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they would more than likely take your car!!
Repo your car and bad mark on your credit history.
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∙ 11y ago
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How can you get out of a home loan prepayment penalty?
If this prepayment penalty is written into the contract, no way can you get out of it. Usually, though, the prepayment penalties last about 3 years. At the end of the 3 years, the prepayment penalty will be gone. Also, some companies will forgive the prepayment penalty, if you get your new mortgage through them if you are selling your current house and buying another house. Prepayment penalties are usually for paying off the loan, or paying big amounts back on the loan. Your contact will specify what the prepayment is for.
Should both names be on the property title if you co sign a loan?
If you co-sign and your name is not on the title to the property then you may become responsible for paying for property you do not own. When you co-sign you are agreeing to pay off the loan if the primary borrower fails to pay.If you co-sign and your name is not on the title to the property then you may become responsible for paying for property you do not own. When you co-sign you are agreeing to pay off the loan if the primary borrower fails to pay.If you co-sign and your name is not on the title to the property then you may become responsible for paying for property you do not own. When you co-sign you are agreeing to pay off the loan if the primary borrower fails to pay.If you co-sign and your name is not on the title to the property then you may become responsible for paying for property you do not own. When you co-sign you are agreeing to pay off the loan if the primary borrower fails to pay.
Are there any penalties for canceling a loan?
Usually the only penalties (and I wouldn't call them penalties) for canceling a loan are the out-of-pocket expenses that have been incurred--the appraisal, the title work and the credit report. These have to be paid by the applicant as they are 3rd party expenses. And I would add to the above, any comittment or lock-in fees paid...which makes sense as those are payments you make to assure something from the lender.
What happens if you repay a Logbook Loan early?
There are penalties for overpayment or early repayment of your loan.
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.
How can you eliminate the interest and penalties on your student loan?
The penalties by paying on time. The interest by paying it off.
How do you get out of paying a title loan back?
get a agent
Can co borrower gain possession of a vehicle from primary borrower?
Only if their name is on the title or by a court decree after suing the primary for not paying the loan.Only if their name is on the title or by a court decree after suing the primary for not paying the loan.Only if their name is on the title or by a court decree after suing the primary for not paying the loan.Only if their name is on the title or by a court decree after suing the primary for not paying the loan.
Do you have to continue paying a car loan if you receive a clean title with no lien holders?
no
Do dealerships accept a trade in that has a title loan?
Yes, they will and they will add that to what you are paying for the new car
What should you do when the lien holder sent you a clear title and you still owe on the vehicle?
Just keep paying your car loan.Just keep paying your car loan.Just keep paying your car loan.Just keep paying your car loan.
When getting an auto loan, is the title different in California than paying cash for a car?
Yes, taking out an auto loan means that there is a lienholder on the title of the vehicle. Once the loan is paid off, the lienholder is removed and it is owned free and clear.
How do you get a clear title after you get done paying a car loan off?
Get a lien release from the lender and take it to the DMV.
If there are two owners on a auto title and only one signs for a auto title loan and dies is the other person responsible for paying balance of loan?
The short answer is yes, if you want to keep the car. Otherwise the loan will go into default and it will be repossessed. If you did not sign for the loan, it will not affect your credit.
How do you get a good rate on an auto title loan?
Don't get an Auto Title loan. These loans are not made to give anyone a good rate. In most cases people end up paying more interest then they did for their car.
If you had a co-signer for a truck loan in 2002 for which the bank held the title is it legal for the co-signer to repossess the truck after paying off the loan when you defaulted in 2005?
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Can you put child's name on car title that is financed?
Yes. And as long as you are the Co-Borrower paying the loan to the bank.
