Car dealership fraud investigation
This is a Autosmart news story, published by Yahoo Finance, that relates primarily to NBC news.
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Auto loan refinancing scamsMoneywise
•Business
Business & Economics
Single mom says she was left on the hook for $50K after she thought she’d refinanced her loan with dealership
65% Informative
Single mom says she was left on the hook for $ 50 K after she’d refinanced her loan with dealership.
Prosecutors could only confirm that the dealership is under investigation and did not speak to specific charges.
NBC 10 was already looking into Autosmart after a viewer reached out with a problem she is facing.
Auto dealerships have different ways of luring in credit-challenged buyers.
They can promise low vehicle prices and low financing rates only to hit you with surprise costs.
Another popular tactic is the yo-yo scam where you're told your auto loan is final and you're allowed to drive the car away.
VR Score
48
Informative language
35
Neutral language
49
Article tone
informal
Language
English
Language complexity
35
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
16
Source diversity
2
Affiliate links
no affiliate links