i was able to get an auto loan with the help of a cosigner and im under 18
No. The cosigner would have to apply for a loan in their name using their credit, income data.
A cosigner- someone who agreesto pay the loan if you default
No, the refinancing without the consent or knowledge of the original cosigner created a breach of the original lending agreement and the cosigner is no longer legally obligated for the debt.
No you are not responsible but if your step daughter does not pay the loan they can still repossess the vehicle.
Yes: Your spouse/children can be included on your insurance policy regardless of who was/if there was a cosigner on the car.
will primary on a auto loan have right to the vehicle if cosigner has been paying loan for 15 months and has possession of vehicle will primary on a auto loan have right to the vehicle if cosigner has been paying loan for 15 months and has possession of vehicle
No, a cosigner can only be relieved of the financial obligation by a refinancing of the loan agreement without them being a participant.
By co-signing the loan, they are guaranteeing that you will repay the loan. They do not need to be on the auto insurance policy, but it would be in their best interest.
A cosigner cannot be removed from the debt obligation except by a refinancing of the loan without the original cosigner's participation.