Write a check to the finance company every month
The remaining payments are usually rolled into your new car loan. The dealership cannot transfer the title into their name without the vehicle loan being paid off.
Refinance the loan.
The loan has to be refinanced without the cosigner being involved.
Amortization is just another name for the monthly payments you will be making. It is not a type of loan.
yes have to talk to cheysler Unless the loan is in your name, the payments will be in his name.
You can't.
typically the first name on the loan is the person responsible for the payment of that account. if the first named person cant make the payments, the loan company will turn to the co-signer ( 2nd name ). if neither party makes payments the loan will go into default in which both parties will have reports on there credit history.
IF you transfer the title and loan out of your name you are not responsible. IF NOT, and they don't make the payments, or have insurance on it, YOU are responsible for all aspects of the vehicle as you still OWN it. the name on the title & loan is the responsible party.
If she did not Co-Sign and her name is not legally attached to the loan, then you are soley responsible for the payments. Not her.
For someone to take over the payments they must essentially get a new loan for the payoff amount in their name. This new loan will pay off your loan and will make thir payoff amount higher than yours.
no
No. Not if your name isn't on the loan.