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10-08-2007, 03:01 AM
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 if i buy a used car with a loan, does the...
...car need to be under my name? I'm thinking of buying a car for school with a loan from my bank, but I dont want it under my name, can I get it under my moms name but the loan under mine?
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10-08-2007, 03:55 AM
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The bank won't like this arrangement, because they want the car as collateral if you default on the loan. But they might give you a personal loan and raise the interest rate accordingly.
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