credit

I want all of you single income families out there ti

hear this so you can be protected from this too.

My husband and I went to purchase a vehicle at a

dealership in Utah. I am a stay-at-home mom but I have

a great credit rating. My husbands credit wasn't as

good at the time but he, of course, made all of the

income. The dealer informed us after looking at both

credit profiles that it would be beneficial for us to

use my credit score and his income for the purchase.

Wait a minute, is this legal? According to the

dealer, we lived in a community property state and it

was. According to the courts, it wasn't.

Not long after purchasing the vehicle, we took a huge

paycut and were forced to file BK. At the hearing,

the lawyer for the financial institution presented us

with some false documents that were given to them as

part of the finance paperwork. They decided to sue us

as a result of those.

In court, they could not prove who made the false

docs. Nor could they prove we actually DID anything

wrong. However, because I was honest and told them I

knew they were using my husbands income and my credit,

they stuck us with a lofty $20,000 judgement. all

this for a vehicle that originally cost $14,000.

Let our bad experience be a lesson. Don't believe

what you are told even if you are talking to a

proposed "expert" in the field. Always know the laws.

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