What would you like to do?
In the UK a Company called Motability handles this type of finance.
33 people found this useful
Was this answer useful?
Thanks for the feedback!
Can a person with no income other than disability and who owns nothing be taken to court in Florida for a debt collection due to cosigning a car loan?
2004->Ch0077->Section%20041#0077.041">Florida Law No. Diability benefits whether SSD or private disability insurance is exempt from creditor actions. …
If someone is disabled and therefore unemployed but getting SSDI how can he obtain a person to person auto loan for a used car?
"he' would call local lenders until he found one willing to make a loan based on his CR and expenses and income.
Answer You should be able to get a car loan anywhere in the U.S., if you have a note from your doctor stating that you are capable of driving and if you own… a house or have property and you haven't made past loans and used this up in collateral you could use your home or property as collateral for a car. If you are renting and just have a pension coming in (hopefully a company pension as well) then go for a used car approx. 3 - 5 years old and in good shape rather than a new car. If you have grown children, a nephew or a younger friend have them go with you to check out used vehicles. If your legs have had injuries there is usually a place you can go (some mechanics) that will either put "hand controls" for your brakes/gas where you can reach it. I've seen these types of controls in a car several times in Canada. Good luck! Marcy
Answer Sure you can. Nothing stopping you. The loans on some of the dealers are outrageous, however (just telling it like it is), so shop with caution.
You might be able to get a personal loan after a car repossession. However, you would get the loan at a very high interest rate one the repossession is on your credit repo…rt.
Answer . Why are the being sued?. past due on auto loans. They can be sued. I think your question is - if they win the judgement, can they garnish the SSI payment. NO. Se…e link for citation
The Veterans Administration may be able to help a disable veteran secure a car loan with a bank. They also have grants available for car adaptations. You can also contact …Military One Source who can help as well. Their number is 800-342-9647.
As far as I know Personal Loans are completely different from Car or Auto Loans and they can not be added to Car Loans.Check http://www.bankbazaar.com/personal-loan.html i…f you still have more questions about Personal Loans
That really depends on a lot of different factors. The first things to consider would be, is the person in question going to be a driver, a passenger, or both? You must …consider what it is that is currently inhibiting this person from driving an automobile in the first place. For example, there are systems out there which can accommodate a wide variety needs based on the individual. Anything from wheelchair lifts, and extended pedals, to hand controlled gas and brake features. For more information, contact your local Department of Motor Vehicles and ask them to direct you to a local installer who designs and builds handicap accessible vehicles. Every state also offers a dedicated handicap driver training program which is designed to help people with a disability in the safe operation of their vehicles.
it ends up in probate.
A car loan is a secured loan. If you don't pay the car loan, the lender can repossess the car. A personal loan is a loan based on your credit worthiness as judged by credit re…porting agencies like Equifax. This "credit rating" is usually based on a FICO score, which views a variety of factors such as credit experience, lines of credit outstanding and payment history with other companies.
I think it can depending on what is happening to that person and the car.
If someone living in Toronto wishes to purchase a car and needs a loan, they should go to a bank. Most banks are happy and willing to offer loans for autos.
The best way to get a personal loan is to check with the bank, credit union or other financial institution where one does banking. Car dealers also provide financing for pers…onal car loans.
Some good companies to get personal car loans from include Chase Bank and Bank of America. You can get more information and apply online at their respective websites.
Car loans for those with poor credit can be obtained with a co-signer or someone that is willing to guarantee that the loan will be repaid completely. Without a co-signer a c…ar loan could be obtained from a bank but the interest rate would be higher and there would be no grace period for late payments.