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No. And them saying they will is an illegal debt collection practice. What they can do is file a complaint with the police, and if the police believe you committed a crime the police can either do a probable cause arrest or ask a judge to sign an arrest warrant. The company does not get arrest warrants.
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You took out a title loan and your car broke down so you turned it to a junk yard now the company is saying that they want to get a warrant for a felony arrest on you can they?
Possibly. It depends on the state where this took place. Some states consture this as larceny by conversion, or hindering a lender in the recovery of collateral. It can be a felony. Title loans is very strict in how they perceive their contracts. If you you contracted a loan with this company, it is in your best interest to follow the contract exactly. Pay what you owe, and walk away.
What happens if you sell a vehicle you've gotten a title loan on can there be legal action taken against a person from the title loan place?
It is a FELONY in most states to sell leined property. Why would you want to do that anyway? Most title loans are the easiest place in the world to let someone ASSUME your loan. Its not like you even have to have credit to get a title loan. Keep your account current and you shouldn't have anything to worry about.
What is a title loan?
A title loan is also known as car title loan. It is a type of secured loan where you can use your vehicle title as collateral to get the funds you need. When you borrow with your car title, you allow the lender to place a lien on the title of your car, SUV, RV, truck, or motorcycle in exchange for a loan amount. This loan don't rely on your credit score.
What is Title loan?
A title loan is also known as car title loan. It is a type of secured loan where you can use your vehicle title as collateral to get the funds you need. When you borrow with your car title, you allow the lender to place a lien on the title of your car, SUV, RV, truck, or motorcycle in exchange for a loan amount. This loan don't rely on your credit score.
Can a title loan place suspend your license?
yes
How do you get a title loan?
You go to a place that makes title loans with the car, the title in your name with NO leinholders and any other paperwork the lender might require.AnswerThere are various online title loan companies that can assist you with what you need.
Can a check cashing loan be turned into a warrant if check bounces and what is the statute of limitations on this in Kentucky?
Written agreements in Kentucky are long. They have 15 years to bring a case. And if it is a felony, there is no statute of limitations.
Where can one get a car auto loan- credit bad?
Title max at 411 West Broad Street is one place you may put up your car title for a loan. You do not need a good credit rating to obtain a loan here. All you need is an id and a clear car title to get this loan at Title max.
Can I get my name off the title and loan of my ex-son in law's van if he still has a loan on the van?
The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.
Can one title loan company find out if you already have a title loan?
Yes, they would obviously know about it. When a title loan company offers you a title loan, it will check the car title well in advance. When it checks the title, it will easily come to know about any liens.
Can you get a title loan to fix your car even if the car is not presentable?
Stay away from any place that deals in title loans. These places pray on poor people and are the last place you need to borrow money from.AnswerIf your car is in good running condition, you can get a title loan. Most companies will physically inspect your car.
Bought a car out of state but loan is with your bank Who receives the title?
The bank receives the title until the loan is paid. If the loan is paid off then you receive the title.
