Ronald Mills, a 91-year-old Fort Wayne man, is fighting a lawsuit from Mercedes-Benz Financial Services, claiming he was misled into taking out a vehicle loan. According to Mills, he agreed to co-sign for his granddaughter when she purchased a vehicle in 2022, but later discovered documents connected to the loan listed financial information he says was inaccurate.
Dispute Over Loan Terms
Mills’ attorney claims a dealership employee improperly increased the income figure on the application to help complete the vehicle sale. Mills says his vision and hearing difficulties made it difficult for him to understand the paperwork he was signing and that he did not realize he was taking on full financial responsibility for the loan.
The vehicle came with monthly payments of about $1,200. After payments fell behind, the vehicle was repossessed. Mercedes-Benz Financial Services is now seeking more than $22,000 from Mills, according to the dispute.
Mills is arguing he was misled during the transaction and did not knowingly agree to the loan terms. His attorney alleges the dealership’s actions amounted to fraud and says Mills should not be held responsible for a debt created through misleading paperwork.
Original reporting: WOWO News/Talk (Fort Wayne) — read the source article.
