 |
If I was listed as the primary signer on a car loan but never recieved a title because the cosigner registered and insured it in his name can I be held liable for a default on the loan?In: Co-signing |
[Edit] |
the co signer has held the title to protect their credit. you need your own isurance. the co signer has all rights in your car and if you do not pay on time you are first to be held respondsible- you need a written agreement that you will recieve the title once the car has been paid for to clear his name off the loan
First answer by Cin6. Last edit by Cin6. Contributor trust: 49 [recommend contributor]. Question popularity: 6 [recommend question]
|
Research your answer: |
- Can a brother's ex-girlfriend take his car when her grandmother co-signed the loan even though he has been making all the payments He is unsure if the grandmother is on the title.?
- Does a Co-buyer benefit in credit history?
- HttpwikianswerscomQWill a signed piece of paper hold up in court if someone was forced to sign it and there was no witness?
- Can husband co sign a car loan for wife?
Answers.com > Wiki Answers > Categories > Business and Finance > Personal Finance > Money Management > Loans > Co-signing > If I was listed as the primary signer on a car loan but never recieved a title because the cosigner registered and insured it in his name can I be held liable for a default on the loan?
Our contributors said this page should be displayed for the questions below. (Where do these come from ) |
| If any of these are not a genuine rephrasing of the question, please help out and edit these alternates. |
