Legal Question in Consumer Law in Illinois
I bought a car for $7995.00 and put $2500.00 as a down payment. I was charged a total of $3359.32 by the finance company. While doing some calculations I discovered that the percentage amount for this is 52.63%, however, the amount listed on the contract is 29.90% financing, which would have made the total charges $1908.52 for finance charges.What can I do about this charges since the contract has already been signed?
Thank you.
Carrie
Asked on 1/18/11, 2:59 pm
1 Answer from Attorneys
Illinois gives you 3 days to rescind. After that it gets more complicated.
Answered on 1/25/11, 9:02 am
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