The article says the dealership brought the lender to the table. Lender initially thought she was a viable borrower, but when they did their due diligence, could not find sufficient information to approve the loan.
The unaddressed question is, was this communicated to the borrower on a timely basis, with requests for what was needed to resolve the problem? Whose responsibility was it to contact her — dealership or lender? If contacted, did she respond? She should have known that she did not have a completed loan, and been calling the lender. Did she? Had she given false information in the first place? I’m sensing vexacious grifter here.
—” I’m sensing vexacious grifter here.”
Interesting?
I see it the other way, and it can be an expensive line between frivolous and vexatious.
My view is the dealer is trying to squeeze his mark.
I hope they hurry up and settle so we can see the after-action report.