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If you are making payments to the bank for your car does the bank have your car title?
Wiki User
∙ 14y ago
no,you should have title.
Wiki User
∙ 14y ago
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Does a clear car title mean not making payments on the car?
It means that when you go to buy the car from the seller that you can directly get the title from them, you don't have to wait until they mail it to you, after getting it back from the bank if they had a loan on it.
Can I put a lien on a car title I'm selling if the buyer is making payments to you?
You can if you listed yourself as the lien holder of the car at the time you transferred the title to the person making payments. If you did not do this at the time you transferred them the title, you can not legally do anything.
If a bank does not hold the title to a vehicle and no bank lien is shown on the title can the bank repossess the car if payments are behind?
This is a rerun. IF someone is making paymnst, there is a security interest somewhere. Dont be fooled by the title and the leinholder part. They have a perfected lien on it. Good try, no candy for you.
How can you find out if the bank still owns your car if you never registered the car in your current state?
If you possess the title, then you own it. If you've been making the payments, you should know whether or not you've defaulted on them. If you haven't finished making the payments, the financier owns that vehicle.
Can you insure a car that you are paying payments on until its paid for from a private owner who holds the title?
I would insure any car that I was driving or making payments on. If you are on the title then you are an owner.
Can someone lease a car and someone else make the payments?
Yes, all the bank cares about is that someone is making the payments.
Can dealer call and take car back?
If you do not have title or have not been making agreed payments...YES.
Can a person in Texas repossess a car if she is making payments but is not on the car title and feels that she has already paid enough into the car?
Sure, you just lose the car.
How do you transfer car title when the car is financed with a different owner but I make the payments on the car?
Typically you cannot transfer the car title because the person who is financing the car doesnt even have the title, the title stays with the bank. Youd have to go to a dealer with the person and have the dealership work that out
When can a bank repossess someones car?
When the owner defaults on the loan payments
As a co borrower with the title in your name can you sell the car and or trade it in if you are in possession of it and are making all the payments?
If bothe names are on the title then no. If its just your name then yes. If the bank has the title then call them about it. In my experience its a huge pain in the ass to sell a car with a lien on it. Trust me. If it is a title and the other person signs off on it then yes. If you are trying to sell the car without the other named person whether it is a title or registration then no.
If you have not paid your car payments for over 3 years can you file a lost title and sell or get the title?
No, you can only replace a lost title. If the vehicle had a lien from the bank, a replacement title will still show the lien.
