Comments on: Personal Loans: Finance for Your Personal Needs http://www.smartbankruptcyguide.com/personal-bankruptcy/personal-loans-finance-for-your-personal-needs/ Helping you make smart bankruptcy decisions Fri, 23 Sep 2011 08:10:46 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Magick http://www.smartbankruptcyguide.com/personal-bankruptcy/personal-loans-finance-for-your-personal-needs/comment-page-1/#comment-2426 Magick Fri, 28 Aug 2009 23:47:59 +0000 http://www.smartbankruptcyguide.com/personal-bankruptcy/personal-loans-finance-for-your-personal-needs#comment-2426 You can refinance a car. You get a used car loan and they pay it off to the other lender. Your question is a bit hard to understand. It almost looks like you say a personal loan against the car. A personal loan will not be against the car. Who holds the title to the car and is there a lien holder listed on the title? If you have the title and there is no lien holder then i would think you can do what you want with the car.<br><b>References : </b><br> You can refinance a car. You get a used car loan and they pay it off to the other lender.

Your question is a bit hard to understand. It almost looks like you say a personal loan against the car. A personal loan will not be against the car.

Who holds the title to the car and is there a lien holder listed on the title? If you have the title and there is no lien holder then i would think you can do what you want with the car.
References :

]]> By: lulu http://www.smartbankruptcyguide.com/personal-bankruptcy/personal-loans-finance-for-your-personal-needs/comment-page-1/#comment-2425 lulu Fri, 28 Aug 2009 23:45:59 +0000 http://www.smartbankruptcyguide.com/personal-bankruptcy/personal-loans-finance-for-your-personal-needs#comment-2425 A personal loan is just that - a loan to you, with no reference to what the money will be used for. I guess this was from your bank. Buying a car from a dealer using their finance would result in a loan tied to the car. So, with a personal loan, the car is not linked to the money, and you can sell it. With a dealer arranged finance, you can still sell the car, but outstanding finance would have to be paid off at the point of sale. Best of luck, take care.<br><b>References : </b><br> A personal loan is just that – a loan to you, with no reference to what the money will be used for. I guess this was from your bank.
Buying a car from a dealer using their finance would result in a loan tied to the car.
So, with a personal loan, the car is not linked to the money, and you can sell it.
With a dealer arranged finance, you can still sell the car, but outstanding finance would have to be paid off at the point of sale.
Best of luck, take care.
References :

]]> By: Karen B http://www.smartbankruptcyguide.com/personal-bankruptcy/personal-loans-finance-for-your-personal-needs/comment-page-1/#comment-2424 Karen B Fri, 28 Aug 2009 18:43:14 +0000 http://www.smartbankruptcyguide.com/personal-bankruptcy/personal-loans-finance-for-your-personal-needs#comment-2424 <b>if a car is a personal loan against it cani sell it finance comp tells me it is per loan dont understand?</b><br>need to change car a repayments are to high want a run around i am told my finance is a personal loan can i sell the car buy a cheaper one from the dealer and send the difference to finance company dont want to go to garage and be told that i have finance on it and cant sell.what does the personal loan mean if a car is a personal loan against it cani sell it finance comp tells me it is per loan dont understand?
need to change car a repayments are to high want a run around i am told my finance is a personal loan can i sell the car buy a cheaper one from the dealer and send the difference to finance company dont want to go to garage and be told that i have finance on it and cant sell.what does the personal loan mean

]]>