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The lien holder owns the vehicle and can legally hold the title until the loan agreement is settled or paid in full.

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Q: If you have a charge off or write off on a car loan and the charge off is over 7 years old who owns the title to the car?
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What is the typical term length of a title loan?

The typical term length of a title loan is 3 years.


How do you write a trade-in authorization letter to get your car title when you pay off your 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.


If you have a second loan on your mortgage can you refinance on just the primary loan?

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.


Can I get my name off the title and loan of my ex-son in law's van if he still has a loan on the van?

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.


Can one title loan company find out if you already have a title loan?

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.

Related questions

What is the typical term length of a title loan?

The typical term length of a title loan is 3 years.


What is the journal entry to charge-off a loan?

journal entry to write off a loan


How do you write a trade-in authorization letter to get your car title when you pay off your 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.


The bank charged off and never repo'd the vehicle It's 4 years later you want to charge them the 35 dollar a day storage fee for 4 years Will they settle it with just sending you the title?

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 charge off on an auto loan and you have the car who does it belong to?

IF there is a LEINHOLDER on ANY title, it belongs to the LEINHOLDER.


If you have a second loan on your mortgage can you refinance on just the primary loan?

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.


Can you get a title loan on a car over 10 years old?

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.


What is a title loan?

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.


Can I get my name off the title and loan of my ex-son in law's van if he still has a loan on the van?

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.


What is Title loan?

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.


Can one title loan company find out if you already have a title loan?

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.


Can a bank do a Charge off on a boat loan then Repo 3 years later?

no they cant only after 2 years