0
Send in a payment.
Wiki User
∙ 15y ago
Add your answer:
Earn +20 pts
Defaulted auto loan and finance company does not want vehicle back how do you get the title?
If you have defaulted on the loan, you must sell the vehicle, pay off the loan you have, receive a lien release on title from the loan company and sign it ovet to the buyer. This is bad situation as most people will not pay for a vehicle with out receiving the title at the time of purchase.
What happens if don't pay the car loan?
If you fail to pay your car loan the bank can repossses your car. It also goes on your credit rating that you defaulted on a loan.
If you get set up with monthly payments to pay off a defaulted loan can you get a loan to go to school while your paying it?
yes
How to Settle defaulted car loan?
Pay what is in arrears and/or pay off the loan. Talk to the lender ... in some circumstances, they may be able to help you refinance the loan (but the interest rate could be higher as you are now an "at risk" borrower).
What happens when a car payment go into default for the cosigner?
The co-signer has guaranteed the loan, therefore the bank will go after the co-signer for payment. If the loan is in default the default will go on the co-signer's credit record and if they don't pay the balance if will be on their record as a defaulted loan.The co-signer has guaranteed the loan, therefore the bank will go after the co-signer for payment. If the loan is in default the default will go on the co-signer's credit record and if they don't pay the balance if will be on their record as a defaulted loan.The co-signer has guaranteed the loan, therefore the bank will go after the co-signer for payment. If the loan is in default the default will go on the co-signer's credit record and if they don't pay the balance if will be on their record as a defaulted loan.The co-signer has guaranteed the loan, therefore the bank will go after the co-signer for payment. If the loan is in default the default will go on the co-signer's credit record and if they don't pay the balance if will be on their record as a defaulted loan.
What is the benefit of getting defaulted loan off of credit report versus paying off defaulted loan?
ask an asian.
Can you just pay the principal on your defaulted student loan?
No ... you will need to pay the entire 'financed amount' that includes the interest charged. One needs to call the student loan people and get a 'payoff amount' from them first.
Can a cosigner on your college loan sue you?
Yes, if you defaulted on the loan.
Can you sue the borrower if they defaulted on loan if im the cosignor?
Yes, you can sue the borrower and receive a judgment if they defaulted on the loan. They can also sue the cosigner.
How can you register and make legal the car whose loan you defaulted on but which was never repossessed?
You'll have to pay off the bank and get the title cleared.
How do you stop a student loan wages garnisment?
You should consolidate your defaulted student loans and stop the wage garnishment. You can get an income-based repayment plan and pay as little as $0 a month, defending on your income and dependants. If you want help with the consolidation of your defaulted student loans, click on the link below
What is a sentence with the word defaulted?
If you have defaulted on a loan in the past, your request for a second one may be denied.
