Not exact matches
Lenders only serve as
lienholders of the
vehicle title until the loan amount has been fully repaid.
After you have signed your car title loan contract, LoanMart will sign onto your
vehicle title as the
lienholder.
We will use your
vehicle's title to add a
lienholder.
When you sign your loan agreement, LoanMart will also sign onto your
vehicle title as a
lienholder for safe keeping.
At this time, LoanMart will also sign onto your
vehicle title as a
lienholder, but this is so you can keep your car and drive it every day like normal during your loan period.
As the
lienholder of your consumer loan, Evansville Teachers Federal Credit Union requires proof of insurance on your
vehicle.
LoanMart only acts as the
lienholder of your qualifying free - and - clear
vehicle title, so when your loan is paid off you can get your title back.
Based on
vehicle equity and the ability to repay the loan, LoanMart allows users full - use and funding, while they take over as
lienholder on the
vehicle title as a form of collateral, but only over the course of the repayment period.
When you do this, LoanMart will also sign onto your
vehicle title as a
lienholder, but only for the duration of your loan period.
If your mortgage lender or the
lienholder on your
vehicle have threatened a foreclosure or repossession action, you need to act quickly.
In general, California law allows
lienholders to repossess
vehicles where the borrower is in breach of the contract terms, without requirement for a court judgment.
Most
lienholders require physical damage coverage if you are financing or leasing your
vehicle.
Guaranteed Auto Protection (GAP) insurance insures you of the «gap» between the ACV and the amount you owe the car dealer or
lienholder of a leased
vehicle when you total your
vehicle.
This is where GAP insurance comes in — for a nominal premium, you are guaranteed that you can finance another
vehicle as soon as possible, because the GAP insurance will help cover you repay the full amount owed to the dealer or
lienholder of your leased
vehicle.
Usually, the
lienholder on a new
vehicle — the bank that issued the car loan — is going to require a maximum deductible of $ 500 on comprehensive and collision coverage (that's the part of your insurance that protects your car).
If you lease your
vehicle or if you are still making loan payments, the leasing company or
lienholder must be listed on the claim check.
However, you must make sure that the repairs have been done properly — if the repairs were shoddily done, you might have to pay for «excess wear - and - tear» when you return your
vehicle to the
lienholder.
When you buy a car, you get a certificate of title, which names all
lienholders for the
vehicle.