I purchased a car with my grandmother as a cosigner why is her name on my vehicle registration?

Answers:4   |   LastUpdateAt:2012-10-10 12:57:02  

Question
lisa clem
Asked at 2012-09-01 22:02:03
I bought the car and asked my grandmother to be an endorsement because I am new to credit and no credit fantastic. I got a great interest , but I looked at my vehicle registration and having both of our names on it . I 'm the one who put the money down is making payments , the car is mine , but for some reason even though he lives out of state called on my record . I'm also trying to prove I'm an independent student , but his name in the register of my worries me are going to think that she helped pay for the car or something. My boyfriend had to have his mother cosign for your car as well and said his name is the only one in his record , his name is only on loan . So why does my grandmother on my record and there is no way to remove it ?
Answer1nadaAnswered at 2012-09-04 06:08:03
The dealer that the car meant that it was appropriate for the title that way. The title application had been her grandmother 's name as co - owner and you have signed the application. At that time it should have objected to the dealership and ordered to prepare a document without the name of his grandmother . MedlinePlus MedlinePlus It is this aspect that the financial institution through the dealer if possibly only property owned finance adults. I can see a number of reasons for the roles that have been issued as they were. It's up to you to approve everything that is presented for signature. This is a good lesson to read everything twice you are signing.
Answer2ninaprtyrtyvfbhfAnswered at 2012-09-13 19:03:03
Just call and tell them . They will have to confirm that she wants to be taking off . Im in the same situation . Not so bad for me that she had good credit and pay my bills on time. My credit was raised .
Answer3haynakuAnswered at 2012-09-21 04:14:03
Not going to like my answer . Actually , not the owner of the car , her grandmother does. Credit was used to secure the financing , and the bank put his name on the title as co - owner. That makes it easier for them to go after her for the money , if you stop making payments. The only way to get your name out is to repay the loan in full. then it is ( if you will) will release its interest in the car . I doubt that the bank allows his name to be removed because you have little credit history , and want someone who is " on the hook " if you were to default .
Answer4BarrAnswered at 2012-10-10 12:55:34
from my experience, sureties titles go well. MedlinePlus MedlinePlus for in the day that you do not pay , your grandmother will have to , so I think it's fair that your name is on the vehicle if he ventured to put your name on the loan as well.
Related Questions
1
  • Answer This Question:I purchased a car with my grandmother as a cosigner why is her name on my vehicle registration?