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Can a cosigner take your car and pay off the loan then do you have to pay him back for the loan and fixing the car?In: Car Buying |
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It sounds entirely reasonable that you would pay them back for the remaining amount of the loan and for the needed repairs. I assume that the co-signer was trying to get the loan off of his credit and that perhaps you were not paying regularly or on time. There may be other circumstances that are not addressed here.
First answer by Simplemary. Last edit by Simplemary. Contributor trust: 725 [recommend contributor]. Question popularity: 19 [recommend question]
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Thrillville how to pay off loan ps2? Can a cosigner back out of a car loan after it has been signed? Can a cosigner take your car and pay off the loan then do you to pay he back for the loan and fixing the car?
