Bankrate.com list the average 36 month car loan at 6.44%
YES! Including any interest.
To find out if your vehicle has a lien, you can check the title or contact the lender who provided the loan for the vehicle. A lien indicates that there is a financial interest in the vehicle by a lender until the loan is fully paid off.
Can u get a title loan without a vehicle inspection
No. A lender needs to have a "security interest" with anyone who has rights to the vehicle. If an owner is listed on the title they have the right to sell a vehicle. A lender does not want to be in a position where a non-borrower has rights over property used as collateral on a loan.
a lien can be placed on a title without you giving them the title. call your states DMV and ask if you car has a lien on it. I think you will be surprised. Good Luck
LP on a vehicle title in Iowa stands for "lienholder processed." It means that there is a financial interest or lien on the vehicle, typically from a lender who provided a loan for its purchase. So, in simple terms, someone still has a claim on that car until the loan is paid off.
The average interest rate on a motorcycle loan is 100000
They can only repossess the vehicle which was on the loan agreement. Taking any other vehicle is theft.
No, there is no statute of limitations on a title loan in the state of alabama. As long there is a recorded security interest on your car title i.e." Lien" you are obligated to repay your title loan
Not without a release from the loan company.
In Arizona, a title loan company can only place a boot on a vehicle if they hold the title to that vehicle as collateral for the loan. If you do not own the car or the title is not in your name, the company does not have the legal right to impose a boot on it. However, if someone else is the owner but has used the vehicle as collateral for a loan, the title loan company may have rights related to that vehicle. Always consult legal advice for specific situations.
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.