Posted by Vivix Credit Solutions | Categories: Credit Repair, Credit Report, Credit Score, Fair Credit Reporting Act, Vivix Credit Solutions | Tags: FCRA, free consultation, FTC
There’s nothing like the feeling of buying a car. To have a new set of wheels to take you to work, take the kids to school or to visit your family. It should be a time of relief. No more worry about an old car and all the troubles that was having, or the hassles that come with public transportation. But there’s nothing worse than when a new car begins to give you trouble right away. Worse yet, so much trouble that there’s no doubt. That dealership sold you a lemon.
They say when life hands you lemons, to make lemonade. Sadly, this analogy does not work when it comes to a lemon of a car. This is a major purchase, Vivix Credit Solutions understands how difficult it is in this economy to save the money and grow your credit in order to be able to purchase a new car. You should get the most for your money.
Lucky for you, the consumer, every state has a “Lemon Law.” If a consumer purchases an automobile that has an existing mechanical problem that continuously fails to be resolved in a reasonable amount of time, it is considered a lemon. Though the laws vary from state to state, there is an overall federal law for the consumers’ protection. This covers all things mechanical.
If you just purchased a new car, you should not be paying for repairs so soon. Vivix Credit Solutions has Credit Experts who do Credit Coaching for consumers. That’s all about staying on a budget, and unexpected car repairs, especially after purchasing a new car, can run up unexpected debt.
Vivix Credit Solutions wants consumers to know their rights in all situations. If you’ve been sold a lemon, you have rights under the Lemon Law. And it may be more than just what the warranty guarantees. Research the Lemon Laws of your state and learn what they entail.
It is important that you keep good records and accurate information about all things dealing with the repairs made on this car. And if you can locate past information reports on the car, that’s even better. Vivix Credit Solutions has seen how keeping accurate credit reports has helped their clients with fixing their credit, so keeping records of anything that is affecting your finances is a good call.
It is the responsibility of the dealership, under the Lemon Law, to replace or buy back the vehicle in question. Unfortunately, it may be difficult to get the dealership to admit they sold you a lemon. And in some extreme cases, they may try to take advantage of you by attempting to upgrade your automobile—at an additional cost.
If you haven’t done so already, you should contact the manufacturer. The case may go into arbitration. In most cases, they find in the car purchases favor. If not, the last resort is to take the case to court.
In most cases, the Lemon Law can be handled in small claims court. There are attorneys who specify in Lemon Law cases, and many times their fees can be recouped from the monies awarded to the plaintiff. With any luck, it won’t come to this, but with accurate records and a good lawyer, the judge will hopefully find in your favor.
In all things concerning finance you should employee the best people and make sure all your records are up to date. If you need Credit Coaching, contact Vivix Credit Solutions to receive your free special report: “The TRUTH About Legal Credit Repair & Your Credit Report” along with a free consultation with one of our credit repair experts.