How Does Someone Legally Remove Themselves From A Shared Auto Finance Loan?
Question by Fallen Angel | Posted in Personal Finance
My ex budget and I have a shared auto loan, he wants off of the loan but my credit isn't good enough to re-finance myself and there is no one else I know that can co-notice for me. What can he do to legally get himself off of the loan without my consent?
Answer: He can't. The loan concern loaned money to the both of you. The more people on the loan, the more people they can go after should there be a default. They like it that way. You essential to refinance the loan if you want anybody off the loan. If you can't
Does Anyone Know Why Bank Of America Won't Finance An Auto Loan For An Independent Used Car Dealer?
Question by braveslady08 | Posted in Buying & Selling
I applied for an auto loan and was approved, but once I sent in my win agreement my loan rep said that they would only finance auto loans for franchise dealers - no barring used car dealers. I know the car and the dealership are fine. I have the carfax
Answer: They only dole out with franchised or VERY large and very stable used car dealers. They get enough repo's from the franchise stores without current out and looking for trouble. You may have found the one true Diamond, but the odds are that most independents
Finance Company That Bases Auto Loan On Experian Score?
Question by Mike A | Posted in Personal Finance
My experian mar is 660 while my TU and Equifax scores are around 600. Does anyone distinguish a finance company where I can get auto financing based upon my Experian score. I am not interested in some violent interest loan based on my other scores,
Answer: In the end they will all even out, as they communicate w/each other...
You have no choice... they use whomever they want to...
Where Can I Find A Bank That Will Over-finance An Auto Loan?
Question by ad5000 | Posted in Personal Finance
I'm looking for a bank that is assenting to over-finance an auto loan. In other words, I want to purchase a car worth $15,000, but refer to $30,000 and take out the other $15,000 in cash. Does anyone know of a bank that is compliant to do that? I have
Answer: If you own a emphasize and have some equity in it, consider a Home Equity loan for the full amount of $30,000. Buy your car (which will not show a lien on the tenure.) Use the other $15,000 as you want, either all at once or a little at a time. Interest
Can You Return A Car Back To The Dealership If They Haven't Found A Bank To Finance The Auto Loan After 1 Mo?
Question by crazi | Posted in Buying & Selling
I no longer toil and thought I could afford to make payments when I had a job. The dealership hasn't found a bank to finance me because all the esteem union that called me to verify credit and employment, I told them I was not employed (which is the
Answer: Yes, and you should re-emergence it as soon as possible. Until a bank signs off on the deal, it legally belongs to the dealership.
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