Yo-yo Scam Exploits Credit-Challenged Car Buyers

“Yo-yo Financing” is when dealers – days or weeks after a purchase – demand that consumers pay more money or sign a new contract with a higher interest rate.

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http://bottomline.msnbc.msn.com/_news/2012/04/12/11146297-yo-yo-scam-exploits-credit-challenged-car-buyers Don’t be a victim. If you think your dealer is “yo-yo financing” you, contact Rosner, Barry, and Babbitt, LLP’s Auto Fraud Legal Center.