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Sell the car!! Just because someone is moving out of the country does not remove their responsibility of paying the car loan. You agreed, in writing, to pay back all monies loaned to you to purchase the vehicle. You must pay the loan one way or the other.
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∙ 16y ago
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Can a financed car be used as collateral for a loan?
Since the car is financed, it already is collateral for a loan. Your car loan uses the car as collateral for that loan. I think the only way for you to use the car as collateral for a different loan is to have the NEW lender pay off your car loan, tack the ammount of the car loan on to the new loan you are getting, therefore they would then be the leinholder on the car.
Can you add a previous car loan into a new car loan?
No, it is not possible. Your previous loan must be completed to get a new car loan
What happens if don't pay the car loan?
If you fail to pay your car loan the bank can repossses your car. It also goes on your credit rating that you defaulted on a loan.
How can a minor get a car loan?
A minor can not get a car loan ithout a parent signing the papers.
Can you get a loan modification on your car?
Car loan modification is one such option to avoid repossession of your car. So what happens here.... the service provider(loan modifier) studies your loan history and they directly deal with the lender and they modify your car loan .... meaning they help you in Reducing payments and keep your car, boat, SUV or truck.
Where can one learn about overseas moving?
"One can learn about overseas moving through many pamphlets and guides that can be bought at many different book stores, and it is even possible to learn about overseas moving through people you know that have done overseas moving, themselves."
What can you do to stop car repo overseas?
There are a number of things that you can do to stop a car repo oversees. One of the best options is to ensure that you pay up the entire car loan and any other relevant charges.
Which company is the best for overseas moving?
The "best" overseas moving company is really up to personal opinion and the specific job one needs. The top overseas moving companies include Pickfords, Shipit and Britannia-Movers.
Do you have advice for moving overseas especially with regard to shipping things?
you sould think like your riding in a car and keep the stuff in a safe place.
my friend gave me a car before moving to the phillipines and i havent transferred the title paper under my name.can i satill get a loan?
You must transfer the title of the car your friend gave under your name in order to apply or recieve a title loan on the car.
Why are U.S firms moving manufacturing jobs overseas?
labor cost less overseas =)
Can a financed car be used as collateral for a loan?
Since the car is financed, it already is collateral for a loan. Your car loan uses the car as collateral for that loan. I think the only way for you to use the car as collateral for a different loan is to have the NEW lender pay off your car loan, tack the ammount of the car loan on to the new loan you are getting, therefore they would then be the leinholder on the car.
Can you add a previous car loan into a new car loan?
No, it is not possible. Your previous loan must be completed to get a new car loan
Can you get a Perkins Loan when you are studying at an overseas university?
Only if the overseas university is recogzined by the U.S. Department of Education and has a DOE number.
If you live overseas do you still have to pay back your student loan?
yes.
If you are moving from Canada to the US permanently and you still owe about 6K on a car loan and want to take your car with you and keep making payments how do you go about doing this?
Contact the lender.
Deere and Company moving jobs overseas?
YES
