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Auto Loan Question

Originally Posted by WShade Yes. You obtain a loan from the bank and the bank has a financial interest (lien holder) in the vehicle as they own it as well.

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Old 06-17-2009, 04:26 PM   #1 (permalink)
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Quote:
Originally Posted by WShade View Post
Yes. You obtain a loan from the bank and the bank has a financial interest (lien holder) in the vehicle as they own it as well. They hold the title until you pay off the vehicle. Stop paying and they repossess.
are you sayin that is possible to get a loan even with my credit score being low at 526 , cuz thats the only thing stopping me to get a z rite now. a nissan dealership already did a credit check on me and told me my credit is to low and i need a cosigner with a high credit score
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