Purchased New Vehicle Dealership Giving Trouble

[MarcosSantiago]

... The dealership calls them today and says that Nissan's financial division is now declining the financing because my parents never had a loan over $20, 000 and their credit score is 619, that's what the lady over the phone is saying. It's actually over 700 and they've had several loans which they've paid back over $25, 000 - $50, 000.
....

Nissan financial people says credit score is 619, never had a loan this size, but...
You say credit score is 705 and previous loans like this one, or larger, have been OK'ed

What about mistaken identity?
Is Nissan checking the right person to process the credit application? Maybe a person who has no SIN number? Maybe a very common foreign name that could be easily confused or misspelled?
Just something to think about

If this is a confusion, it will be sorted out, no problems.
If this is an attempt to squeeze more money from your parents (because it is a possibility), you may want to think about getting legal advice now.

Please keep us posted of what happens next

[Rob MacLennan]

Nissan financial people says credit score is 619, never had a loan this size, but...
You say credit score is 705 and previous loans like this one, or larger, have been OK'ed

What about mistaken identity?
Is Nissan checking the right person to process the credit application? Maybe a person who has no SIN number? Maybe a very common foreign name that could be easily confused or misspelled?
Just something to think about

If this is a confusion, it will be sorted out, no problems.
If this is an attempt to squeeze more money from your parents (because it is a possibility), you may want to think about getting legal advice now.

Please keep us posted of what happens next

It's likely accurate, or should I say 'accurate'? There are several different agencies that might be used, in order to generate a credit score. Did they use Equifax? TransUnion? Not all of them will use the same information and, therefore, will not generate the same score.

[Jay72]

OP if you do some research about shady deals at dealerships, this is a VERY COMMON game that they play....it doesn't seem to be a mistake on their side, they are trying to make more money as they will make not much on 0%. I do have to say that over $20 000 for a versa???? WTF is with that? Did they shop around at all? That is a tiny car, sorry just surprised it is that much. Either way don't take any crap from them, and do some research about this tactic, good luck.

[mxs]

20K for loaded Versa, why not??? Don't fortget, it will include every tax, charge or fee. I don't know about prices in St. Marys, but it would be fairly ok price in GTA, for sure.

[Kedo]

Gixxer420...where is the update. What was the final outcome?