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Yes, but it might have to be a place that carries their own paper-which means more interest if no one else will do it. It also depends on circumstances. (Was it voluntary)
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If you are the primary on the car note for an auto loan you got with someone else who pays when the car is repossessed?
As the primary, you are the first one they go after.
If I have an auto loan can I get a second auto loan for another car?
Depends on your credit history That would be up to the lender.
You had an auto loan with Chrysler Financial and they sold your car to another company because you were behind on payments Now your car has been repossessed Can you get your car back?
YES YOU CAN BUT THERE IS A SHORT TIME FRAME TO RECOVER IT AND YOU MUST BRING THE ACCT CURRENT FIRST.
Can your car be repossessed on a title loan after gone into collections?
Yes, your car can be repossessed if the title loan is in collections. Actually, this is one of the most common ways for a defaulted title loan to be settled.
If you get youre car get repossed can you buy a new car?
Sure, but you might have trouble getting the loan to buy it due to the fact that your other car got repossessed by the bank that gave you another loan.
If there are two owners on a auto title and only one signs for a auto title loan and dies is the other person responsible for paying balance of loan?
The short answer is yes, if you want to keep the car. Otherwise the loan will go into default and it will be repossessed. If you did not sign for the loan, it will not affect your credit.
Who pays the loan if a car is repossessed?
The one who BORROWED the money and/or the on who COSIGNED the loan.
Can you get sued for the balance of your car loan after the car is repossessed and sold?
Yes.
If you tell an auto dealer that you have a job when you know you are quitting that job can you get in trouble?
If they have already approved your loan, you won't get in trouble. If you have trouble paying your loan because you don't have a job, your car will be repossessed.
If you can't afford your auto loan but owe more than you can sell the car for is there any way to get out of it without having it reposessed?
Yes. Talk to the lender and tell them you want to sell the car, give them the proceeds from the sale, and take out another loan for the balance due. It can be a personnel loan or use something else as collateral. Do whatever you can to avoid having the car repossessed.
Does a person who shares the title on a car but who is not on the loan have any legal responsibilities if the car is repossessed?
NONE on the loan.
What if the bank sells your repossessed car for more than you owe?
your auto loan gets paid off and whatever is left over goes to the bank
