WebJul 9, 2012 · Co-signing a loan is a very risky move, because you're at the mercy of your fellow borrower, and you're both at the mercy of your lender, who has no reason to agree to to remove your name. It doesn't matter who's "primary" and who's "secondary" --both borrowers are on the hook for the entire loan. WebSep 12, 2024 · Removing the co-signer from your auto loan may be an option. While not all lenders offer this option, it is possible in some cases to remove a co-signer by completing a co-signer release. Contact ...
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WebCosigning versus co-owning. A co-signer may have to be listed on the car insurance if the co-signer is also on the vehicle's title or is a regular driver, depending on the insurer. … Web2 days ago · US News is a recognized leader in college, grad school, hospital, mutual fund, and car rankings. Track elected officials, research health conditions, and find news you can use in politics ... did betty white live in ohio
Can My Cosigner Take My Car? Auto Credit Express
WebJun 21, 2014 · 1 attorney answer. Posted on Jun 21, 2014. If he has a key, he can get in the car and go - it's his right. You'd probably be better off trying to work a deal with him where you trade the car in. You still have to get his signature to release the title. 0 found this answer helpful 0 lawyers agree. Helpful Unhelpful. WebA co-signer could be your spouse, a parent, or a friend. The lender cannot require your spouse to be a co-signer unless you are both applying for the loan. Having a co-signer … WebHow Can Repossession Affect Your Credit as a Cosigner? As a cosigner, you are just as responsible for the loan as the main borrower. Cosigned debt shows up on your credit … did betty white live alone