I was looking to purchase a used car and was looking for a loan. I applied for a loan on cars.com and within 24 hours received a phone call from Joe Vargas with Electra Auto Sales stating he had an approval for me and all I needed to do was go down to the dealership.
I went to the dealership which was a little over and hour away and met with Mr. Vargas. He had me fill out another credit application and had me browse the lot while they processed the application. After about a half hour Mr. Vargas informed me that he was unable to get a loan approved.
Every ad that this company runs shows guarenteed financing its posted all over their web site. They are nothing but liars. Do not call me up and have me drive an hour at 3.50 a gallon thinking I am approved.
Now that they have helped ruin my credit by running multiple inquiries and having a poor outcome I have found a dealership that will finance me. Don't let yourself get scammed by this company they are nothing but LIARS. To top that I wasn't approved the car that I liked wouldn't even start.
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