James Wood GMC James Wood Cadillac, James Wood Chevrolet, James Wood Autopark, James Wood Buick GMC, James Wood Motors Deceptive Trade Practice Denton Texas

Falsified Financial documents(inflated income-deflated debt). They were so desperate to make two car deals they allowed two young College Girls to co-sign for each other. Each Girl was barely capable of making payments on one vehicle  let alone two payments in case something happened to other Girl. They were at 50% Debt to income ratio, most financial instutions won't give you a loan if you are over 25%. Being the Father of one of the Girls I set an appointment with the General Manager Denny Aldridge to look at the jackets to see how the car deals were established. The numbers on the Contract for the purchase of the vehicle didn't match the call back sheet from the financial institution. Especially the Student loan advancement of $330 or $333 a one time payment for books which was multiplied out twelve times as income. That extra $330 or $333 a month as income would help anyones payment ability. The Dealership Employee filled out an electronic application at his desk and had them sign a piece of paper saying everything they talked about was true. The young Girls were bamboozeled! The General Manager now Refuses to give us any copies of any paper work that has her socal security number on it. I asked him why? He stated because I said so.