They submitted my application to a lender without my signature or approval!! WHAT?!?!
My husband and I went there a few days ago and we were looking at purchasing 2017 Mercedes Benz SLC 300 roadster and Bob, the salesman suggested that we may want to evaluate other lender options to obtain a better interest rate to reduce the monthly payments.
My husband conveyed that we didn't want multiple credit inquiries on my credit as we are in the midst of purchasing a home. I had Capital One financing preapproval that didn't impact my credit (per the Capital One website) & wouldn't unless the dealership submitted the loan application paperwork to them. We both conveyed that if there were other options, we wanted to determine if we would utilize them (if we would send loan applications) to whom, and how many.
Bobby (sales manager) then asked my credit score, and said that he needed to do soft inquiry, run my credit score to see what options would be available. I told him what my credit score was, and he said that it was something they could work with. He insisted though, that he needed to run my credit himself and see it. We reiterated the importance of not submitting any applications to lenders that would result in a negative hit on my credit score until we discussed it.
Bobby then conveyed that he needed my social security number and asked me to fill out the application form. He said, "I won't submit this to any lenders without talking to you - I just need to pull your credit score. As a matter of fact, don't sign the bottom of the application, which gives me permission to submit this to lenders." So, I completed the form & did NOT sign it. I then once again reiterated the criticality of not submitting to any lenders. Bobby and Bob both said, "OK".
They came back & said, "Capital One approved it. My husband said, "Wait - you just submitted my wife's application to a lender, which we specifically said we did NOT want to do and the dealership form is not signed by her. Submitting my information to a lender WITHOUT my consent and signature is NOT LEGAL.
We called the next day to speak with the GM, Mitch Mattson on Thursday - they said he wasn't in on Wednesdays or Thursdays, so we wrote an email the same day; no response from him and had to call three days later. We finally got Mitch, the GM who was rude & condescending. He talked to me like I was stupid like I had no clue, and as if I didn't know what I was talking about...that is until my husband got on the phone. Then all of a sudden, he changed his tone...and wanted to be somewhat amicable. Oh, so because I am a woman, I don't know what I am talking about? And tell me, is it because we are people of color that you assume you can do whatever you want, apply for loans without our permission, ignore us, and then have the audacity to be rude? Really?
It's MY credit, MY $$$, and MY decision. If I am going to spend my money somewhere, I value integrity, honesty, transparency, and respect - which I DID NOT receive from them! read more