yo-yo financing

How to Protect Yourself From the Yo-Yo Financing Trap?

Purchasing a vehicle is probably one of the most important decisions that you make in life. Although it is an exciting process, you may come across various obstacles. Actually, today’s auto market is full of […]

Tatevik   Car Scams
DETAIL

The Yo-yo Financing Car Scam

Yo-yo financing is a widespread trick that scammers use to trap car buyers. Unfortunately, an increased number of people fall victims of this car scam. Sadly, this happens because a lot of car owners don’t […]

Tatevik   Car Scams
DETAIL

Beware of Spot Delivery or Yo-yo Financing Scam by Dealers

It never stops surprising us how sly some auto dealers are. They seem to ponder permanently over new ways of making additional money. Car dealers have recently enlarged the arsenal of sneaky tactics with spot […]

Hovanes Margarian, Attorney At Law   Car Scams
DETAIL

Practice Reading Contracts to Avoid Yo-Yo Financing Car Fraud

 Remember the old proverb, “if something is too good to be true, then it probably is”. This is especially the case when it comes to buying a car. If your credit history is poor, then […]

Hovanes Margarian, Attorney At Law   Car Scams
DETAIL

Yo-Yo Financing or Spot Delivery Scam

Intended to buy a car and have a low credit score? Beware not to be a victim of Yo-Yo financing. This common auto dealer scam works simply; roguish auto dealers are waiting for car customers […]

Hovanes Margarian, Attorney At Law   Car Scams . Helpful Tips
DETAIL

Spot Delivery Fraud. How to Avoid It?

Spot delivery fraud is one of the most popular dealer frauds. Sometimes it is also referred to as Yo-Yo financing. Dealers use this scam for people with a bad credit, who are not able to get a […]

Hovanes Margarian, Attorney At Law   Car Scams . General Articles
DETAIL

Yo-Yo Financing Fraud

Yo-yo financing fraud is one of the most common practices of car dealerships. It is also known as the spot delivery fraud. This car scam happens to consumers with below average credit score, when the […]

Hovanes Margarian, Attorney At Law   General Articles
DETAIL