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Only the lender can remove your name from a loan. This matter must be addressed in the separation agreement. The person who is keeping the car must refinance it in their sole name and pay off the prior loan.
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∙ 13y ago
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Is there any way to get your name off of a loan if you cosigned for a car loan while you were married and then you got divorced?
The loan has to be "secured" by someone with good credit. Call the lender for their loan qualifications.
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 you change the name on your car loan so that my daughter can take it over?
It is possible for your daughter to assume responsibility for your car loan, but only with the agreement of the bank that issued the loan; you can discuss this with the bank.
If you get a loan in your name can the car be titled in another name?
No. I recently took a car loan for my son because his credit is bad. The loan is in my name, the title is in his name only. He is listed on the loan as the 'holder of colateral'.
Can you take out a loan on a car you don't own?
No, you can't, since you have to give up your title or authorize them to put a lien against it, you can't take out a title loan if it isn't in your name.
Is there any way to get your name off of a loan if you cosigned for a car loan while you were married and then you got divorced?
The loan has to be "secured" by someone with good credit. Call the lender for their loan qualifications.
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?
How can I take my name off a straw purchase on a car loan?
If you co-signed a car loan you can't take your name off the loan. If you co-sign for someone with no credit or poor credit you are promising to pay off the loan if they don't. The only way to get your name off the loan is to pay it off or have the borrower refinance the loan in their own name.
Can you take the car you sold to a friend who has not finished paying for the car but is in her name?
As long as its in HER NAME on the TITLE, you better have a loan contract showing the car as collateral before you 'take" it.
Name something for which you might take out a loan?
House Car College Boat
A car is in your name but someone else has the car and was making pymts but since she stopped paying can you take the car back?
IF her name is NOT on the TITLE or loan, it is YOUR car and you can take possession of your car. Be SURE she doesnt have a contract with you.
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 you change the name on your car loan so that my daughter can take it over?
It is possible for your daughter to assume responsibility for your car loan, but only with the agreement of the bank that issued the loan; you can discuss this with the bank.
I'm making the payments on the car but the loan is in my mother's name can she legally take it from me with no recourse?
absolutely, the car is hers because her name is on the ownership.
If you get a loan in your name can the car be titled in another name?
No. I recently took a car loan for my son because his credit is bad. The loan is in my name, the title is in his name only. He is listed on the loan as the 'holder of colateral'.
Can a co signer take over ownership of car loan and get insurance?
A co signer is for the loan, they do not have any ownership in the car unless they are on the front of the title. If they just co signed for the loan, that lmeans they will pay for it if the owner does not. Even if they paid the entire loan, they still would not own the car. To transfer the car, they would have to either pay the loan off or get a loan in their name and you sell the car to them.
Can you take out a car loan and add someone to registration For example you do not have the best credit so your fiance gets a car loan Can he then add your name to the registration?
Yes, in most states.
