Need help with proof of insurance for car loan? related questions

Asked by
Finance Company retro added Insurance Premium to loan principal already provided proof of Insurance?1aiyunna2012-09-10 01:42:03
I refinanced my car in September 2008. I received a notice in November that insurance had been added to the balance of my loan because I did not provide proof of insurance. Upon notification, I called my insurance company and asked to provide my financial company with proof of coverage. I said finance company received a letter once sure would be eliminated. A week later I got a call from my finance company stating that they have received proof of coverage, but not shown as leinholder so can not credit my account to be sure. Then I call my insurance company again and have updated my faxes leinholder agent another letter. I call my finance company back and say they have received a letter from my agent, but shows the policy effective date 10/28/08 so I can give only partial credit insurance premium that left added to my first loan of 630. Again I call my agent card statement showing request showing that the car was covered flawlessly since being acquired in 2007. I follow up the letter with the bank explained that despite demonstrating that have been covered since 2007 have the right to charge the premium for not having been listed as leinholder in my safe until 10/28/08. They told me that they were not protected if an accident had entered in September. I explain that they have the title of my car and displayed as leinholder in my title, plus they had full coverage on my vehicle in September. Plus it is now December are retro billing for services not rendered. MedlinePlus MedlinePlus When asked if there is anything that can be done. They said no, because they were not listed as leinholder with my sure they have the right to bill lapse in coverage even though I recognize that my car was insured. I am currently trying to get my insurance to lein holder retro but that is proving difficult as well. I live in the state of Missouri I was wondering if anyone has any advice on how to deal with this situation, what are my rights as a consumer? Do I have any legal recourse? Because insurance finance company just charged me an additional amount on the payment of my regular car (You pay my normal car has been paid). I was warned if no payment within a week will consider paying my car later and add a additional late fee. What should I do? Any advice would be helpful Thanks in advance.
Need help with proof of insurance for car loan?1nikita2012-10-26 01:46:02
I'm trying to buy a car . I was told by the bank that I need proof of insurance before you can get loans . Can someone help me understand this and tell me what I have to do. thanks
What is automatic premium loan provision in insurance? And in which section of insurance act it is written?0Hope2012-09-11 09:41:05
On top auto loan if the policyholder forgets his / her cousin is automatically adjusted from value.In cash / funds that act as written
Loan of car with no insurance to someone with non-owner's insurance?0Mason2012-08-28 21:37:04
I have a car that broke a month ago , so I canceled the insurance and turned on the labels ( as supposed to ) because they could not pay the garage bill more public transport prices and insurance . MedlinePlus The car is fixed, but no longer require it . Someone who knows that you are buying , but so far no uninsured owner . If they maintain that insurance for another 2 weeks will the requirement for six months to ... whatever it is , and get insurance on the car I'm selling is $ 50 cheaper per month . MedlinePlus The first thought is to wait until you can get insurance and sell it that way , but his current car is on the downswing and you need one now . His was a mechanic on several occasions in recent weeks and the repairs that would cost more than the value of the vehicle . MedlinePlus So I thought that I can pay him and keep the title in my name until it ends its six-month non-owners then transfer the title . The only information that can be found on a similar theme has to do with the car now have insurance and a license plate , in which case the costs would happen to fall into your lap , not mine . MedlinePlus MedlinePlus My question is, what lends the uninsured car insurance someone not of legal owner for 2 weeks ?
Fender bender - Lapsed insurance on friends truck - but I have insurance on my truck.?0aaniya gill2012-11-03 22:57:50
I have had a car on "loan" (perminent) at the house, I needed to use it to get to work, as a situation arose where I could not use my truck. 1.5 miles from home, I rear ended the person infront of me, (foot slipped from break) at a yield sign. I was going 5 mph. The vehicle I was driving was a 80's light truck - the grille and head lamps got smooshed. Driver #2 was driving a big huge suburban. pulled over, police came, report was written - it was discovered the insurance was lapsed on my friends truck. CRUD! I let the officer and the driver know that I would be happy to take care of anything that need to be done, so, all was OK. Driver #2 , The officer and I saw no visable damage to her SUV. I said, have it checked out, and let me know. I get a phone call from Driver #2 - with a 750.00 estimate on her bumper. Remember no visable damage. What should I do from here, I have Insurance on my Vehicle, but what if this estimate is for esthetics? Shouldnt her insurance contact me?
Getting a car loan with no proof of income?0paulie2012-10-10 06:41:13
I work as a child care provider in someone's house , and I get paid every two weeks in CASH . I'm thinking of buying a new car, but is it even possible to get a car loan without proof of income ?
Bank loan for car - Need proof?0P'yongyang2012-09-13 11:20:03
Your bank Barclays but I have to show some proof of car you want to buy ?
How do I get a used car loan if I have bad credit and no income proof?2Someone2012-10-17 01:11:02
My girlfriend put a down payment on a new car for me in 2006 . Since then I have been making all the payments and take care of car maintenance . Since then , we have broken and we would get the car in your name and mine. There are about $ 9,300 to pay the car stopped . MedlinePlus MedlinePlus I'm looking to get a car loan to pay Toyota Financial Services for the rest . However, I have been paying under the table in my work over the past three years , so I can not document my income. Also, I have to pee poor credit (hence the need to put the car in your name from the beginning ) . MedlinePlus MedlinePlus Does anyone have any idea how I can get a loan ? Any hints on specific companies would be greatly appreciated .
Student Loan & Financial Proof? PLEASE help!?0eustace2012-11-02 17:12:00
Hey guys! I'm an international undergraduate student applying to US colleges. Namely, MSU, WSU, and U of Oklahoma Here's the thing, how does the financial proof/statement of financial responsibility work with student loan? For example, do I write down the student loan company as my sponsor? What should I do? I'm really confused! THANK YOU!
What car loan companies don't ask for proof of income.?3Lindah2012-08-16 02:37:02
I'm trying to buy a mustang 05 for 20,000 people. I have 19 years and this car the first thing I am financing . I have a credit account 730. The only problem is with my proof of income. I am a waiter and all the money I earn is at the tips. During the summer I worked for General Motors and made 2,000 per month. So if worse comes to worse you can use the vouchers. But I wondered what companies usually do not ask for proof of income.
Proof of residency and employment for car loan?0cheza2012-10-01 14:36:06
I found the car you want and after discussing and negotiating , I'm sure you will get it right . I have good credit and make good money . However, I will be moving from Washington to Florida in two weeks. Still I have my job and I am applying to remain in the company when it comes to Florida , but right now , it is not guaranteed . The car I have now is not reliable and will not nationwide . I am also living temporarily with a friend and I'm not in the lease . MedlinePlus The company I work for is " job number " service that can instantly verify employment . But I'm not sure what I can offer as proof of residency . If they find out that I move to Florida can order the vehicle ? Once approved and all the paperwork is done , which is right? As I make my payments can not take it back ?
I am approved for a car loan but now i have no proof of residence! what do i do?0yesdas2012-08-13 05:51:36
I can rent an apartment and utilities are included in the rent. all my other stuff is mailed to my PO box! I was told to bring my payment and proof of residency ! funding is with Ford Motor Credit ! Help?

Ask New Question  

  • You are not logged in,answer will be Anonymous.Set Nickname | Sign In | Sign Up
  • tags separate by ','
  • Shortcuts:Ctrl+Enter

Latest Questions