# 1 for September 26, 2000

Complaints.com received this e-message on September 25, 2000:

From:

RE: CHEVROLET dealers - car financing

MY DAUGHTER WAS SLAM DUNKED!

wHAT IS THat?

That's when the dealer finances a customer who hasn't the credit or credentials to obtain a loan.

The thinking is take a trade of any value and as much money down as you can possibly get.

Usually in a short time that poor customer is being repossessed because they can't afford to make the payments.

Anyone with half a brain could see 85% of these repossessions are to people who should have never been given credit to begin with.

Now they have bad credit for the next 7 years.

The dealer writes it off,sells the car again for close to what he got in the first place,and its next dumb persons time.

What is going on?

Any expense to make a sale and ruin a person's credit?