where can I get a title loan in Salt Lake City Utah if my car is 20 years old but has a new engine, transmission, everything rebuilt, and I have paperwork to prove it.
Yes, if you did not pay back the loan. That is what "signing over" the car is all about.
The lien holder owns the vehicle and can legally hold the title until the loan agreement is settled or paid in full.
Any title holder must relinquish ownership by signing the title release
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.
sign the title over to the person buying the car
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.
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.
When purchasing a car on credit, a loan is obtained and the loan is paid off over time. For example, a car loan paid off over 5 years, with monthly payments, is considered to amortized over 5 years.
Yes, you can sell a car with a loan attached. You must pay off the loan with the money you receive in order to have a clear title or you must get someone to take over your loan.
No u have to have a title.
When you sign over your car title, it is like getting a payday loan. You will have high interest and a short time to pay it back. They will give you more time to pay back the loan, because they have your car title and can repose it if you are late on your payments. Be very careful when using predatory lending.
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?