I signed for a car loan for someone with the agreement they refinance and put loan in there name after a year
And remove my name from the loan when we signed for the loan the other personas credit was bad so i signed first and them second on the application. My name is not on the title as co owner or second secured party. THE person has tried to get a loan supposedly but was told the car is not worth what they owe on it . And supposidly cant get a loan. THEY have been making the payments but i want my name removed it was just to help them establish good credit, I have a signed document of them agreeing to refinance and remove my name . What can i leagly do ? to get them to look harder into finding a credit union or bank that will give them a loan and get my name off of it.
2007-09-17
12:54:00
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6 answers
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asked by
bobrob m
1
in
Business & Finance
➔ Credit