 Can my grandmother get a personal loan to give to
me to buy a car? Hypothetically, let's say my grandmother has very good (if not perfect, I wouldn't doubt it) credit and wanted to help me get a car. My credit is so shot that my name can not even be on the loan, therefore the car would be in her name. The insurance (if I understand correctly) would also have to be in her name and if I were to get in an accident, they would go after her and not me. Would she be able to get a personal loan to give to me so that I could buy a car? I hope this makes sense.
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