my daughter & her fiance traded in their dodge dakota for a used nissan titan. they were financed thru the dealership & bank of america. signed all the paperwork & took the car into their possession. financing was approved on the spot with no cosigner needed. they are 20 & 23 by the way. this all took place on Dec 13. On Jan 8, they recieved a letter from B of A saying sorry they could not finance them. This is after they had changed the insurance, gotten the registration switched & driven for a frickin month. Now his credit union that had the loan on the dakota has sent him a letter stating that his loan is late. is there anything we can do. shouldnt they reimburse them for the insurance & registration, etc. what ya think?