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Can you be on a car title without being on the loan in nc?

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βˆ™ 2007-06-14 00:01:38

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Yes. You will usually have to sign as (owner of collateral other than a borrower). This will protect the financer in case the loan goes into default.It simply saysyou understand the car is being held as collateral for the loan& if the person on the loandoes notpay, you are giving up your right in the car & they can pick it up& sell it.I do not know if all finance companys allow this but all credit unions I know of do.

2007-06-14 00:01:38
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Q: Can you be on a car title without being on the loan in nc?
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Related Questions

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.


Can a car be repossessed in California without a lien being placed on the title?

IF the loan is perfected, it can be repossessed. If you have signed a loan contract with the vehicle specified as collateral for that loan, it can be reepossessed if the loan is in default.


Can you still sell a car currently in defualt and in risk of being repossessed?

Yes, and you will have to use the proceeds to pay off the loan. If you can't sell the car for enough to cover the loan, however, you will not get a title. No one should accept a car without a title.


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.


Can one person get a title loan on a car title with two names on it?

Not without the other title holder's agreement.


What happens to remaining payments if you trade car in?

The remaining payments are usually rolled into your new car loan. The dealership cannot transfer the title into their name without the vehicle loan being paid off.


What is a title loan?

'Title Loan' is a loan you will be getting of having a car loan on your on name.


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 sell a vehicle if the cosigner refuses to sign off on the loan?

The loan must be paid before you can transfer title to the car.The loan must be paid before you can transfer title to the car.The loan must be paid before you can transfer title to the car.The loan must be paid before you can transfer title to the car.


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

yes


How does a co signer get their name off a car if they are not on the title and the owner still makes payments on time?

The loan has to be refinanced without the cosigner being involved.


Can you junk a vehicle without title if the loan company refuses to repossess the car?

ONLY if you can find someone to buy it without a title. NO buyer, NO seller.


How do you add your name on to your husband's car title when it is being held by a loan company?

you cannot


Can you register a car without being listed on the title?

Yes. When you finance a car, your name isn't on the title.


If the car title is in your parents name can you still use it to get a car title loan?

No, not legally. ( When you get a car title loan they should issue a new title stating the lienholders company. The title cannot transfer again without satisfaction of the loan). However, I'm sure these loan companies would 'overlook' not having title in your name, issue the loan, then file a lien once you missed a payment. If you can sell the car prior to the paperwork catching up, they would be out, but your credit report would be trash, and you could end up in court or a jail.


You paid your car loan off can you sell it while waiting on the title?

No, you cannot sell a car without a clear, lien free, title. Wait for the clear title or you are asking for problems.


Can you take out a loan on a car with no title?

No u have to have a title.


How do you get your car title from Bank of America?

The only way to get your car title back from the Bank of America is to pay of the loan that the title is collateral for. If the loan is paid off, they will send you the title in the mail.


Can your car be repossessed on a title loan after gone into collections?

Yes, your car can be repossessed if the title loan is in collections. Actually, this is one of the most common ways for a defaulted title loan to be settled.


Can you be on title but not on the loan?

car is in wifes and my name, she got a title loan unknowingly from the husband. She defaulted, can they take the car from the husband?


Can you take out a loan if you own the car and have the free and clear title and want to use the car as your collatoral?

You can you take out a loan if you own the car and have the free and clear title by going to a high-risk lender. This type of loan is called a title loan, and the lender will put his name on the title to your car until the money is repaid.


Can a title loan company press charges if you sold your car without paying the loan off?

depending on the state you live in and there laws you most likely will be procescuted if you knowingly sold your vehicle without a clear title in your name.


Can you change the name of the title on car without having the loan paid off?

Most likely you would have to officially take over the loan.


Can you get car title loan when two names on title?

yes


If you have a bad payday loan can you still receive a car title loan?

yes if you are lucky enough. I guess nationwide car loan executives are very smart enough to give you car title loan even if you are having bad payday loan.