Where can a person find a loan for a car in Toronto?
If someone living in Toronto wishes to purchase a car and needs a loan, they should go to a bank. Most banks are happy and willing to offer loans for autos.
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…
Can you take finanace for a car then register it to the person whom you are takin the finance for is this illegal and can the finance company take the car from you if they find out?
The lender does not care who the vehicle is registered under as long as the loan is being paid for on the terms of the contract agreement. i.e- if the loan becomes delinquent they are going to be calling the person who signed the loan, not the person who has it registered, however- if a vehicle is financed it SHOULD be in the person or persons who have the loan.
First of all do some research on car loan contact some car loan dealers in your area they will guide you better about car loan process or you can go online and find for car loan sites who offer car loan with many choices just contact them they will contact you and guide you step by step process about car loan.
What happens to the car and title if primary person on car loan dies and the secondary person has survived?
Private. I suggest getting pre-approved at your bank / credit union, and see if the dealer can beat that rate, as some dealers will arrange financing with a local bank. Private party car loan you can say it in other words personal car loan or person to person car loan where individual can get car loan without cosigner help.
Yes, you can get a car loan. Note with a low credit score interest rates can range from 10% - 24% whether at a dealership or via my website. Visit my website to find out how you can qualify for an auto loan today. And go to the dealership with an approved loan and negotiate down the price of your dream car.
If one was trying to find a car loan if they have bad credit there are various online company who offer this solution. Obviously the APR will probably be a lot more than usual due to the 'bad credit' bracket the person has been put under. Some of the companies are Infinity Car Finance, Car Loan 4 U, Car Finance 24/7 and Folwers Finance.