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How many times can the loan be sold to other companys in a year

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โˆ™ 2011-08-03 20:01:45
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Q: Can a lender sell your loan to another company?
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How do you get rid of a car once you have signed the contract and your apr is really high?

Sell it to someone else, and pay the difference in what you sell it for and the balance on the loan. Or you could try to refinance the car with another lender at a lower interest rate.Sell it to someone else, and pay the difference in what you sell it for and the balance on the loan. Or you could try to refinance the car with another lender at a lower interest rate.


Can a company sell a student loan to another company?

In the US, yes it happens quite often.


How can I sell a car that has a lien on it?

If you are selling the car for enough cash to pay off the balance on the loan it is simple. Simply take the buyer with you to the lender and pay off the loan. You will get a lien release that you then take with you and the buyer to your DMV and transfer the car over to the buyer. If you are not getting enough to pay off the loan, then you have 2 choices. Ask the lender to allow the buyer to take over the payments, or pay off the loan with money from another source. You cannot sell the car without a lien release from the lender, so you must talk to the lender.


Can you sell your car if it is being used in a cross collateral loan?

No, it has a lien on it. You cannot sell it without permission from the lender.


Can you sale the car without the loan cosigner's permission?

If they are not on the Certificate of Title you can sell the car. However, generally, the Title is held by the lender until the loan is paid off. You cannot sell a car without the Certificate of Title.If they are not on the Certificate of Title you can sell the car. However, generally, the Title is held by the lender until the loan is paid off. You cannot sell a car without the Certificate of Title.If they are not on the Certificate of Title you can sell the car. However, generally, the Title is held by the lender until the loan is paid off. You cannot sell a car without the Certificate of Title.If they are not on the Certificate of Title you can sell the car. However, generally, the Title is held by the lender until the loan is paid off. You cannot sell a car without the Certificate of Title.


What is meant by a mortgage?

A mortgage is a loan with your real estate as security for the loan. If you fail to make regular repayments of the loan the lender can take possession of the real estate and sell it to repay the loan.


How do i sell a wrecked car i still owe money on?

You cannot sell a car you have a loan on if the lender has a lien on the vehicle. You will need permission from the lien holder to sell the car. If the lender has no lien on the vehicle then you can sell it if you wish. The title will list any lien holder.


Can your wife sell your car if she co-signed on the loan?

She can if she is listed on the Certificate of Title as an owner.However, generally, the Title is held by the lender until the loan is paid off. You cannot sell a car without the Certificate of Title.She can if she is listed on the Certificate of Title as an owner.However, generally, the Title is held by the lender until the loan is paid off. You cannot sell a car without the Certificate of Title.She can if she is listed on the Certificate of Title as an owner.However, generally, the Title is held by the lender until the loan is paid off. You cannot sell a car without the Certificate of Title.She can if she is listed on the Certificate of Title as an owner.However, generally, the Title is held by the lender until the loan is paid off. You cannot sell a car without the Certificate of Title.


How does real estate foreclosure work?

Generally and briefly: You transfer your ownership of your property to a lender in exchange for a loan of money. If you pay off the loan the lender will release its interest in the property. If you don't pay off the loan and stop making payments the lender can take possession of the property and sell it to a new owner in order to get back its initial investment.


What lender will loan money to people with really bad credit?

A pawn shop will, because you must give them something to get the loan and if you fail to pay they will keep it and try to sell it.


Can you sell a car that you still owe money on if the buyer takes over payments?

Yes, if the lender approves of the transfer of the loan.


Term describes the right of a lender to sell collateral to get back the principal if the borrower cannot repay the loan?

Lien is the term

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