The lien holder owns the vehicle and can legally hold the title until the loan agreement is settled or paid in full.
The typical term length of a title loan is 3 years.
The dealership should have a trade-in authorization letter so you can get the car title when you pay off your loan. If not, you would just write that you are giving permission to get the title for a trade in.
Normally you can. You will have to get the Lender on the Second Mortgage to "SUBORDINATE" the loan for you. They may charge a small fee to do so. Your Title company can help you.
The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.
Yes, they would obviously know about it. When a title loan company offers you a title loan, it will check the car title well in advance. When it checks the title, it will easily come to know about any liens.
The typical term length of a title loan is 3 years.
journal entry to write off a loan
The dealership should have a trade-in authorization letter so you can get the car title when you pay off your loan. If not, you would just write that you are giving permission to get the title for a trade in.
They charged off the the loan on the vehicle as a bad debt. They did not actually own the vehicle, you cannot charge anyone storage fees for defaulting on a loan. They will only send you the title when you settle the debt. If at all.
IF there is a LEINHOLDER on ANY title, it belongs to the LEINHOLDER.
Normally you can. You will have to get the Lender on the Second Mortgage to "SUBORDINATE" the loan for you. They may charge a small fee to do so. Your Title company can help you.
where can I get a title loan in salt lake city Utah if my car is 20 years old but has a new engine, transmission, everything rebuilt, and I have paperwork to prove it.
A title loan is also known as car title loan. It is a type of secured loan where you can use your vehicle title as collateral to get the funds you need. When you borrow with your car title, you allow the lender to place a lien on the title of your car, SUV, RV, truck, or motorcycle in exchange for a loan amount. This loan don't rely on your credit score.
The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.
A title loan is also known as car title loan. It is a type of secured loan where you can use your vehicle title as collateral to get the funds you need. When you borrow with your car title, you allow the lender to place a lien on the title of your car, SUV, RV, truck, or motorcycle in exchange for a loan amount. This loan don't rely on your credit score.
Yes, they would obviously know about it. When a title loan company offers you a title loan, it will check the car title well in advance. When it checks the title, it will easily come to know about any liens.
no they cant only after 2 years