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If you cosigned for an auto loan and your name is on the title do you have a right to the auto?
Wiki User
∙ 14y ago
Absolutely, name exists on title therefore you are part owner.
Wiki User
∙ 14y ago
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If someone cosigned for a auto loan and you defaulted can they all of a sudden place a lien on your house right before you sale it in 3 weeks?
yes they can do it
Someone cosigned a loan for me and I since lost my job can this person file suit for the entire loan or just what she cosigned for?
No, you would have to redo the loan.
Where can you get a auto title loans in Phoenix AZ?
you can find title loans at 1 stop title loan stores ...they have a good special right now too you can get $500 loan for only $25 and its a 30 day loan too...real good.
What happens if you were a cosigner on an auto loan but now your credit is terrible and you are in a credit consolidation program?
As far as the auto loan you cosigned for, nothing will happen as long as the person who actually borrowed the money makes the payments on time.
What happens if I don't repay an auto title loan?
You will lose the car if the Auto title loan is not paid. The lapse in repayment can result in reposession of the car.
If you have been served a notice of deficiency for a delinquent auto loan you cosigned on will the bank settle?
Make them a REASONABLE offer. All they can do is say no.
In North Carolina if you have cosigned for an auto loan and the loan is in default and the auto is damaged is the cosigner responsible for the damage?
No - just the loan. BUT! The seller may repossess and sell the damaged car for $500.00 to apply to the loan rather than maybe $2000.00. So it's about the same anyway. You lose.
Where can I find out more about automobile title loans?
Automobile title loans is a good thing to use when in need of an auto car loan for yourself. To learn more about this information on auto loan you can check www.pinksliploan.com/Vehicle-Title-Loan.
What is the remedy if both the person and car you cosigned for an auto loan are missing?
File for missing person. If your name is also on title then file for theft, if not then that cannot be helped. You can apply with the bank that your name be removed from the loan which most likely will cause you to pay a certain amount or you wont even be able to have it removed.
If someone cosigned an auto loan can someone else take over as the cosigner a few months later?
From my experience, you would have to re-finance the suto loan with the new co-signer.
What are some disadvantages of an auto title loan?
Auto title loans are risky at best. Interest rates are very high, it may become impossible to pay off the loan. A good article about the disadvantages of an auto title loan can be found here: http://articles.cnn.com/2008-10-08/living/aa.car.title.loans_1_car-title-loan-interest-rates-responsible-lending-for-title-loans?_s=PM:LIVING
What is the difference between a normal auto loan and a title auto loan?
With a title auto loan, your vehicle has already been paid off and you are using it as collateral for a new loan sometimes referred to as a cash advance. A normal auto loan is dedicated to the new or used vehicle and the funds normally are not used for anything else unless financed within the loan ie. warranty.
