you definitely have a big part in it. Hopefully General RV steps up and figures it out and makes it right for their customers.
It looks like the contract was altered after it was executed. I am just confused on the end game. Are these cases where the finance department could not get approval without a big balloon payment? Maybe a bigger kick back if it is not a straight amortizing loan. Just curious what the motive was.
Are you sure it was altered? The customer's copies show the 119 and 1 payment. Indeed it is stamped over the 240, but why didn't the customers question this?
Like I said they changed it after they signed. So they never went back and checked.
Correct, you can see the original and then the typed over change on the carbonless copy.
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