Stevens Point, WI asked in Consumer Law for Wisconsin

Q: I bought a car from Wausau auto. They lied to the bank about my monthly income. Now the bank has backed out

Wausau auto is now demanding I return the car. The DMV says Wausau auto has to find me other financing but Wausau auto claims I lied about my income. None of my paperwork shows an income amount but they claim to have a document stating that I get $3000 a month.

What can I do?

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1 Lawyer Answer
Nathan DeLadurantey
Nathan DeLadurantey
  • Consumer Law Lawyer
  • Brookfield, WI
  • Licensed in Wisconsin

A: They do have to find you financing; or service the loan at the terms offered. Locate a consumer lawyer for advice if they don't offer this to you - or worse yet, offer you worse terms from some other financing place. We call that "yo-yo" financing.

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