FreeAdvice has a new Terms of Service and Privacy Policy, effective May 25, 2018. By continuing to use this site, you are consenting to our Terms of Service and use of cookies.
The contract does state that I would be given the option to take over payments in the event the buyer stop paying the loan. It only refers to me as cosigner says nothing about co-borrower. To be honest I don't know the difference.
I failed to explain what I meant as far as the repossession I understand what's expected of a cosigner my issue was the lender gave me no opportunity to take over payments on the loan even though my name was also on the title. I found out only after the car had already been sold at a auction...
i cosigned a auto loan for a friend and the auto was reprocessed and I received no notices about the car being delinquent on payments or being sold at a auction back in feburary till today I got a call saying they were going to garnish wages for leftover money owed on vehicle. what are my legal...
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.