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What else can I help you with?
Where would a person with bad credit go to get a car loan?
There are many places one might go get a car loan if one had bad credit. One of the best options for anyone seeking a car loan would be one's financial institution.
Does a car insurance cover pay off on car in case of death?
Unless the person died while wrecking the car, no. I believe you are looking for a type of life insurance that pays the loan balance upon death of the owner of the loan and vehicle. This is mortgage life insurance.
If two people are listed on title of car and person on loan defaults is other person responsible?
The car goes back regardless. If BOTH of the two people are on the loan, then BOTH are responsible. But if only one is on the loan then ONLY that person is reponsible.
Where can a person get a capital one auto loan?
Apply for new car loans, used car loans, and auto loan refinancing at the official site of Capital One, and use the auto loan calculator to estimate your payments.
Can a finance company cancel the loan if the signer doesn't drive the car?
No. The loan was made and the person who made it owes for the loan. To take this one step further if the car was wrecked the loan is still owed. So, it doesn't matter who drives the car.
Who is liable for a died person's car payment?
Answer If a person dies its the responsibility of those left behind to pay for the car unless the person who died took a loan at a bank, they usually have an Insurance for such things as death. However no one is obliged to take this Insurance. Debts of a deceased person become the responsibility of the person's estate and must be paid in full before any inheritance can be distributed. If a car on which there is an outstanding loan is left to someone in the deceased's will, then the beneficiary inherits the debt as well as the car.
Can two people be on a car title with only one person on the loan?
Yes.â™
What is a Straw purchase on a car loan?
A straw purchase is when someone else signs for a car loan but the loan is being paid by someone else. For instance person "a" has bad credit and person "b"does not. Person "a"signs for a loan under the idea the car is for them, but it is actually for person "b." Person "b" then gives the car to person a to drive as their own. Person b is responcable for payments, but hopes person a will make them. This type of loan is not allowed. If a dealer knows this is taking place, they will not sell the car.
If two people signed for a car and one person wants off of the loan how does that person get out?
The other MUST refinance
Does a person who shares the title on a car but who is not on the loan have any legal responsibilities if the car is repossessed?
NONE on the loan.
Can you loan a car without the person on insurance?
no
Where could a person compare the APR on a car loan?
There are many places where one can compare the APR on a car loan. Most loan companies have an area of their website that will allow you to compare the APR offered against other companies.
