A Dun & Bradstreet number or D&B D-U-N-S® Number is an identification number for a business. Business credit is separate from personal credit and cannot be used for personal loans. However, if the car is for business purposes, like a food truck, for example, you may be able to leverage business credit to purchase the vehicle.
There are a number of places one may be able to get a loan to purchase a car after declaring bankruptcy. Depending on how long ago the bankruptcy was declared, a number of banks and credit unions may offer one a loan.
Since the car is financed, it already is collateral for a loan. Your car loan uses the car as collateral for that loan. I think the only way for you to use the car as collateral for a different loan is to have the NEW lender pay off your car loan, tack the ammount of the car loan on to the new loan you are getting, therefore they would then be the leinholder on the car.
No, it is not possible. Your previous loan must be completed to get a new car loan
YES, you have to pay off the loan. You have agreed to pay the lender X number of dollars for X number of months in return for letting you use X number of dollars to buy a car. Once the car is sold, the sale price is deducted from the balance due and you still owe that amount.
If you fail to pay your car loan the bank can repossses your car. It also goes on your credit rating that you defaulted on a loan.
They died in a car wreck.
There are a number of places one may be able to get a loan to purchase a car after declaring bankruptcy. Depending on how long ago the bankruptcy was declared, a number of banks and credit unions may offer one a loan.
Absolutely not!
A Social Security Number or Taxpayer ID Number are generally required in order to obtain a mortgage loan.
Dunn was identified in the police report as the vehicle's driver
Since the car is financed, it already is collateral for a loan. Your car loan uses the car as collateral for that loan. I think the only way for you to use the car as collateral for a different loan is to have the NEW lender pay off your car loan, tack the ammount of the car loan on to the new loan you are getting, therefore they would then be the leinholder on the car.
No, it is not possible. Your previous loan must be completed to get a new car loan
No.
If one has bad credit and cannot get approved for a car loan through a bank, there are a number of companies that can help. Some options include Cars Direct, Car Loans Canada and 310-LOAN.
(car loan * APR + car loan) / 12/ amount of years. i think
Ryan Dunn apparently was not in a serious relationship when he died in the crash of his Porsche in 2011. Dunn was intoxicated, and a passenger in his car was also killed.
You can get out of your car loan by selling the car you have. You can also return the car to the finance company.