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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.

Find out what car dealers don't want you to know at www.dealertricks.com

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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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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?

no


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?

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

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

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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?

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

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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?

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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?

IF YOU LEGALLY REMOVED THE COSIGNER FROM YOUR CAR LOAN,TITLE AND ALL. IT NOW BECOMES A CIVIL MATTER,WITH EVIDENCE ON HAND A LOCAL SHERIIFF'S MIGHT BE HELPFUL SINCE THEY HANDLE CIVIL MATTERS. I DON'T FORSEE ANY PROBLEMS IN ACQUIRING YOUR VEHICLE.


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

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

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When can a bank repossess someone's car?

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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?

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