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-   -   Car loan default (https://www.askmehelpdesk.com/showthread.php?t=64869)

  • Feb 21, 2007, 05:36 AM
    castaj0958
    Car loan default
    I have to default on my car loan. I also have a co signer, the car is not running the engine has blown... I advised the insurance company of same... what are th elaws regarding this... is still repaying the loan my responsibility
  • Feb 21, 2007, 05:40 AM
    excon
    Hello castaj:

    Yes. Yours AND the cosigners. Why would you inform the insurance company? They don't care. It's the BANK that cares!!

    That's not a nice thing to do to your co signer.

    excon

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