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Not without the other title holder's agreement.

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โˆ™ 2016-02-18 19:42:30
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Q: Can one person get a title loan on a car title with two names on it?
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Can you get car title loan when two names on title?


Do both person has to sign on a car title loan if both names are on the title?

Not in NY state. Others may be different. Check at your DMV.

If you have a cosigner for an auto loan do both names have to be on the car's title?

The lender will probably insist that all names on the title also be on the loan, but not the other way around.

What happens to the car and title if primary person on car loan dies and the secondary person has survived?

The estate has to settle the title. The secondary person can be held responsible for the loan until it is resolved.

Does a person who shares the title on a car but who is not on the loan have any legal responsibilities if the car is repossessed?

NONE on the loan.

If two names are on a title and two names are on the loan if you take the car can the other person on the title have you arrested?

No, if your name is one of the two on the title. That makes the car as much your property as it is theirs. If you intentionally deprive them of the use of the car by hiding or destroying it, then it becomes a civil matter - not criminal.

Can a car be repossessed if two names on title and one person took out loan?

Yes. How many names are on the title and/or the loan means absolutely nothing... so long as there is a lien on that vehicle, that lienholder is the sole lawful owner of that vehicle, and can repossess it as recourse for delinquent payments.

What does it mean if there's a lien on a car title?

A lien on a car title most typically means that money is still owed on the car. When a person takes out a loan on a car a lien is put on the title until the full repayment of the loan.

How do you have a person completely take over a car loan payment?

sign the title over to the person buying the car

What is a title loan?

A title loan is also known as car title loan. It is a type of secured loan where you can use your vehicle title as collateral to get the funds you need. When you borrow with your car title, you allow the lender to place a lien on the title of your car, SUV, RV, truck, or motorcycle in exchange for a loan amount. This loan don't rely on your credit score.

What happens if you Car title loan in default and car is totaled?

Typically you need a car with insurance to get a title loan. If your car is totaled, the loan company are entitled to that money since they hold the title for your car.

Can you get a auto loan but put the car in someone else name?

You can cosign but both names will be on title.

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