Under US federal law, they may not do this.
Nationwide Auto Lending, Texas Auto Loan, and Car Loans of Houston provide car loan financing. There are also car dealers that partner with local creditors, banks, and lenders to help consumers finance vehicles.
yes
1-800-215-6195 is the correct number for B of A auto loan payoff.
If you are a cosigner on a loan, you are responsible for the debt of the loan if the primary signed defaults on the loan. So, yes you can be called to pay on the loan by the creditors.
Yes. However, if you default on your loan, they are legally entitled to repossess and sell it. Always be careful before committing to anything!
Generally, your wife would not be legally responsible for paying your loan unless she co-signed the loan or is otherwise legally bound to it. If the loan is solely in your name, it remains your responsibility. However, if you default on the loan, creditors may seek repayment through other means, which could indirectly affect your family's finances. It's advisable to consult a financial advisor or attorney for personalized guidance.
Auto Loan
Auto loan calculators are not reliable. Although they can sometimes predict auto loan payments correctly, they are often inaccurate and can cause issues.
You can refinance an auto loan at any place you can get an auto loan. It may be best to use an agency in which you have already gotten a loan through before.
An auto loan is a secured loan. A lien on the car helps the lessen the risk for the lender.
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.
There are several useful auto loan calculators online. The one found at http://www.bankrate.com/calculators/auto/auto-loan-calculator.aspx gives you a lot of information/