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Yes, depends on the co-signers credit.

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โˆ™ 2006-03-27 19:54:22
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Q: Can a person who financed a car co-sign for another person?
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Related questions

Can you cosign on an auto loan if you financed a car recently?

Yes, as long as the person you are co-signing for has an income. The rule is one income one loan two incomes two loans.


Can someone without a job co-sign on a car?

Yes, a person without a job can cosign on a car loan. However, the person must have great credit before they can cosign.


How many time can you cosign a car?

how many times can someone cosign a car


Your ex cosigned car lease How do you remove her from lease without losing vehicle?

You can have another person cosign for that person. As long as your the primary you wont need her to get her off the lease.


How long does a dealer have to let a person drive a car that hasn't been financed before the person has to return the car?

50000000000 years


Why would a bank sell someone's car?

Because the bank owns the car. The person that financed the car did not pay the bank.


If your car is financed through a dealer do you have to have full coverage insurance?

I believe it depends on the state, but as far as I know, if you have to have full coverage on a financed car, it doesn't matter where it's financed. If you still have questions, ask your insurance person, they'll know the answer.


Can you register a financed car?

You can, should, and are legally required to register a financed car.


If cosigner has a car loan already may she cosign for someone and be approved for that person and the cosigner has good credit?

Yes.


Can someone not related to you cosign a car?

Yes.


How can a cosigner get out of a collection from a car reposession?

I don't think you can. You are stuck. That's what it means to cosign. If the person doesn't pay they have you to pay.


Who is responsible to repairs to a financed car?

For items covered under warranty, the dealer. For items which are not, the person who is making the payments on the car.


Does a finance company who has repossessed your vehicle have any rights to your new car that is financed by another lender?

No


Can a husband cosign for a car loan for his wife?

Yes


Can you cosign a car loan in a different state?

nope


If i cosign a car for someone will my name come off in a year?

No. It doesn't come off until the loan is paid and if the person who is getting the loan doesn't pay you will owe for the loan. When you cosign it also goes on your credit report.


Can you cosign without your name being on the car just the car loan?

yes


Can you loan your car to your sibling in another state if it is registered financed and insured in your name?

Depends on your insurance company.


If you owe money on a financed car that's reposessed and buy another car can anyone take your newly purchased car?

Yes, especially if you leave the keys in it.


How can you find out if a car has been financed?

Look at the registration card. Just below the name of the title holder is "lienholder." If there is a name or company name there, then there is a lien on the car and the person will not have a pink slip. If the person has a pink slip, there is no lien on the car. There may be other reasons for a lien to be on a car, but the most common is that the car has been financed and the load has not yet been paid off.


Car broken and needs repairs and it is financed?

car is broken and needs major repairs but is still financed how do pay for the repairs


Average amount financed for new car?

What is the average amount financed in an auto loan


Can somebody cosign for a car for you over the phone?

Unfortunately, no. When someone is cosigning something, they must be present. The reason being that they have to be there in person to sign the papers personally.


Can you be sent to civil court after a car repossession?

Yes. Most lenders will auction a repossessed car and sue the person who financed the car for any balance or fees still owed.


What percentage of new car purchases are financed?

73% of new car purchases are financed, according to this website: http://www.newcars.com/how-to-buy-a-new-car/auto-financing.html