straw purchase car reddit
Straw purchasing is the practice of falsifying loan documents to get a low credit buyer into a new car. A straw buyer is someone who buys something on behalf of another person.
Someone with good credit or a straw purchaser fills out loan documents.
. For instance if a father were to buy his son a firearm and didnt plan on being the. First a dishonest dealer. The car would always be in her name never mine.
Straw purchasing is the practice of falsifying loan documents to get a low credit buyer into a new car. This act is considered an illegal scam if the deal is made to commit a fraud. In general straw purchases are legal except in cases where the ultimate receiver of goods or.
We needed a reliable vehicle and since my credit was. Being a straw buyer is a great way to get sued by a vehicle manufacturer or dealer group. Ok Ill try to make this brief.
After I left my husband my grandmother I got a place together. Its also a good way to get in loads of trouble with the IRS and other factions of the US Government or. Straw purchase car loan.
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