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If the car title is in your parents name can you still use it to get a car title loan?
No, not legally. ( When you get a car title loan they should issue a new title stating the lienholders company. The title cannot transfer again without satisfaction of the loan). However, I'm sure these loan companies would 'overlook' not having title in your name, issue the loan, then file a lien once you missed a payment. If you can sell the car prior to the paperwork catching up, they would be out, but your credit report would be trash, and you could end up in court or a jail.
What else can I help you with?
Can I get my name off the title and loan of my ex-son in law's van if he still has a loan on the van?
The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.
Can you get a new title in your name if previous owner never paid for title loan received and then died leaving it to you and title loan comp has original title still?
no you need the tittle
What if previous owner still has title to the car you got a loan for?
I doubt that the title is still valid; but check with your lender before you make loan payments and make sure. They should be holding title in your name with a lien.
I have an auto loan in my name can i get another auto loan in my name?
If you are already running a loan, then you can take a loan from another bank not from the same bank. If still you want a loan from same bank, then you can get on your parents name.
You bought a car from someone but never registered it and you want to sell it to someone else. Can they still get it registered?
Do you have the title of the car in your name? Is there a loan on the car? You will have to register it if your name is on the title!
When someone assumes your finance payments are you no longer responsible for the vehicle?
IF you transfer the title and loan out of your name you are not responsible. IF NOT, and they don't make the payments, or have insurance on it, YOU are responsible for all aspects of the vehicle as you still OWN it. the name on the title & loan is the responsible party.
If you moved to another country but still have a car loan can you refinance that loan in someone else's name?
The "someone else" needs to apply for a loan to pay off your car loan. With your loan paid off, you can sign the title over showing it free & clear. Don't sign off on the title until you know the loan is paid--or you could find that you no longer own the car but still have a loan to pay.
Can you scrap your car if it has a loan on it with out going to jail?
You can do anything you wish with the car if you have clear title. But in most cases the title has the loan holder's name on it. They have to be paid off before you can dispose of the vehicle. You may not go to jail, but you are still liable for the remainder of the loan.
Can you transfer a loan that your parents took out into a loan in your name?
No.
What is a title loan?
A title loan is also known as car title loan. It is a type of secured loan where you can use your vehicle title as collateral to get the funds you need. When you borrow with your car title, you allow the lender to place a lien on the title of your car, SUV, RV, truck, or motorcycle in exchange for a loan amount. This loan don't rely on your credit score.
Can you get the title and license plates in your name if the loan is in your mothers name?
No.
Can you be on title but not on the loan?
car is in wifes and my name, she got a title loan unknowingly from the husband. She defaulted, can they take the car from the husband?
