I co-signed for a car for my son. He has 2 more years to pay it off, how do I get my name off now?
Answers:2 | LastUpdateAt:2012-10-11 04:43:02
Question- Khululekile
- Asked at 2012-09-10 02:15:02
The car has 2 years of a 4-year loan . I wish I had now withdrawn my financial responsibility , do you need to refinance in his name only to do this ? Or I can transfer full ownership to it ? one more thing , all payments were made using my checking account even though I got the money, my way to ensure payments are made on time .
Answer1Please helpAnswered at 2012-09-13 07:58:03
He has to refinance. It is the only way
Answer2MsMeeAnswered at 2012-10-11 04:42:38
You can not . You also signed for the full term of the loan . Either pay the loan , or have what you refinance themselves.
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Question:I co-signed for a car for my son. He has 2 more years to pay it off, how do I get my name off now?