Car Loans-Co Borrowers

[vraiblonde]

Originally Posted by charlesctygal

I want him to have a car though

Stop that. His transportation is NOT your problem, just like his child is NOT your problem.

If he can refi the car and keep it, great. If not, and you are the primary owner, then you need to get that car back in your possession and try to get rid of it.

[beachcat]

Originally Posted by AiryT

I had this problem when I divorced my first husband. You are on the hook, they will not take your name off the loan even if he has possession of the vehicle. Your only recourse would be to have him refinance in his name only or you refinance in your name only.

If you do this, take possession of the vehicle and take his name off the title and registration.

[beachcat]

Originally Posted by vraiblonde

Stop that. His transportation is NOT your problem, just like his child is NOT your problem.

If he can refi the car and keep it, great. If not, and you are the primary owner, then you need to get that car back in your possession and try to get rid of it.

listen to vrai - you want him to have a car for what? tote his girlfriends around? get drunk, have an accident, and because your name is associated with it on the title and registration and insurance, you will be held accountable.

[beachcat]

Originally Posted by charlesctygal

He was my fiancee when we bought it, we are now married. I called the finance company, they said I could either refinance through a bank, or trade in teh vehicle and that they would tack on whatever is left owed on the vehicle after the KBB value and add it to the price of another car. Yuck! I may talk to him about doing some sort of agreement like you mentioned. Right now he wont even speak to me, each day it gets worse, like I am the total bad guy.

and yet you want him to have a car? girl, look out for yourself. ####heads are like trains, another one will come along. only don't cosign anything for them

[vraiblonde]

Originally Posted by beachcat

get drunk, have an accident, and because your name is associated with it on the title and registration and insurance, you will be held accountable.

This an excellent point and worth repeating.

[cattitude (Premo)]

Originally Posted by tommyjones

cheater?

You need to keep up.

[charlesctygal]

I called the finance company, i may be refinancing the vehicle in my own name. waiting for approval. does anyone know, if both of our names are on the title, would he have to sign it?

[cattitude (Premo)]

Originally Posted by charlesctygal

I called the finance company, i may be refinancing the vehicle in my own name. waiting for approval. does anyone know, if both of our names are on the title, would he have to sign it?

He can "gift" it to you for no charge. He would have to sign a form.

Read about it here...

Titling - Gift to Family Member

[dems4me (Premo)]

Originally Posted by cattitude

He can "gift" it to you for no charge. He would have to sign a forum.

Read about it here...

Titling - Gift to Family Member

[USWWarrior]

Originally Posted by vraiblonde

This an excellent point and worth repeating.

Yes it is.....I did not think about that when I went thru my divorce. She made the payments, so I just let it go.

Try selling the car on SOMD.com...see if you get a buyer that will take over the loan.

I also agree, if he is being a d*ck...then it is time for you to turn into superb*tch...