 Debt Relief? |
| Please someone help. I am a single mother with a disable 10 year daugther. I jsut was divorced and my ex rights were terminated due to what he did to my daughter. I am trying to get back on my feet ... |
|
 Credit card for student with limited or no credit history? |
| I have recently started looking for the best credit card for me to pay for a couple semesters of school and a little bit of automotive work. I plan on doing an auto pay. The credit card i'm ... |
|
 Co-signing a 6 month lease for someone else. How does it effect me if I did.....? |
| Basically how does that show up on my credit? Have someone that is moving to Chicago and needs a 6 month lease co-signer. What effect does this have on my credit rating? Does it show I have a 6 month ... |
|
 What are the pros and cons of a 0 interest credit card? |
| There are many credit card companies that offer 0% interest for up to 12 months. What are the pros and cons?... |
|
 First time credit card user- which one? |
I've never had a credit card before and I am going to get one to begin building my credit (I'm way too old not to have one!)
What card do you have? What do you like about it? W... |
|
 Usually what would happen after canceling a credit card and use it after cancelage? |
| Today. I happend to have purchase some item on a credit card i have canceled earlier. I had forgetten i canceled it and really at the moment im not sure whats going to happen. And its not my credit ... |
|
 Best way to get out of debt, for a college student? |
| I'm finally down to one credit card with a balance of about $500. I know that may not seem like much, but I cant seem to pay this one down because of the high interest. I haven't received ... |
|
 If I claim bankruptcy will my school loans be included? |
| I have about 12k credit card debt they i have not paid in about 5 months and aprx 35k school loans. I was out of work and unable to pay my bills so the intreast killed me(cards started at 8k), I ... |
|
 Prepaid credit cards for youths? |
hey guys,,
i'm starting to shop online and use ebay and i'm a little bit paranoid about use my or my parent's credit cards. does anybody know of any prepaid credit cards that a 15... |
|
 What does it mean when they ask you to pay the minimum balance due on your credit card? |
| I just got my first ever credit card and am expecting my first bill next month. My credit card company says that I'am expected to pay the minimum amount, I'm new to this so can someone ... |
|
 Goodwill letters to old credit card companies in hopes of improving credit score? |
| I was thinking about writing goodwill letters to CC companies that has impacted my credit score in a negative way. I was delinquent on these accounts and that's what has hurt my score. I'm ... |
|
 Why can't I get a higher limit? |
| My parents filed for bankruptcy and are still able to get a credit card with $5,000 limit. When I apply, the most they will give me is $500! (if they approve me at all!) My credit score is between 665... |
|
|  |
Megabeth | Not to be morbid but if your co-signer passes away. . . .? |
if the co-signer for someone's auto loan passes away before the term is up...what happens then? Who is ultimately responsible and do you still get to keep the car?
Additional Details
okay ill be more specific. i am not the cosigner , my grandfather is...but he is starting to be in really bad shape and im kind of scared for him...but besides that, IF i cant make the payments...im asking who they will "come after". |
 |
 
get30inc
|
If the other co-signer defaults the finance company could go after the deceased's estate. Once that is out of probate though I think they are out of luck. If you don't default you would still get to keep the car even if the co-signer dies. If you default and they can't collect from the co-signer they will repossess your car once they find it. So the best thing is to keep paying and you can keep your car. |
|
kissmymiddlefinger
|
My guess would be that the cosigner would (and probably should) make the payments if it would be advantageous to him or her to do so.
If not the car loan company would be within its rights to come and get the car.
I dont think under those circumstances that they would expect you to pay for it (if you didnt want to) but NO WAY would they allow you to keep a car that has not been completely paid off. |
|
Munya Says: GFOD
|
You still signed for it, right? So you keep paying and you can keep driving.... |
|
ne11
 |
You as the co-signer are responsible. |
|
Artman
 |
It depends on the bank policies. A cosigner is responsible for paying in case you can't do it. If he is dead, he can't pay. You are ultimately responsible (for being alive and being the original signer), you only keep the car if you pay, or hide it (wich is like a crime, so expect some jail time or heavy fines if you refuse to produce the car); plus your credit will be ruined. |
|
Judy1
 |
Well sure, as long as you pay the payments, you get to keep the car. If you don't, they'd try to get it from the cosigner's estate, and if they don't get their money there either, they'd repossess the car. |
|
wizjp
 |
co signer means you keep paying if there is no credit life insurance and you get the title when paid out |
|
badbill1941
|
If you do not miss payments, no-one will probably know the co-signer is dead. If you miss payments, the car will be repossed. |
|
nsprdwmn
|
He us not able to pay your loan so don't worry about it. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
9 | 30 minutes(s) ago
| | | |
9 | 43 minutes(s) ago
| | | |
9 | 1 hour(s) ago
| | | |
9 | 5 hour(s) ago
| | | |
9 | 8 hour(s) ago
| | | |
9 | 9 hour(s) ago
| | | |
9 | 11 hour(s) ago
| | | |
9 | 1 day(s) ago
| | | |
9 | 2 day(s) ago
| | | |
9 | 3 day(s) ago
| |
|
Homepage 
Financial
Forum 
Credit 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
