Yes, but you will be the one responsible for repayment, and it will be your collateral that is seized or forfeited if the loan is not repaid.
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.
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
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.
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.
No, it is generally not possible to refinance a car loan in someone else's name without their consent and involvement in the process.
Yes, you can take out a loan for a vehicle for someone else and make the payments on it, but the only way you can put the vehicle in their name is if you have their permission.
loan