0
Can you return a car to the dealer if they lied to you about being a cosigner and you are the co-owner?
Wiki User
∙ 10y ago
No. You should have paid more attention to what you were signing.
Wiki User
∙ 10y ago
Add your answer:
Earn +20 pts
Can i trade my car in without the cosigner being there?
Yes, i am a dealer in sc, people do it all the time
If you are a cosigner in someone's loan for a line of credit and he is at default what can the cosigner do to take his name back?
Nothing. The only option for being remove as a cosigner is to have the original loan refinanced without the cosigner participating.
Does being a cosigner effect you being able to get a loan for yourself?
no
If a primary borrower defaults on a loan and the cosigner sues them will that prevent the lender from being able to take action against the cosigner?
No. The cosigner will still be equally responsible for the debt
Does a cosigner have rights to the car even when its paid off?
No, the cosigner will not have rights to the car after its paid off because the purpose of a cosigner is to pay off the notice if you fail to do so. Being a cosigner does not give them to any rights to the car.
Can the cosigner sell the home if payments are not being made?
Absolutely not!
Are there legal options that a cosigner can use to be removed from an auto loan?
No, a cosigner can only be relieved of the financial obligation by a refinancing of the loan agreement without them being a participant.
What if a car dealer takes your deposit but then can't get financing?
If the financing was being arranged by the dealer he should return your deposit. However, if you were arranging the financing then it is not his fault and depending on the wording of your contract he may be entitled to keep your deposit.
Can you return a car in ct after buying it?
There is no LAW that allows this.There may be reasons a car can be returned including the Dealer being unable to provide Financing as ppromised or a Negotiated return.BUTThe dealer does not HAVE to take it back under law.
Can a cosigner take possession of a car if the primary signer is not paying the payments?
Yes. I believe the loaner will contact you with a past due amount, or send you a bill. If this hasn't happened yet, contact the loaner and tell them you want possesion if the car is not being paid for by the buyer. * No. A cosigner has no legal right to a vehicle unless his or her name appears on the title. The cosigner will have to make the payments to keep the vehicle from being reposssesed or have the vehicle refinanced in his or her name with the primary borrower being released from the current agreement, this can only be done if the lender agrees.
Is a cosigner responsible to pay a credit card debt if the credit card limits are increased from what was originally cosigned?
The creditor would likely claim the cosigner is still responsible, but unless it is in the original agreement that such increases are part of the contract the cosigner could make a case for being relieved of the responsibility or only being responsible for the origninally quoted amount.
Can a dealer make you return a car after you buy it?
No, unless you are using financing to get the car. Then they can take the car back due to not being able to get you qualified for the loan amount.
