Re:FTC proposes rule to ban junk fees, bait-and-switch tacti...
by yardie on Friday September 09, 2022 @06:25PM
(#32785632)
They don't even want the cash anymore. I spotted a SUV at a good discount. Called in to verify the price, "yes, thats the price." Went to the dealership and hello that price is only available with dealer financing. The car was $1000 more if you came with check in hand. So I played their game, I financed it to keep the discount. Then I payed the balance a week later.
My credit score dropped 60 points because of it! LOL.
Re:FTC proposes rule to ban junk fees, bait-and-switch tacti...
by mafuy on Saturday September 10, 2022 @06:17AM
(#32789302)
> My credit score dropped 60 points because of it! LOL.
Sorry, not sure I understand. Does that mean your score got worse because you paid early?
Re:FTC proposes rule to ban junk fees, bait-and-switch tacti...
by yardie on Monday September 12, 2022 @01:16PM
(#32813426)
Yes, when you pay off a car loan the bank closes the account and your available credit line goes down as well. So your drop in credit age and credit line makes your credit score to go down.
Dealership literally gave no fucks, if you didn't buy it someone else would hours later. If you brought the full amount in cash you'd probably barely get a 'meh' out of a salesman. They could literally sleep all day, wait for a bundle of cash on their lap and wake up at the end of the day with big commission, and still make out like a bandit.