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Can the Title Loan company repo your car when you have a title that says there is no lien holder?
depending on the motor vehicle laws of your state but in the state of Arizona where i am from if you have the title in your name with no lien holder you are the rightful owner of the vehicle and nobody has authority to take it away unless you have signed a power of attorney and a title and registration application adding the finance company to your title.
http://www.1stopautotitleloans.com
What else can I help you with?
Can you get a title loan with a lien holder on the title?
Yes, try Cashtime personal loans
Can one title loan company find out if you already have a title loan?
Yes, they would obviously know about it. When a title loan company offers you a title loan, it will check the car title well in advance. When it checks the title, it will easily come to know about any liens.
Can a car be repossessed if there is a lien holder on title but there is no actual loan?
hi
What is the definition of a non title holding state?
A non-title holding state is a state where the lien-holder (a.k.a your finance company) holds onto your title until you pay off your loan. So you never see the title until you pay off the vehicle.In a title holding state, you would get to keep the title but your name wouldn't be on it. It would have the name of the lien-holder instead.See also: Definition_of_title_holding_state
If the cosigner on a car loan gets the loan refinanced in her name can she then sell the car or does the primary have to sign the title over?
Any title holder must relinquish ownership by signing the title release
Can a title loan company put a boot on your car if you do not own the the car in AZ?
In Arizona, a title loan company can only place a boot on a vehicle if they hold the title to that vehicle as collateral for the loan. If you do not own the car or the title is not in your name, the company does not have the legal right to impose a boot on it. However, if someone else is the owner but has used the vehicle as collateral for a loan, the title loan company may have rights related to that vehicle. Always consult legal advice for specific situations.
Do you have to give the loan company your car title to process the lien?
I have never heard of a loan company that did not require you to relinquish the title to them until the lien is satisfied but to be even more specific, the loan company will have you sign papers that validate their right to be placed as the lien holder. They will submit it to the proper state agency, usually the county treasurer's office of where you reside, and will then be sent the title with the new information. They will also run an audit to be sure there are no other lien holders currently listed on the title before issuing any money to anyone.
What happens if you Car title loan in default and car is totaled?
Typically you need a car with insurance to get a title loan. If your car is totaled, the loan company are entitled to that money since they hold the title for your car.
Can a title loan company call the car in stolen?
No they can not!
If the loan for a vehicle is in one person's name and the tite in another's what are the rights of the person on the title if the vehicle is repossessed?
None, unless the person who is named on the title chooses to make an agreement with the lender to refinance the car in their name. A title which has a lien against it does not confer ownership to the title holder. The vehicle belongs to the lender/lien holder until the loan agreement is paid.
In Virginia can you trade in a vehicle that has a title loan?
Not without a release from the loan company.
If a car was paid for and then you took out a title loan against it for twice the vehicle's value can the title loan company repossess it?
Why would they NOT be able to repo a car they purchased the title to? READ your contract.
