How To Get My Name Off A Joint Car Loan

If you co-signed for someone’s car loan and want to remove your name from the loan there are a few different options available to you. You will need to contact the lender and let them know that you would like to remove your name from the loan and they will likely require some information from you and the primary borrower.

Option 1: Refinance the Loan

If the primary borrower is in good standing with the loan and has good credit they may be able to refinance the loan without your name on it. This will usually require a new application and may have a higher interest rate since it is now only in the primary borrower’s name.

Option 2: The Primary Borrower Takes Out a New Loan

If the primary borrower can’t qualify for a loan on their own you may be able to help them by co-signing for a new loan. Once the new loan is funded you can then ask the lender to release your name from the old loan.

Option 3: Sell the Car

If the primary borrower is having trouble making the payments or the loan is close to being defaulted on your best option may be to sell the car. This will allow you to pay off the loan and remove your name from the debt.

Option 4: Wait for the Loan to Be Paid Off

If you can’t or don’t want to do any of the above options you will just have to wait for the loan to be paid off. Once the loan is paid in full your name will be removed from the debt.

No matter which option you choose it is important to remember that you are still responsible for the debt until it is paid off. If the primary borrower stops making payments or defaults on the loan your credit will be impacted as well.

How do I remove my name from a joint car loan?

Answer 1: You would have to refinance the loan in your name only.

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How do I get my name off a car loan I co-signed for?

Answer 2: You would have to refinance the loan without the co-signer.

My name is on a car loan but I don’t own the car how do I get it off?

Answer 3: You would have to refinance the loan and have the title in your name only.

I am selling my car that I have a loan on how do I get my name off the loan?

Answer 4: The loan would have to be paid off in full or you could potentially do a title transfer with the new owner if they are assuming the loan.

I am trading in my car that I have a loan on how do I get my name off the loan?

Answer 5: The loan would have to be paid off in full or you could potentially do a title transfer with the new owner if they are assuming the loan.

I am taking over payments on a car from someone else how do I get my name on the loan?

Answer 6: The previous owner would have to do a title transfer with your name on it.

If the loan is in their name you would have to refinance the loan in your name.

I am taking over payments on a car from someone else how do I get my name off the loan?

Answer 7: You would have to refinance the loan in your name only.

I am buying a car from someone and they still have a loan on it how do I get my name on the loan?

Answer 8: The previous owner would have to do a title transfer with your name on it.

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If the loan is in their name you would have to refinance the loan in your name.

I am buying a car from someone and they still have a loan on it how do I get my name off the loan?

Answer 9: You would have to refinance the loan in your name only.

I want to get my name off a car loan because I can’t afford the payments what can I do?

Answer 10: You could try to sell the car and pay off the loan that way or you could do a voluntary repossession.

I want to get my name off a car loan because the car is being repossessed what can I do?

Answer 11: You could try to sell the car and pay off the loan that way or you could do a voluntary repossession.

I want to get my name off a car loan because I am going through a divorce what can I do?

Answer 12: You would have to refinance the loan in your name only.

I want to get my name off a car loan because the person I co-signed for isn’t making the payments what can I do?

Answer 13: You would have to refinance the loan without the co-signer.

The car I have a loan on was totaled how do I get my name off the loan?

Answer 14: The loan would have to be paid off in full.

I want to get my name off a car loan because I am moving to another country what can I do?

Answer 15: You would have to refinance the loan in your name only.

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