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Bought a car with a co signer, left with it that day. Got a letter saying my loan was denied. What now?
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mistahnapo is in Colorado
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The dealership is closed now so I can't ask them and haven't heard anything from them. I have absolutely nothing good or bad on my credit history. My cosigner has good credit(850 ). The final payment was with fees and taxes was 17.8k. I put 5k down.

Since I haven't heard from the dealership could this just be an error on the bank? I imagine they would want there car back and I would have heard from there before the letter got here from the bank. I'm kinda freaking out over here.

Car was purchased on 10/8

Update: Talked to them today and everything is fine, never got an answer on why I got that letter but they assured me the loan was approved

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4 years ago