0
Add your answer:
Earn +20 pts
What is a grantor on a loan?
A guarantor is the person who agrees to pay on a debt of someone else if the person who guaranteed to pay defaults on the loan. A guarantor is a type of co-signer for the loan.
How do you put your car loan in someone else's name?
You just can't place your loan in someone else's name. That other person has to get his/her own loan for the car and pay off your loan.
When someone doesn't pay a loan what could happen to them?
they can be sued and ordered to pay a fine
What do you call it when someone pays back a loan quickly?
A sudden debt pay off is when someone pays back a loan quickly.
What does it mean if someone has to co sign a loan with you?
To cosign a loan is to guarantee payment if the borrower fails to pay.
How do you get out of a used car loan?
To get out of a used car loan, pay off the loan or find someone else who will do that.
What if your name is on the loan for someone else and they failed to pay the loan?
Unfortunately, you would be held responsible for that debt and would have to pay it.
Is it true you can pay someone to help get a loan modification?
no
What does it mean to have a guarantor on an auto loan?
A cosigner- someone who agreesto pay the loan if you default
What is a grantor on a loan?
A guarantor is the person who agrees to pay on a debt of someone else if the person who guaranteed to pay defaults on the loan. A guarantor is a type of co-signer for the loan.
How do you put your car loan in someone else's name?
You just can't place your loan in someone else's name. That other person has to get his/her own loan for the car and pay off your loan.
When someone doesn't pay a loan what could happen to them?
they can be sued and ordered to pay a fine
What is half loan?
it is when you loan animal but you go down less to look after it and you pay less, and when you half loan usually someone can half loan with you!
What do you call it when someone pays back a loan quickly?
A sudden debt pay off is when someone pays back a loan quickly.
What does it mean if someone has to co sign a loan with you?
To cosign a loan is to guarantee payment if the borrower fails to pay.
When someone is a cosigner on the loan of your car does that mean he owns any part of it?
when you cosign on any kind of loan you dont have to pay anything unless the person you cosigned for does not pay the loan, then you are responsible for that the remaining balance on the loan
Do you have to pay back student loan if you withdraw passing?
Regardless of academic status, if someone gives you money in the form of a loan, you must pay them back.
