Auto Loans and Financing

Can a credit union in Maryland repo vehicle that is cross colatoral on another loan if the car is paid up to date?


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Wiki User
2015-07-14 16:09:39
2015-07-14 16:09:39

You answered your own question. CROSS COLLATERALIZATION.


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If the vehicle is owned by someone else (the credit union) then it is not yours to raise finance on.

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