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Is the buyer still responsible for buying a vehicle if the cosigner refuses to sign?
Wiki User
∙ 17y ago
The primary borrower is always responsible for the debt if he or she has signed a valid lending agreement. It would seem logical that if the lender required the primary to have a cosigner and the named person refused to take on that responsibility then the transaction would not occur.
Wiki User
∙ 17y ago
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Does a cosigner have rights to a vehicle?
No, a cosigner only has the legal obligation to pay the debt if the primary borrower defaults on the lending agreement.The exception to this would be if the cosigner is a joint title holder of the vehicle.COSINGER!Does a consignor have rights to the vehicle if the people who is buying the car never missed a payment?
Buying a car with temporary permit?
Buying a car may need to be done with a cosigner if you are only using a temporary permit. You will not want to try to finance a vehicle as this would not be approved.
How does a car-buying service work?
A car buying service is more of a broker who helps you purchase a vehicle. However, you can take your vehicle to a dealership or try Auto Trader to sell your vehicle easily.
The FOMC is responsible for?
buying and selling U.S. securities
What is open title?
no, buying vehicle from someone who got the vehicle through a mechanics lien
What should I look for when buying a used wheelchair van?
Buying any used vehicle is tough. You should have a mechanic with you too inspect the vehicle prior to purchase.
What are your consumer rights when buying a bottle of pop which turns out to be out of date?
Stop buying it and informing the person who is in responsible.
What is a gatekeeper in the buying center?
Gatekeeper --The individual responsible for the flow of information to the other members of the buying center
Can a person with low credit and a cosigner with good credit get a car loan?
Yes. As long as you have a co-Signer with good credit and at least 2% down, You should have no problem. ex. if buying a 20000.00 vehicle, You would want at least 4000.00 down, And more than likely your going to have an interest rate of 10%+
Who is responsible for fixing a septic system when buying a home?
Put it in the contract if you are buying, the current owner should fix it.
How can you buy a new van without any money?
If you have no money to pay down on this vehicle or do not have a vehicle to trade in that you have no business buying a new van. You should be buying a used van.
Do you need to be advised it's a salvage car?
When buying the salvage vehicle, ensure that you search the history of the vehicle.
