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What else can I help you with?
Can you use a leased car as collateral for a loan?
Yes, you can use a leased car as collateral for a loan, but it depends on the lender's policies and the terms of the lease agreement.
Can you get a title loan on a leased car?
No, because it isn't your car.
If you have a new leased car is there any way to get a loan to pay off your lease and possibly lower payments?
A leased car could not be used as collateral. If the loan amount were larger than that which the lending institution considered a "personal loan" the borrower would need to present property that would secure the debt.
Is a car loan considered an installment loan?
Yes, a car loan is considered an installment loan.
What happens if a relative cosigns for a business loan and he dies?
my mother cosigned for a leased car for my sister. my mom has died. what do we do with the car? will my sister now be responsilbe?
If you leased a car out to a family member and the loan is not paid off an they are trying to skip town what do you d0?
If the loan is in writing as a legal document you can take them to court for breach of contract.
How does the primary borrowers credit get affected if the co-signer pays the entire the loan on a leased car?
It should have a good effect if its on time.
Is a student loan considered a secured loan?
No, a student loan is typically considered an unsecured loan because it is not backed by collateral like a house or car.
Where can one get low interest financing for a leased car?
One can get low interest financing for leasing a car either from the car dealer or the bank. The bank is likely to have lower interest rates and will accept the car as collateral for the loan.
What are the consequences of not paying off a leased vehicle?
heres an FAQ on that. http://www.automotive.com/auto-loans/36/loan-tips/car-leasing-faqs.html
Who is the primary signer on the car loan?
The primary signer on the car loan is the person who is responsible for repaying the loan and whose credit history is primarily considered for approval.
Is a car loan considered a secured loan?
Yes, the vehicle itself is considered collateral and the lender remains on the title until the loan agreement is fulfilled.
