<prompt> Human: Hi PF,In February I purchased my first car, new from the dealer. After about a month I realized I had no paperwork or anything regarding the car yet so called the dealership and asked when I should expect something and was told that I shouldnt worry, the bank was just taking longer to find the funds for the loan. So another month goes by and nothing. I ended up calling again to check once more, again just a little longer for the bank to approve the loan but was told BANK A would be financing it this time. Yesterday I received a letter in the mail saying I wasnt approved by BANK A and am wondering what I should do now? I called the finance manager and he said Im gonna have to come in to sign new paperwork for a new loan. Should i try to find a loan on my own? Will they take the car back if it doesnt get approved? Would I get my down payment back? I am just worried in general and dont want to get screwed over.  <response>: Should i try to find a loan on my own?You can. Will they take the car back if it doesnt get approved? Would I get my down payment back?If they have to undo the transaction then yes, you would be due back your down payment. 