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If you get a cash loan against your car title can the lender reposses your car?
Wiki User
∙ 15y ago
You DON'T have the title if you have used as collateral, remember, you signed it over to the them.....Yes, they can get the vehicle
Wiki User
∙ 18y ago
Wiki User
∙ 15y agoOf course. They hold the title and can have it put into their name and repo the car to sell it to get the money back that they loaned you.
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How do I arrange a settlement cash advance?
A lender who advances cash against a settlement is also called a "payday lender," known for extremely high interest rates. A cash advance lender will want to see all documentation of the case to determine that an award is to be made.
How do you buy a used car from a private party if it's still being paid off?
There will be a lien on their title from their lender. You need a title in your name with them only as the lienholder. Unless you are paying cash, then there would be no lien on your title.
Do auto cash title loans put a lien against your car?
Auto cash title loans do not put a lien on your car. What happens is you surrender the title to the loan company and they give you cash. If you fail to pay back the loan, they have the title and are now able to legally come and take your vehicle.
What is an immediate cash advance?
Am immediate cash advance is sometimes also called a payday loan. A lender, sometimes an employer, advances the borrower money against their next pay check.
What is title seasoning for mortgages?
Title seasoning is when the lender requires the seller to be on title for a certain amount of time prior to closing. Title seasoning is only an issue when the buyer is in need of financing. So if you are a buyer who needs financing and you are buying from a seller who's been on title for a week, you need to have your mortgage broker find a lender who does not have title seasoning requirements. If you are a seller, you either need to wait 90 days before you sell a property since that's what a lot of lenders require, find a cash buyer who doesn't need financing, or find a lender that does not have seasoning requirements.
Can you borrow against your life insurance plan or use it as collatoral for a loan?
You can take out the net cash value on your policy if you have cash value, or you can assign the policy as collateral for a loan, and change the beneficiary to be the lender.
What exactly is a cash flow note?
A cash flow note is a contract between a person borrowing money and the lender. The cash flow note promises that the borrower will pay the lender back.
What exactly is a cash flow lender?
A cash flow lender is responsible for lending or not lending to perspective loaners. The "cash flow" part is referring to the cash flow that the loaner believes he/she will generate from the business, that they are subsequently borrowing the loan for.
After closing your deed was in error Can you sue title co?
My texas cash out loan did not close according to the texas constitution can i make a claim against my title company
If your car is paid off can you turn in the title for cash?
You can sell it for cash if you have the title.
How do payday cash advances work?
You give the lender a check for the amount of money you want to borrow – plus a fee. The lender keeps your check and gives you cash – less the fee they charge. On your next payday, you have to pay the lender in cash. For more information visit the simplycash.ca
What are the Cash flow lenders interest rates?
Cash flow lender interest rates will vary greatly from lender to lender. They will also vary greatly with the credit rating of the borrower. A personal estimate is the only way to get an accurate estimate of interest rate.
