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View Full Version : Can my husband get a loan on my car with my name on the title


Judy Larson
Oct 31, 2013, 04:29 AM
My husband took out a loan in his name only against our car. My name is on the title also? Is that legal in MN for a bank to give him a loan without my signature? It is in Minnesota.

ScottGem
Oct 31, 2013, 04:44 AM
Did the bank put a lien on the title? Unless the loan is specifically secured by a lien against the title, then it doesn't matter. If a lien was filed, its not that it is illegal, but the lien may only be able to be enforced against his share of the car.