You can't change any term. Truth in Lending Act, monthly credit card statements, electronically, if you agree. To get a loan, you may agree to a contract with terms and essential disclosures which are largely invisible. The potential for unfair contract terms is enormous . On Auto Fraud- Dealers Inflate Interest At the National Consumer Law Center's Consumer Litigation Conference, held recently in Colorado, attorneys shared their expertise on auto fraud.
Auto dealers have special incentives to get financing for their customers.
The obvious one is that it sells cars. While you are waiting, the dealer sends your credit application to one or more finance companies and banks. The dealer and the finance company then split their ill-gotten gain. This is outright consumer fraud. Worse yet, a civil rights suit in Tennessee alleges that a certain dealer marked up African Americans even higher than white people.