Auto Loans and Financing
Repossession
Co-signing
Does a co buyer have rights to the auto loan payments?
Wiki User
2011-07-16 12:35:59
The lender has the right to receive all the payments. A co-buyer
has no rights TO the payments.
The co-buyer is equally responsible for making the
payments.
The lender has the right to receive all the payments. A co-buyer
has no rights TO the payments.
The co-buyer is equally responsible for making the
payments.
The lender has the right to receive all the payments. A co-buyer
has no rights TO the payments.
The co-buyer is equally responsible for making the
payments.
The lender has the right to receive all the payments. A co-buyer
has no rights TO the payments.
The co-buyer is equally responsible for making the
payments.
Wiki User
2011-07-16 12:35:59
The lender has the right to receive all the payments. A co-buyer
has no rights TO the payments.
The co-buyer is equally responsible for making the
payments.
Related Questions
Asked in Auto Loans and Financing, Personal Finance, Loans, Co-signing, Money Management
Who is responsible for the auto loan buyer or cobuyer?
If the buyer does not pay the loan, then the lender comes after
the co-signer. Late payments affect both credit reports. Most
recommendations are not to co-sign a loan.
Asked in Auto Loans and Financing, Loans, Money Management
Do auto loan calculators accurately predict auto loan payments?
Auto loan calculators are not reliable. Although they can
sometimes predict auto loan payments correctly, they are often
inaccurate and can cause issues.
Asked in Repossession, Co-signing
If a co-buyer is on the contract and is making the payments does the co-buyer receive the credit points or does the buyer?
Both the co-buyer and the buyer get the credit and the blame if
the loan is not paid. Co-signing on the loan is the same as getting
the loan.
Asked in Auto Loans and Financing, Loans, Money Management
How is the interest on an auto loan calculated?
Auto loan interest payments are calculated using an amortization
schedule.
Asked in Auto Loans and Financing, Personal Finance, Loans, Co-signing, Money Management
Can the primany buyer of an auto loan refinance the auto loan in the cosigner's name only?
No. The cosigner would have to apply for a loan in their name
using their credit, income data.
Asked in Loans
Would refinancing my auto loan be a good idea if I can not afford the payments/?
Refi of an auto loan can help to lower montly payments. You can
get a lower rate if you refi with a lower interest rate.
Asked in Loans
Is there a good Vehicle loan calculator?
Auto finance and car loan tips to help making car buying easier.
Cars.com's auto loan calculator estimates your monthly payments,
down payments, interest rate.
Asked in Cars & Vehicles, Auto Loans and Financing, Repossession, Personal Finance, Loans, Money Management
What is the phone number to make auto loan payments?
that depends on who your loan is through.
Do you know what company you got the loan with?
How do I find a calculator for car loan payments?
If your looking for an auto loan calculator, Bankrate is a great
place to start. They provide car loan and auto loan calculators to
help with your buying decision.
http://www.bankrate.com/calculators/auto/auto-loan-calculator.aspx
Asked in Auto Loans and Financing, Loans, Money Management
How can you calculate your estimated auto loan payments?
You can calculate your auto loan payments by using an auto loan
calculator that can be found on various websites. You will need to
enter the following information into the online auto loan
calculators: The purchase price, the cash rebate, the value of your
trade in,what you had previously owed from your trade in, your down
payment, and your interest rate.
Asked in Auto Loans and Financing, Car Selling, Loans, Money Management
Can you pay off your auto loan to the lender?
Yes when you pay off your auto loan the payment should be made
to the lender. In fact all auto loan payments should be made to the
lender who financed the loan.
Asked in Auto Loans and Financing, Repossession, Personal Finance, Loans, Co-signing, Money Management
Your ex has filed bankruptcy and you are a cobuyer on the auto loan what will happen now?
You will be responsible for the loan payments
Asked in Auto Loans and Financing, Repossession, Co-signing
Is the co-signer and co-buyer the same thing on a bank application?
Co-buyer = Name is on the title and has rights to the property.
The lender will PROBABLY insist that this person also sign the loan
as a co-signer or joint borrower.
Co-signer = Name is on the loan and is obligated to make the
payments if the primary borrower does not. This gives you NO rights
to the property.
Asked in Auto Loans and Financing, Loans
What exactly is a loan auto calculator?
An auto loan calculator helps in figuring out the amount of the
monthly auto loan payments and the paid-off date if all payment are
made, based on the auto loan amount, term, interest rate, and start
date. It can also help figure out how extra payments change the
paid-off date.
Asked in Repossession, Personal Finance, Loans, Money Management
If there is a buyer and co-buyer and the buyer does not want the auto can the co-buyer take over the loan because the buyer gets all the credit?
The co-buyer should contact the LENDER and ask to have the buyer
removed from the loan. Nothing can be done legally without the
LENDERS approval.
Asked in Personal Finance
What is the purpose of a refinance auto loan calculator?
The purpose of a refinance auto loan calculator is that it helps
you to find out if you can afford to change your loan terms. It
will tell you what your new monthly payments will be.
Asked in Personal Finance
Where can a person get a capital one auto loan?
Apply for new car loans, used car loans, and auto loan
refinancing at the official site of Capital One, and use the auto
loan calculator to estimate your payments.
Asked in Loans
What is first time new buyer home loan?
A first time new home buyer loan is a loan that is specifically
targeted to first time home buyers. Some advantages of a first time
home buyer loan include lower down payments, lower interest and
lower fees, depending on the company offering the product.
Asked in Loans
Whats the best place to refinance an auto loan?
Bank of America (BAC) offers auto loan refinance programs with
interest rates as low as 3.74%. Also bankrate offers a calculator
to figure auto loan payments.
Asked in Loans
Will a loan auto calculator help you figure out your monthly payments?
A loan auto calculator is made for precisely that, figuring out
your monthly payments. They are straight forward to use and clearly
state exactly what information they need to calculate your monthly
payment.
Asked in Auto Loans and Financing, Repossession, Car Selling
Can you sell a car that you still owe money on if the buyer takes over payments?
Yes, if the lender approves of the transfer of the loan.
Asked in Loans
What is a reverse auto loan and where can you find a calculator for one?
Reverse auto loan means paying the interest of the car loan
later, unlike regular loan payments. You may have to buy this
calculator online. I couldn't find it free for download.
Asked in Chevy Malibu
Buyer want all rights to vehicle from co buyer?
The only way to get all rights back from the co-borrower is to
have the loan refinanced. The co-borrower will have to agree to
remove their name from the car.