NACA in the News: Yo-yo financing: The shady lending tactic that can cost you your car even if you make every payment

Bankrate, Yo-yo financing: The shady lending tactic that can cost you your car even if you make every payment

“’It doesn’t even have to be highly regulated, agrees NACA senior policy director Christine Hines. ‘It just means the contract is a final contract — there shouldn’t be any conditions on it that [harm] a consumer… because the dealer doesn’t know how to conduct a transaction.’”