You still owe the finance company the balance owed.
If you financed your car then it is always owned by the finance company, regardless of if the dealership is in business or not, until you finish paying it off.
No
you cannot use it as collateral because you need to hold title of the vehicle however in this case the finance company has the ownership of the vehicle not you.............
Advance Restaurant Finance is a great company to go through to help furnish your restaurant. The best part about this company is that they require NO collateral.
Legally you can't ! The car belongs to the finance company until it's paid off !
When your financed car breaks down, you need to get it fixed so you can drive it and keep paying your loan at the same time. If you can't afford to get it fixed, you can give the car back to the finance company.
Certainly timeshares can be financed; the companies which sell them do it all the time. On the other hand, finding a lending institution, such as a bank, or some other lending institutition to finance the timeshare is sort of like trying to find a bank to finance a piece of real estate on the Moon. Timeshares are profoundly illiquid. Purchasing a timeshare interst is easy; selling it is much more difficult. Getting some company other than the company which originally sold it to the buyer to finance the purchase is really difficult. (Obviously, the paper can be transfered to another company which basically collectes for the probable original vendor.) There are rare cases where timeshares are being financed. Usually, owners look for lending institutions to financed their timeshares. Yes, it can be financed. Some owners go to banks if they have a good credit history.
Sure you can, but you're still responsible for paying off the loan to the finance company. If the check will cover the pay-off, give it to the finance company. If it doesn't, give it to them, anyway. It'll reduce your debt by that much.
3 times amount financed
The budget of Oklahoma Housing Finance Agency is 186,000,000 dollars.
The budget of Oklahoma Office of State Finance is 43,600,000 dollars.