Most lender's would not allow the act with perhaps the exception of a loan that was related to debt assignment in a divorce decree.
You just can't place your loan in someone else's name. That other person has to get his/her own loan for the car and pay off your loan.
Two companies that will offer a personal loan to someone with bad credit are United Lending Services and Cash Loan City. It is easier for someone with bad credit to get a personal loan from Credit Unions than from banks.
No, it is generally not possible to refinance a car loan into someone else's name without the original borrower being removed from the loan.
Yes, it is possible to pay off someone else's car loan by providing the lender with the necessary funds to settle the remaining balance on the loan.
Yes, it is possible to assume an auto loan from someone else, but it typically requires the lender's approval and a formal transfer process.
A personal loan is an asset to the estate. As such it can be willed to someone else if there is proper documentation of the loan.
Yes, but you are responsible for that loan until paid or transferred.
You just can't place your loan in someone else's name. That other person has to get his/her own loan for the car and pay off your loan.
loan
Two companies that will offer a personal loan to someone with bad credit are United Lending Services and Cash Loan City. It is easier for someone with bad credit to get a personal loan from Credit Unions than from banks.
No, it is generally not possible to refinance a car loan into someone else's name without the original borrower being removed from the loan.
Yes, it is possible to pay off someone else's car loan by providing the lender with the necessary funds to settle the remaining balance on the loan.
To get out of a used car loan, pay off the loan or find someone else who will do that.
Yes. A license cannot be 'loaned' to someone else.
No. You don't get the title to your car until any loans against it are paid in full. <><><> In several states, you will get a title document- but it will show the loan company or bank as a lienholder. That title cannot be transferred to someone else until the lien is satisfied (loan paid off)
Yes, it is possible to assume an auto loan from someone else, but it typically requires the lender's approval and a formal transfer process.
No, it is generally not possible to refinance a car loan in someone else's name without their consent and involvement in the process.