0
What else can I help you with?
Can a cosigner who is a spouse refinance without the primary spouse?
Not if you are both on Title unless they forge your name.
If you have a cosigner for an auto loan do both names have to be on the car's title?
The lender will probably insist that all names on the title also be on the loan, but not the other way around.
If you bought a house and had it financed with a cosigner are they on the deed and if you are able to refinance yourself can you do it without them?
Since you are both on the loan you are both on the title. You can refinance without them on the loan but would need them to sign the title over or transfer at close.
Can a cosigner sell a vehicle?
No. Both must sign if both are on the title. Unless the Primary Signer is dead, the cosigner cannot sell the car. Also, having a power of attorney specifically for selling the car will give you the right. Let's say he is overseas and you want to sell the car, you have the right when he signs it over to you (power of attorney). A co-signer is only a guarantee on a loan, not the owner of property. If the owner of the car is still of sound mind and body, only he or she can sell the property.
If primary owner and cosigner have both their names on the title and primary doesn't pay the payments can you repossess the vehicle The title says or on it.?
If there are two individuals listed on the title of a vehicle as primary and joint, they are both responsible for the payment of the loan. If the primary defaults on the payment, the joint owner is responsible for payment. If both parties default, the vehicle can be repossessed.
What if you and your cosigner are unable to make the payments?
The credit rating of both the primary borrower and the cosigner are in jeopardy. Talk to the creditor immediately about options. Consider a debt counseling non-profit agency who may be able to help. Consider other sources...family? Selling an asset? A second job?
Is it legal for your cosigner to make the final payment and have the car title mailed to them and have your name taken off the title?
A title cannot be transferred without the proper paperwork being done and the person on the original title signing it over to the new owner. Therefore, if such a thing has happened, the person has committed several crimes, stealing by deceit, falsifying official documents and forgery, to name a few. No. Both people have legal right to the car if both names are on the original registration and paperwork.
Are both signatures on title needed when selling a car?
If the title has more than one name on it then yes. Or if you mean buyer and seller signature that is also yes.
Does the person who cosigned for you have the right to take a vehicle even if the payments ARE being made on time?
no It depends. Is the cosigner on the title as co-owner? If so, they can take the car whenever they want.If they aren't, well, it's just plain car theft if they do. In other words if you are both on the title and the loan paperwork then both your butts are on the line financially and it's a civial matter if one of you wants the car over the other. But both of you have legal right of access so the police will not make an arrest or intervene if both parties can prove ownership.
What is the process for purchasing a vehicle with the assistance of a cosigner?
When purchasing a vehicle with a cosigner, the process involves the cosigner agreeing to take on responsibility for the loan if the primary borrower is unable to make payments. Both the primary borrower and the cosigner will need to provide financial information and undergo a credit check. If approved, the loan will be in both names, and both parties will be legally responsible for repayment.
Who gets the credit when you have a cosigner on a new car?
Both
If you get a cosigner when purchasing a car will it show up in your credit report or the cosigner's credit report?
It will appear on the CR of both parties.
