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A lender will not let one person just "drop off" a loan. They like the fact that they have 2 people who are equally responsible for paying, in case something goes wrong.

Usually the only way to do this is to refinance the vehicle. This can be done either with the same lender or another lender.

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โˆ™ 2015-07-15 18:30:01
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Q: How can you have someone removed from a car loan?
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Related questions

How do you get out of a used car loan?

To get out of a used car loan, pay off the loan or find someone else who will do that.

How do you put your car loan in someone else's name?

You just can't place your loan in someone else's name. That other person has to get his/her own loan for the car and pay off your loan.

Can someone remove themselves from a car loan if you signed with another person as the car is being financed?

If they both signed the contract and were legally able to enter into a loan contract no names will be removed. All signers remain equally responsible for the loan until it is paid off.

Can someone with a credit score of 512 get a car loan?


Where can someone get a car loan guaranteed?

One can't get a car loan guaranteed. Nothing in life is guaranteed. There are many factors that come into play when asking for a car loan such as credit score and age.

Can you Lease a car from someone with a loan on the car?

No. In my experience and from what I've read, it is not wise to lease a car from someone with a loan. They can still be held responsible for the car if anything happens to it. If you cannot afford to make the payments and the bank comes to collect the car, and the owner does not have it, they can be arrested.

Can you sell a car that has a loan attached?

Yes, you can sell a car with a loan attached. You must pay off the loan with the money you receive in order to have a clear title or you must get someone to take over your loan.

If you moved to another country but still have a car loan can you refinance that loan in someone else's name?

The "someone else" needs to apply for a loan to pay off your car loan. With your loan paid off, you can sign the title over showing it free & clear. Don't sign off on the title until you know the loan is paid--or you could find that you no longer own the car but still have a loan to pay.

Can a dealer collect on repo unpaid balance?

Yes - if the car loan was with the dealer, the dealer can sue the debtor for the balance of the car loan after the car is sold to someone else.

Can you sue someone who signed a car loan for you and then took the car after it was paid for for 2 years?


Which of these allows someone to buy a car that costs more than he or she can afford?

CAR Loan

How can someone be released from cosigning a mortgage loan without ruining their credit?

The only way to be removed from the obligation of cosigner is for the loan to be refinanced.

If the title to a car is in your name but the name for the car loan is in someone elses name who has legal ownership?

If only your name is on the title and the loan is not listed as a lien on that title then you are the legal owner. If someone else obtained a car loan for you then their name should be on the title to the car with yours. The question of ownership should be addressed if someone was kind enough to borrow money for you to have a car. The car should have full insurance coverage in case of an accident.

Can you register your car in someone elses name if its under a loan?


Can a primary be removed from a loan?

That will have to be arranged between the lender and the co-signor. The only way to remove anyone from a loan is to have the person being removed sign verifying that they want to be removed AND whoever will be left on (or added to) the loan must reapply for the loan on their own. This means, if the cosigner does not have good enough credit, then either the primary must stay on the loan or (if the loan is backed by collateral such as a car or house) then the collateral can be sold to a third party. In which case, of course, the primary and cosigner will be removed.

If your ex stops making payments on a joint car loan after taking the car to another state and has cut off contact with you what can you do to protect your credit and get removed from the loan?

Call a lawyer. ASAP

If you refinance a loan to have the cosigner removed and the cosigner has the car how do you go about getting the car from them if the loan and title are now in your name only?


Where can someone find a car loan with a low rate?

You can find a car loan with low rates by visiting auto loan companies such as Nation Wide Auto Lending. You can also visit insurance companies such as State Farm for car loan rate quotes.

Can you be liable if someone was driving your car and he hit a pedestrian walking out of a crosswalk?

It was your car so your insurance will have to pay. Never loan a car out to someone who is not on your insurance policy.

What kind of loan is an auto loan?

An auto loan is a loan that's given to someone to enable him/her buy a car while they pay back within a period of time below is my recomendation for best auto loan

In California how long can a car be impounded for if you loan it to someone who does not have a license?


When can a bank repossess someone's car?

When the owner defaults on the loan payments

How easy is it to have your name removed from a car loan?

You cannot get your name removed from a valid loan. If you signed the contract your name remains in place until the loan is paid off. The only time I have seen the name on a valid loan adjusted was when a signer passed away and another party legally assumed the loan from the finance company. And no, divorce decrees will not help you.

Where can one find a payment calculator for a car loan?

All banks that offer loans, whether it be a car loan, business loan, or house loan, also offer a payment calculator which helps determine how much someone can afford to pay.

What is a Straw purchase on a car loan?

A straw purchase is when someone else signs for a car loan but the loan is being paid by someone else. For instance person "a" has bad credit and person "b"does not. Person "a"signs for a loan under the idea the car is for them, but it is actually for person "b." Person "b" then gives the car to person a to drive as their own. Person b is responcable for payments, but hopes person a will make them. This type of loan is not allowed. If a dealer knows this is taking place, they will not sell the car.

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