Usually they have the title, so I don't know what you mean about that. However if they have a lien on it, they can re-possess the vehicle.
Indiana is an open primaryThe loan agency can't take his name off of the title
The loan agency can't take his name off of the title. The DMV can. The agency COULD take his name off of the loan, but they WON'T. They want to be able to collect from him if you don't make the payments.
Jazzy, they are the same as for other repos. Dont breach the peace and dont get caught.
you can find title loans at 1 stop title loan stores ...they have a good special right now too you can get $500 loan for only $25 and its a 30 day loan too...real good.
I have never heard of a loan company that did not require you to relinquish the title to them until the lien is satisfied but to be even more specific, the loan company will have you sign papers that validate their right to be placed as the lien holder. They will submit it to the proper state agency, usually the county treasurer's office of where you reside, and will then be sent the title with the new information. They will also run an audit to be sure there are no other lien holders currently listed on the title before issuing any money to anyone.
A small loan company may use your title as collateral for the loan but the loan is relatively small. A bigger institution would not accept your vehicle as collateral because of the lien to another agency.
Nobody is responsible for the loan if there was on cosigner. If the car was inherited by someone, then that person has a right to pay the debt owed and take possession of the title.
A title loan is also known as car title loan. It is a type of secured loan where you can use your vehicle title as collateral to get the funds you need. When you borrow with your car title, you allow the lender to place a lien on the title of your car, SUV, RV, truck, or motorcycle in exchange for a loan amount. This loan don't rely on your credit score.
Absolutely, name exists on title therefore you are part owner.
There is a right of rescission law in Delaware. It allows a loan to be rescinded one business day after loan proceeds are issued to the title borrower.
The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.
A title loan is also known as car title loan. It is a type of secured loan where you can use your vehicle title as collateral to get the funds you need. When you borrow with your car title, you allow the lender to place a lien on the title of your car, SUV, RV, truck, or motorcycle in exchange for a loan amount. This loan don't rely on your credit score.