[punkloverjade]

Im a Co Singer on a car loan for my now ex. I have asked him many times to refinance the car in just his name. He now has a new GF and she in the hospitla and he just doesn't want to take the time to get this stuff taken care of. If there any way I can get my name off the loan with out him being there?

[Justice Matters]

It is theoretically possibly, although highly unlikely, that the finance company could release you if you so asked.

We assume that your ex-boyfriend's credit rating was inadequate to finance the car on his own and that is why you were asked to co-sign the loan. If this is the case the finance company is unlikely to release you even if your ex-boyfriend agrees. The only exceptions would be if his credit was good enough to refinance on his own or another person took your place as the co-signor.

Needless to say so long as you are part of the contract you are exposed to a potential liability if your ex-boyfriend defaults on the loan.

[punkloverjade]

If I rember right he could have gotten the loan. We put me on it to help both our credit. We where getting married and was tryng to get out scores up to buy a houes. So if I call the loan people they might let me off the loan if his score is still good?

[Justice Matters]

As we said it's possible but highly unlikely. Once a lender has you locked up as a co-signer they generally don't want to let you go since it doubles their chances of collecting their money in the event of default.

You, of course, have nothing to lose at this point in making the request.

Since your ex-boyfriend is supposedly too busy to deal with this you could also find out what paperwork is necessary to remove or substitute you from the contract, get it ready, and simply present it to him to execute. That is if it can, in fact, be done that easily.

[Fr_Chuck]

It is very doubtful, whose name is on the title also, do both of you own it, or is he the owner and you only on loan