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Yes, the order of names on a car loan can impact both parties' credit scores and legal responsibilities. The person listed first is typically considered the primary borrower and may have more influence over the loan. It's important to understand the implications before deciding on the order of names.
What else can I help you with?
Can I be listed on a car title without being responsible for the loan?
No, being listed on a car title means you have ownership rights to the vehicle, which typically makes you responsible for the loan associated with it.
Why is my cosigner listed on my title?
Your cosigner is listed on your title because they are legally responsible for the loan if you are unable to make payments. This provides the lender with added security and ensures that the loan will be repaid.
Who is the primary borrower on the car loan?
The primary borrower on a car loan is the person who is responsible for repaying the loan and whose credit history is used to determine the loan terms.
What is low interest loan?
The loan whose interest rate is low is called low interest loan. If you got a unsecured loan @ low interest rate then it would be low interest loan for you.
Is it easier to get a home or auto loan?
It is easier to get an auto loan than a home loan. No matter which kind of loan your trying to get you should also compare several loan option to make sure you get the best home or auto loan available to you no matter what current financial circumstance you may have.
If you co-sign an auto lease can you be listed on the loan second or do you have to be listed first?
Doesnt matter too much, you will be just as responsible if the primary buyer defaults.
Can your ex come after you for a loan that he had to pay since you filed bankruptcy?
If you handled your BK correctly no, as he/she would be a creditor listed and whose debt is dismissed in the bankruptcy by the court too.
Can I be listed on a car title without being responsible for the loan?
No, being listed on a car title means you have ownership rights to the vehicle, which typically makes you responsible for the loan associated with it.
Why is my cosigner listed on my title?
Your cosigner is listed on your title because they are legally responsible for the loan if you are unable to make payments. This provides the lender with added security and ensures that the loan will be repaid.
Who is the primary borrower on the car loan?
The primary borrower on a car loan is the person who is responsible for repaying the loan and whose credit history is used to determine the loan terms.
What is low interest loan?
The loan whose interest rate is low is called low interest loan. If you got a unsecured loan @ low interest rate then it would be low interest loan for you.
Where can you find a personal loan for school?
All you want to know -and MORE!- About personal loan from the site listed below:
What is the Italian translation of 'Eve Swenson'?
Eve Swenson is an English/Scandinavian loan name in Italian.Specifically, the loan name consists of a first and last name. The first name is a feminine proper noun whose Italian equivalent is Eva. The way in which Italian language speakers pronounce the loan name is "eev sweh-sohn."
Is it easier to get a home or auto loan?
It is easier to get an auto loan than a home loan. No matter which kind of loan your trying to get you should also compare several loan option to make sure you get the best home or auto loan available to you no matter what current financial circumstance you may have.
Why is my cosigner listed on my car title?
Your cosigner is listed on your car title because they are legally responsible for the loan if you are unable to make payments. This provides the lender with added security and ensures that the loan will be repaid.
Where can I find the qualifications for an FHA loan?
The FHA loan qualifications are all listed on their website. They list loan limits, costs, allowable debt-ratios, as well as a loan checklist you can use.
Meaning of working capital demand loan?
A loan whose purpose is to finance everyday operations of a company or corporates.
