Answers.com > Wiki Answers > Categories > Business & Finance > Personal Finance > Debt and Bankruptcy > Debt Collection > Repossession > If there is a buyer and co-buyer and the buyer does not want the auto can the co-buyer take over the loan because the buyer gets all the credit?

If there is a buyer and co-buyer and the buyer does not want the auto can the co-buyer take over the loan because the buyer gets all the credit?

In: Repossession, Personal Finance, Loans, Money Management [Edit categories]

Answer:

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The co-buyer should contact the LENDER and ask to have the buyer removed from the loan. Nothing can be done legally without the LENDERS approval.

First answer by ID0000000000. Last edit by ID0000000000. Question popularity: 47 [recommend question].

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