I do not understand how you can be in posession of the title when the vehicle is financed. The vehicle title is alwaysheld by the finance company until all payments are made and the loan balance is paid in full.
As for locating the vehicle you will need to talk to your son, or let the finance company repo experts locate it and get it back then.
The only way to be relieved from cosigning obligations is for the primary borrower to refinance the vehicle. And no, if the person's name is not on the car title they have no ownership rights.
Do you make car title loans
The title to the property is what defines ownership. The person cosigning a loan has no rights to the property unless their name is also on the General Warranty Deed/title.
No, a cosigner generally has no legal rights to the property that they are cosigning for.
There are several different title loans available for motorcycles. Motorcycle title loans are usually short term and expected to be paid back within 14 days. There are many options for motorcycle title loans. The loans may not be as big as those on a regular vehicle but can still help you out when you need it the most.
Cash for title loans
Title loans have a variety of different names like car title loans, auto title loans, pink slip loans, loan max title loans, title max loans, cash title loans, cash loans for car titles and the list goes on. They have different names because of the varying title loan companies that label them differently.Basically though, title loans use the equity of a person's vehicle as leverage to get that person a loan. Many of the title loan websites will say, "a person can use their car as collateral for a car title loan!" Even though they are overly enthusiastic, essentially they are right.Title loans are most commonly used as short-term loans. Some call them emergency loans. Another similar loan are called payday loans. Though they are similar - there are some differences.title loans come with better interest rates than payday loans (using the car as leverage for the loan allows this)title loans usually allow for a longer grace period before repayment (this probably varies between companies)title loans allows more borrowing power for customers - in some states it can be as high as $40,000 (payday loans usually allow people to borrow no more than $1500)Those are the major differences. Each State regulates them differently. It is a fairly new industry, so States are becoming more strict with rules & regulations. This makes title loans a better option for consumers.It is my opinion that they are best used to avoid ridiculous hidden fees & hidden charges by banks and credit card companies. Title loans can save people money.Title loans are popular to 'those' people with no credit/bad credit (probably more now than ever). With this being said, people can be irresponsible with borrowing and may fall behind on repayments of the loan. In this event the title loan can be rolled over to the next month. Customers should NOT continue to roll over their title loans. This comes with expensive circumstances! To avoid this, it is recommended to only borrow what is absolutely needed and make the necessary financial corrections in your life ASAP to make repayment possible.Title loans are only valid in certain states but the most popular is California, Nevada and Illinois. There are companies large enough to care about their future and have many partner companies to get the money.
Title loans work easily through TitleMax. All one has to do is apply for a loan by bringing in the title for their car, get approved, get their cash, and then get their title back.
Car title loans are short-term, high-interest loans where borrowers use their vehicle's title as collateral. The lender holds the title until the loan is repaid. Borrowers can typically access a percentage of their car's value. These loans often have steep interest rates and can lead to repossession if not repaid on time.
You can find a good overview of title loans at About.com (http://banking.about.com/od/loans/a/cartitleloans.htm). But I think the best place to check is the website of your state's Attorney General. There you will get information about the laws governing title loans in your state so you don
iyear loan on the title of your car
You can title loans in a lot of places in Kansas. You will have to put up your car as collateral though. Midwest Title Loans is a good company offering them.