2007-01-18 06:19:30 · 6 answers · asked by nova2dawg 1 in Cars & Transportation ➔ Buying & Selling
You already had 13 answers on the other one. Why?
2007-01-18 06:25:28 · answer #1 · answered by stickymongoose 5 · 0⤊ 0⤋
Alright and the award for best answer goes to Me!
I know it can be scary when someone threatens to have your car taken away if a boyfriend or parent is using the signing on your loan as leverage. The truth is that they can't do it. If the payments are getting made then the loan cannot be reposessed. The bank does a repo to try and cut their losses by selling your car so their loss is not so big. If you are making your payments the bank is not going to ruin their chances of getting their money. People try and control you with things you may not know much about, but know this they cannot repo your car. I would try and refinance to get that persons name off it, because they can personally come take it since they are an owner too. Just get "The Club" and keep it parked in garage if you can. If you get " The Club " they can't just come and drive it away. Best wishes to you!!!
2007-01-18 06:39:12 · answer #2 · answered by I am Jared From Subway 3 · 0⤊ 0⤋
Hell yeah!!!!! That guy or woman is totally to blame in case you decrease to rubble. and in the event that they experience for any reason that your unlikely to maintain up including your component of the best purchase then they are able to take their call from being the co-signer. the sturdy element is in the adventure which your cash have been going properly for a least a 12 months or 2 you may take them off as a cosigner your self so which you wont finally end up in a jam in case you to finally end up arguing or something
2016-12-16 07:39:01 · answer #3 · answered by zell 4 · 0⤊ 0⤋
You can't turn the car back into the bank, they don't want it. My daughter bought a car and after a couple of years decided she didn't want it and tried to just give it back. They don't want them. You can sell it and pay off the loan, but they won't take the car. She ended up not paying the payments until they repossessed it. And that really looks bad on your credit report.
2007-01-18 06:27:09 · answer #4 · answered by smartypants909 7 · 0⤊ 0⤋
Are you the primary signer or secondary? If you are the secondary, then yes, they can but this will damage their credit as well. MAKE YOUR PAYMENTS!
2007-01-18 06:27:22 · answer #5 · answered by rex_rrracefab 6 · 1⤊ 0⤋
yes you can but he needs to sign a release form
2007-01-22 06:15:22 · answer #6 · answered by morena 2 · 0⤊ 0⤋