0
You voluntarly gave your car back to the finance company and then bought a used car in your name can the finance company place a lien on your used car to get their money?
Wiki User
∙ 16y ago
This could go either way because it depends on the contract you signed. Generally, I would say yes, because it is not likely that they would have financed the newer car without some sort of collateral provision (meaning the car is collateral for the loan). Unless, you paid for the newer car in full and do not owe any money on it. In that case, I would say no they probably do not have the provision needed to repo your car.
Wiki User
∙ 16y ago
Add your answer:
Earn +20 pts
Can a company that is not a finance company charge interest and finance charges to someone it has lent money?
Yes.
How does a business get the money to start a finance company?
Making the company public, Loan from the bank,
Who get the money if the car is totaled and the car is on chapter13?
The insurance company will pay the finance company not you.
I am thinking of buying a car from a seller who still has loan payments. How can i be sure i will get the title from him after i pay the finance company?
Go to the bank or finance company and tell them what you are doing. Don't give the seller any money untill you have worked it out with the finance company.
What is corporate finance?
Any financial or monetary activity that deals with a company and its money.
What is the role of collections department in finance company?
To see to it that the money that is owed is received.
After you've signed papers on the car and the auto finance company rejects you for a loan can you bring the car back and not try to get another finance company to loan you money for the car?
YES.
Had an accident and the van is a total loss Insurance gave you a check with your your husband's and the finance company's name will the bank cash this with just my and my husband's signatures?
They shouldn't. The finance company has a lien on the insurance money to pay off the loan. The Finance Company will cash the check, pay off the balance and if there is any balance left, send the money to you.
What can a finance company do if you voluntarily give them their car back?
They can keep the money you already paid.
What is a finance topic for any company?
A good finance topic for any company today would have to include cybersecurity. Companies can easily lose money by not having secure data systems.
How did the Virgina company of England raise money to finance the cost of a new colony?
They raised the money through investors purchasing share of stock.By buying stocks the amount os money an investor earns or loses depends on how much stock the invester owns nd the value of the stockInvestors bought shares of stocks to help finance the costs.
Is nitro finance loan company real?
Nitro Finance is definitley a scam. Do not give these people any info whatsoever. NEVER pay money to receive money. Insurance is always included with the amount borrowed. This company was very easy to research.
