You signed a contract, although it sounds like the dealership is going to shop your potential loan around until they find somebody else to finance you. The dealer does not want to be your lender.
Was your sale contingent on financing being approved at a set rate?
Getting a steady, fulltime job would facilitate getting financing approved.
well the thing is i cant afford a 20,000 dollar car with a regular paying job i had two jobs but i just got fired from one so now i wouldnt be able to afford that now im trying to cancel the contract since the first bank didnt approve me do i have to sign a new contract? or can i just cancel whats going on . because when i called the dealer guy he said well since the bank didnt approve you your just going to have to make the monthly payments here in the dealership since the previous contract i signed said i as being financed through the bank now i have to sign a new contract correct?