Complaint Review: MERRICK CHEVROLET / SERPENTINI CHEVROLET - STRONGSVILLE Ohio
- MERRICK CHEVROLET / SERPENTINI CHEVROLET 15303 ROYALTON RD STRONGSVILLE, Ohio U.S.A.
- Phone: 440-8786700
- Web:
- Category: Auto Dealers
MERRICK CHEVROLET / SERPENTINI CHEVROLET STRAW DEALS AND INCREASING INCOME FOR THE CONSUMER STRONGSVILLE Ohio
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MAJOR FORMS OF FRAUD
#1 ISSUE
THIS DEALERSHIP HAS RECENTLY BEEN INCREASING THE INCOME TO HAVE NUMEROUS OF THEIR CUSTOMERS BE ABLE TO BUY A CAR. BY DOING THIS THE INCOME WILL BALANCE OUT SO THE DEBT GOING OUT IS LESS THAN A SPECIFIC PERCENT SO THE BANKS WILL BUY THE DEAL. THIS IS HIGHLY ILLEGAL NOT TO MENTION ALSO WHEN THEY ARE SIGNING A BLANK CREDIT APPLICATION.
#2 ISSUE
BY DOCUMENTATION OF PROOF OF THEIR DEALS THE DO WHAT IS CALLED A "STRAW DEAL" HIGHLY ILLEGAL.
A STRAW DEAL IS WHEN A CUSTOMER WANTS TO BUY A CAR BUT THE DEALERSHIP CAN NOT GET THE ADVANCE OR THE RATE THEY NEED TO GET THE DEAL APPROVED SO THE GET A CO SIGNER AND KICK THE ORIGINAL CONSUMER OFF THE DEAL. SO WHO IS ACTUALLY BUYING THE CAR. NOT THE ORIGINAL BUYER IS THE CO APPLICANT. HIGHLY ILLEGAL IN EVERY STATE. THIS IS A COMMON PRACTICE FOR THIS DEALERSHIP.
WE AS CONSUMERS DO NOT NEED AUTOMOBILE DEALERSHIPS LIKE THIS. WE ASK WHY IS OUR ECONOMY SO BAD, WELL FOR OBVIOUS REASONS LIKE THESE!
THESE ARE ILLEGAL AND CONSIDERED MAJOR FORMS OF FRAUD!
Winkov
north royalton, Ohio
U.S.A.
This report was posted on Ripoff Report on 10/16/2008 10:13 AM and is a permanent record located here: https://www.ripoffreport.com/reports/merrick-chevrolet-serpentini-chevrolet/strongsville-ohio-44136/merrick-chevrolet-serpentini-chevrolet-straw-deals-and-increasing-income-for-the-consume-381839. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
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