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If you get a loan in your name can the car be titled in another name?
Wiki User
∙ 8y ago
No.
I recently took a car loan for my son because his credit is bad. The loan is in my name, the title is in his name only. He is listed on the loan as the 'holder of colateral'.
Wiki User
∙ 8y ago
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Can a person with very bad credit get a car loan if they have a co signer with excellent credit?
Yes they can if they have had another loan with your name and their name.
Can you loan your car to your sibling in another state if it is registered financed and insured in your name?
Depends on your insurance company.
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.
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.
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.
Can a car be reposessed if its under another persons name?
The car can not be under another's name legally. Cars with a loan must be in that person's name. If you bought a car that was not paid off and the loan was not cleared you bought the car and the loan. Yes, they can get the car. That is why they put liens in the car. It prevents anyone from buying the car!
At what age can a car be titled in your name?
You have to be 16 for a car to be titled in your name.
Can you buy a car in Florida and have it titled in your name but tagged and insured by someone else?
You can have it insured in your name, You can have it titled in your name as lienholder and have it registered to another party
Can you trade in a car to purchase another car if the car is titled in your mothers name?
As long as she signs off on it, yes.
Can you get insurance on a car not titled in your name?
no you can't Its not in your name so you can't get insurance from a car that is not titled in your name
Can a car be titled and registered in one persons name and insured in another in nys?
Yes.
Can a person with very bad credit get a car loan if they have a co signer with excellent credit?
Yes they can if they have had another loan with your name and their name.
What do you do if your daughter has a car titled in your name in another state where she is working but seldom uses the car and instead uses public transportation?
repo it
What can ido about cosign for a car i dont have?
bought car with girlfriend they titled car in her name i didnt know this she found out car titled in her name only she took car
Can you use a car as a trade in for your new car if the trade in is titled to your daughter and has an out standing loan signed by another person and your daughter agrees to the trade in?
your daughter would have to sign the release documents for her car. As for the loan, whoever signed the loan would still have to pay the loan, regardless. The loan doesn't go away. If you do consider this, make sure there aren't any liens or any other claims to that car, through the bank or other institution.
How do you transfer registration of a car if loan is in another name?
The loan must be paid off first so the lender will release the title.
Can you lease a car in your name and register it in another?
The answer is no. You can only register it in the names of the people(s) that are on the loan.
